, Castle Donington
, DE74 2SE Ref: TSOS000718The Shared Ownership Shop are delighted to offer to the market this three-bedroom semi-detached house at Castle Donington on behalf of Limehouse (part of Futures Housing Group).
Price shown is for a 50% share.
Built by Redrow Homes from their heritage Collection the accommodation in brief comprises; entrance hall, lounge, kitchen/diner with doors to rear garden, cloakroom, three bedrooms and a family bathroom. The home further benefits from off-street parking for two cars.
Shared ownership provides an affordable way for you to become a home owner, by buying a share in a new home and paying a subsidised rent on the remaining share. You will then have opportunity to purchase further shares in your home in the future up to 100%, which we call "staircasing", as further shares are purchased the rent reduces accordingly.
The rent for a 50% share is £262.50 per month (Based on a full market value of £210,000). Plus, you will pay a service charge of £20.25 per month (to include buildings insurance).
You will need a minimum 5% deposit for mortgage purposes and funds to pay for solicitor fees, moving costs & furnishings.
Castle Donington is nestled nicely within the Derby, Nottingham and Leicester triangle and offers great access to the M1, A50 and A42.
From the medieval market to the modern schools, from superb road links to nearby rail that will speed you to the capital in under an hour and a half, Castle Donington ticks so many boxes on your wish list.
Images are for Illustration purposes only. Photos show similar house types on another development. Due to the nature of construction, room sizes may vary. These dimensions are not intended to be used for carpet sizes.