Bluebell Road, Sleaford, LINCOLNSHIRE, NG34
- Brand new Shared Ownership home
- 3 Bedroom Home
- Double Parking
- Private Garden
This brand new home is available to buy from as little as £112,500 with a 50% share!
Holdingham Grange offers a fantastic opportunity to buy your new home Close to the thriving market town of Sleaford. Sleaford boasts a large range of amenities including a well-known supermarket, high street stores, a range of independent shops and choice of restaurants. The beautiful Norfolk coast is approximately an hour away by road but there are a host of fenland walks closer to home, including routes along the picturesque River Slea - perfect for family outings and romantic picnics. Sleaford has something to suit everyone's interests including a School of Motoring, Pro Martial Arts School and Go Dance Studio. Sport is high on the town's agenda with a recently-refurbished leisure centre and state-of-the-art gyms.
The development offers excellent commuter links; the train from Sleaford takes you to Grantham in approximately 30 minutes where it meets the London mainline. Furthermore; you'll find rail links to Lincoln in 30 minutes, Peterborough and Doncaster in approximately 1 hour and 15 minutes, or even Skegness in just over an hour. Holdingham Grange offers quick and easy access to major road links, including the A15 and A17 for travel further afield.
The town's well-respected secondary schools ' Kesteven and Sleaford High School and St George's Academy and Carre's Grammar School - have all been rated `Good' by Ofsted. There are also numerous primary schools, namely Sleaford Church Lane, St Botolph's CE and William Alvey CE School as well as many nurseries and daycare facilities within the area.
PRICING & AFFORDABILITY
Approximate Size 923 sq ft
Full Market Value: £225,000
50% Share Price: £112,500 (rent £257.81 pcm)
Minimum 5% Mortgage Deposit (50% share): £5,625
Approximate Service Charges: £TBC pcm*
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright.
At £110,000 you can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you're ready, you can buy more shares until you staircase to owning 100% of your home.
To be eligible for shared ownership you would need to meet the following criteria:
' Your annual household income does not exceed £80,000
' You have a deposit of at least 5% of the share value
' You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
' This will be your only residence.
' You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change.
**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.
Leaders Romans Group are selling the homes on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England. For more information on Sage Housing visit www.sagehousing.co.uk.