Houghton on the Hill | Two Bedroom Detached Bungalow
2 bedroom bungalowShared ownership £56,250 (25% Share)
- Excellent village location
- Integrated oven, hob and extractor
- Spotlights to kitchen
- Internal Oak finished doors
- Shower over bath
- Flooring to all of bungalow
- Two parking spaces, off road
For saleHoughton on the Hill Shared Ownership, Harris Drive, Houghton on the Hill, Leicestershire, LE7 9LW
Shares from 25% - £56,250 Monthly Rent: £386.72- Monthly Service Charge: £34.13
- Bathrooms: 1
- Garage: Off street parking
- Housing Scheme: Shared Ownership
- Monthly service charge: £34.00
- Tenure: Leasehold
hello homes are pleased to offer our remaining plot at our Houghton development, a 2-Bedroom Bungalow for sale on a Shared Ownership basis.
Shared Ownership is a part buy-part rent scheme which makes buying your own home affordable. Shares can be purchased from 25% to 75% (this is based on 5% increments, dependent on affordability and approval of eligibility for the Shared Ownership Scheme by Help to Buy Midlands). Shared Ownership allows you to purchase a share in a brand new home whilst paying a subsidised rent on the remainder. Once you have lived in the property for 12 months you can purchase additional shares if you want to; this is called staircasing. In most cases you can staircase up to 100% of the property and eventually own the property outright; making shared ownership a ladder of opportunity to owning your own home!
Example of costs
Shares can be purchased from 40% 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).
Example of costs based on Full Market Value of Property: £225,000 (2-Bedroom Semi Detached)
• 40% = £90,000: Rent @ £309.38 monthly / Service Charge @ £34 monthly
For floor plans, dimensions and photographs please refer to the floor plans and brochure or view our virtual tour below.
About the area
Houghton on the Hill is is a village lying six miles east of Leicester. The village sits in the Harborough district of Leicestershire and offers a ranges of services including two public houses, a village hall, local convenience stores / shops and a local primary school which has been rated ‘good’ by Ofsted.
The area itself oozes character and history, offering a highly desirable village location. The development sits within the Leicestershire countryside and is considered to have a traditional English ‘chocolate box’ character with some of the existing dwellings reported to be centuries old. This quaint village offers an excellent desirable location within commuting distance of the city centre of Leicester.
The main A47 bypasses the majority of the housing in the village and affords easy access to the city centre.
To register your interest
Call hello homes on 0300 123 0918 or email firstname.lastname@example.org
Please note that to purchase a shared ownership property you must have been approved by Help to Buy.
For more details of shared ownership and how to apply visit the following link: https://www.helptobuyagent2.org.uk/help-to-buy-schemes/shared-ownership
The link to register for shared ownership is: https://www.helptobuyagent2.org.uk/login
If you would like to be considered for one of our plots you will be required to submit your approved Help to Buy application reference and supporting documents; details of which will be provided upon contact to us.