3 bedroom house
Plot 84- The Turner – 3-Bedroom End Townhouse
Price Representative of 50% Share
This spacious 3-bedroom end of terrace boasts ample parking with 2 allocated, off street parking spaces. Buyers can enjoy a large family home and non-overlooked rear garden. The ground floor benefits from spacious hallway with WC and contemporary open-plan kitchen/dining/living area. The kitchen boasts modern fixtures and fittings as well as an integrated hob, oven and extractor. Upstairs, all three bedrooms are a good size with two being doubles with fitted storage and there is a modern family bathroom with shower over bath.
This plot is due for handover in June 2023 making this an an off-plan purchase and viewings are not able to facilitated until this time.
About Shared Ownership
With shared ownership, you’ll purchase a share of your home which will be subject to your individual affordability. You’ll then pay rent on the remaining share owned by Longhurst Group – the housing association. This means you’ll have lower monthly payments than you would with a traditional mortgage, making it a great option for first-time buyers or those needing to downsize.
But that’s not all! As you build equity in your home, you can increase your ownership over time, eventually owning 100% of the property.
All properties on this development that are for sale with The New Homes Agent are available to purchase on a shared ownership basis only, with shares between 45% and 75% being made available.
Example Share Breakdowns
Please find examples of share amounts available provided:
45% share – Purchase price £112,500 – Rental Amount Payable £367.50 per month
60% share – Purchase price £160,000 – Rental Amount Payable £281.57 per month
75% share – Purchase price £187,500 – Rental Amount Payable £195.63 per month
Full Property Value: £250,000
Total rent includes rent, building insurance, third party management charge and management charge.
Shared Ownership Criteria
In order to submit an application for a shared ownership home, you’d need to consider the following criteria.
Do you have a local connection to Branston and the surrounding area?
Do you currently own another property that isn’t being sold?
Is your total combined household income within £80,000 per annum?
For further details on whether you would be eligible for one of these homes, please contact The New Homes Agent.
Location
Branston is a small, picturesque village located in the North Kesteven district of Lincolnshire, situated approximately 4 miles southeast of the city of Lincoln. The village has a range of amenities including a primary school, a post office, a village hall, a church, and pub and coffee shop. There are also a number of local shops and businesses nearby, including a convenience store, a hairdresser, and a pharmacy. The village is surrounded by beautiful countryside, and there are a number of scenic walking and cycling routes in the area.
Property Details
Hallway
Living Room
Kitchen / Dining Room
WC
Landing
With built-in cupboard.
Bedroom 1
With built-in cupboard.
Bedroom 2
With built-in cupboard.
Bedroom 3
Family Bathroom
Agents Notes
Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate and for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements.