Find a home

3-Bed Shared Ownership: 48 Spence Lane, Huncote

3 bedroom detached houseShared ownership £127,500 (50% Share)



  • Three bedrooms
  • Lounge
  • Fitted kitchen diner and utility room
  • Downstairs WC, Family Bathroom and Ensuite
  • Rear turfed garden
  • Gas central heating
  • Double glazing
  • Vinyl flooring to wet areas
  • Off road parking

For sale

48, Spence Lane, Huncote, Leicestershire, LE9 3BX

50% share - £127,500 monthly rent - £292.19 monthly service charge – £10.34

  • Housing Scheme: Shared Ownership
  • Tenure: Leasehold
Ask for details

hello homes are pleased to offer this 3 bedroom house, The Derwent, for sale on a Shared Ownership basis.

Shares can be purchased from 50% to 75% initially (this is based on 5% increments, dependent on affordability and approval of eligibility for the Shared Ownership Scheme by Help to Buy Midlands).

Staircasing can be applied for after 12 months to increase the share owned up to 100%.

The property briefly comprises of: Entrance Hallway, lounge, Fitted kitchen diner with a range of base and wall units and a built in stainless steel oven, hob & extractor fan, vinyl flooring. To the first floor there are three bedrooms, ensuite to master and a family bathroom. Outside there is a garden to the rear which is turfed and off Road Parking


Lounge – 5.30 x 3.0 17’5 x 9’10

Kitchen – 5.3 x 2.8 17’5 x 9’2

Bedroom 1 – 3.3 x 3.1 10’10 x 10’2

Bedroom 2 – 3.1 x 2.8 10’2 x 9’2

Bedroom 3 – 2.8 x 2.1 9’2 x 6’11

(All measurements should be treated as a guide only)

Example of costs:-

50% share - £127,500 monthly rent - £292.19 monthly service charge – £10.34

75% share - £191,250 monthly rent - £146.09 monthly service charge - £10.34

Full market value - £255,000.00

About the Area:

Huncote is a popular village in south west Leicestershire benefiting from many local amenities including a village pub, post office, a variety of local shops and local leisure and social groups for all ages. Within the village there is the Huncote Community primary school, a playgroup and close by there are a number of good high schools and the University of Leicester. On the edge of the village is the Pavillion leisure centre offering good sports & leisure facilities and home to the Huncote Hornets BMX club. Huncote residents can use extensive walking, cycling and bridleways to make the most of the beautiful surrounding countryside.

Excellent road and public transport connections mean Huncote is perfect for getting to the City of Leicester. Narborough and Leicester Railway Stations are both within easy reach and bus services to the City Centre from the village. Motorway links to the M1 & M69are also close by. The village is also within easy reach of the extensive Fosse Park shopping centre.

To register your interest:

Call hello homes on 0844 892 2506 (charges apply) or email

Please note that to purchase a shared ownership property you must have been approved by Help to Buy Midlands. For more details of shared ownership and how to apply visit the link on our website:

Site plans and EPCs
Ask for details

Please contact hello homes: email, call 0844 892 2506 or fill in the form below