The Oakleigh - 25%

Town house
Plot 44
40  Southwell Way , Uppingham , LE15 9EZ

Ref: TSOS000581
Incentives now available! We are excited to release this three bedroom town house located in the stunning market town of Uppingham. This modern new build home is available to buy on the shared ownership scheme. Price shown for a 25% share.

Incentive os this plot:

- £99 reservation fee
- £1000 allowance towards legal fees
- Fitted carpets

The accommodation benefits from two allocated parking space and in brief comprises: hallway with under-stairs cupboard, kitchen, lounge/diner with access to rear garden and a cloakroom. On the first floor you will find two bedrooms and the family bathroom and on the second floor is the master bedroom.

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.

RENT AND OTHER COSTS

25% share (£63,750) Rent £438.28 pm
50% share (£125,000) Rent £292.19 pm
75% share (£187,500) Rent £146.09 pm

Based on a Full Market Value of £255,000

Plus, you will pay a service charge of £40.34 per month

You will need a minimum 5% deposit for mortgage purposes and funds to pay for solicitor fees, moving costs & furnishings.

Located in Uppingham, and just 7 miles from Oakham, The Elms is ideally placed close to shops, services, Ofsted rated schools and excellent transport links.

Uppingham itself is particularly noted for its art, antiques and craft shops. It has a wealth of local sports clubs, community groups and activities for all ages.

Oakham has a wider choice of shops and stores, including a Tesco superstore and a good range of high street favourites, banks, schools for all ages and restaurants. There is also a some great places to visit nearby including Rutland Water, which is England's largest reservoir and hugely popular for sailing, fishing and watching the birds and wildlife at Rutland Water Nature Reserve.

Whether you're commuting to work, doing the school run or just getting out and about, the transport links from these houses are excellent. The closest train station to The Elms at Uppingham is Oakham, at around 7 miles away. From here, regular services run to Leicester (30 minutes), Peterborough (also 30 minutes approx.), Birmingham (1 hour 20 minutes), and connections to London St Pancras or London Kings Cross (both less than 2 hours).

By car, The Elms at Uppingham is on the A47 between Leicester (20 miles) and Peterborough (23 miles), with good road links to Northampton (31 miles), Nottingham (41 miles) and Birmingham (67 miles). For air travel, the nearest airport is Nottingham East Midlands (40 miles).

Families searching for new houses for sale in Rutland will appreciate the range of schools for all ages. For young children, Stepping Stones Nursery is around half a mile from The Elms and Uppingham C of E Primary School (rated Good by Ofsted) is a 5-minute walk from home. For older students, Uppingham Community College (mixed secondary school, rated Good by Ofsted) is just over a mile away.

Images are for Illustration purposes only. Due to the nature of construction, room sizes may vary. These dimensions are not intended to be used for carpet sizes.


Dimensions




3 Bedrooms
2 Parking Spaces

1 Bathroom
From 25% Share

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