, LE17 5FS Ref: TSOS000882A fantastic opportunity to buy a brand new three bedroom house in the popular village of Gilmorton. This home is available through the shared ownership scheme with the benefit of a lower deposit. Price shown is for a 45% share.
In brief the accommodation comprises hallway giving access to a downstairs cloakroom, open plan lounge/diner/kitchen (with double doors to the rear garden), and storage cupboard. Upstairs you will find three bedrooms and a family bathroom.
Shared ownership provides an affordable way for you to become a homeowner, by buying a share in a new home and paying a subsidised rent on the remaining share. You can then purchase further shares in your home, up to 100%, which we call "staircasing". As further shares are purchased the rent reduces accordingly.
The rent payable based on a 45% share would be £340.31pm (based on a Full Market Value of £270,000). Plus, you will pay a service charge of £26.49 pm.
You will need a minimum 5% deposit for mortgage purposes and funds to pay for solicitor fees, moving costs & furnishings.
The pretty village of Gilmorton in Leicestershire offers all the benefits of idyllic rural life, whilst being located just a couple of miles from the M1.
With the town of Rugby 10 miles to the South and the city of Leicester 23 miles to the North you are spoilt for choice when it comes to retail, entertainment and recreational facilities. Both locations also offer a train station if you fancy travelling farther afield.
Images are for illustration only. Due to the nature of construction, room sizes may vary. Dimensions are not intended to be used for carpet sizes.
These homes are advertised on behalf of the Longhurst Housing Group.