Available

Cottage Farm - Oadby, Leicester

Glen Road, Oadby, Leicestershire, LR2 4RZ

£118,000 for a 40% share


  • Available Now - 3 Bedroom Mid Terrace Houses from £118,000
  • Located in the charming town of Oadby, less than 5 miles from Leicester
  • Available on the new Shared Ownership scheme with a 990 year lease

A small number of homes at a new Bloor Homes development called Cottage Farm in the small & charming town of Oadby on the outskirts of Leicester. This thriving town offers a great balance between town, city & countryside living with excellent transport links and good local amenities right on your doorstep.

Our homes are only available to buy on Shared Ownership with a 40% to 75% initial share available.  The opportunity to buy more shares to own 100% of the property in the future.

Fixtures & Fittings we include

Oven, Hob & Hood
Downstairs WC
Bathroom with shower over bath
Gas-fired central heating
Flooring/carpets throughout
Turfed rear gardens
Allocated parking

Prices and Shares

Shares are available from 40% to 75%*

3 Bedrooms from £295,000 (100%)
40% share from £118,000  Rent = £405.63

Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £14.76 
Estate/Service Charge: £12.95

The opportunity to buy more shares to own 100% of the property in the future.

*Alternative shares are available upon request & will be determined by the applicant’s affordability & target share being met. 

Tell me more about shared ownership

This is a government-backed scheme where you buy a share of your home and pay rent on the remaining share. The share you can buy will range between 10% and 75%, depending on the development and what you can afford.

This means you’ll need a smaller mortgage and deposit to get you started. Click this button to find out more...

Shared ownership

How do I apply?

Register your interest by scrolling to the bottom of this page and completing the 'Contact Us' form.

Please ensure you include:

  • Your total household income
  • Your total household savings for house purchase

 

 

Tell me more about the local area

The Cottage Farm development is located in the small and charming town of Oadby, on the outskirts of Leicester. Oadby is a thriving town offering a wealth of shops, including convenience stores, and supermarkets. The Parade is home to well-known shopping names, alongside banks, a post office, dentist, doctors’ surgeries and much more. Oadby also offers a wonderful choice of places to eat including restaurants, takeaways, pubs and cafés.

Oadby offers excellent transport links. The A6 passes through the town, intersecting with the A563 Leicester Ring Road. There are frequent bus services into Leicester City Centre and Leicester Train Station is less than 5 miles away.

Floor Plan

pdf - 78Kb

New Shared Ownership Lease

pdf - 3681Kb

A typical Shared Ownership property with Midland Heart

Take a look at one of our shared ownership properties

The best way to get in touch is to complete the 'Contact Us' form below.
You can also call us on 0800 44 55 67.
If you wish to register your interest please ensure you include:
Your total household income
Your total household savings for house purchase

Contact Us

This is for potential purchasers to contact the sales team. We'll use this information to update and arrange viewings. Please note, you can also withdraw your consent by contacting us using dataprotection@midlandheart.org.uk

Additional information

All interested parties are required to check they meet the criteria for Shared Ownership as set out at GOV.UK.

Shared Ownership homes provided through the new Shared Ownership and Affordable Homes Programme 2021 to 2026.

*Price advertised is a 40% share, maximum share for initial purchase 75%. Alternative shares are available upon request & will be determined by the applicant’s affordability & target share being met. Actual share purchase will be determined by financial assessment and individual circumstances in accordance with the HCA guidelines. 

An additional monthly rental charge applies that includes rent, buildings insurance and management charge but excludes any mortgage payment.

^Any images/photographs shown are for illustrative purposes only & provide an example of a Midland Heart property at this location.

>Floor plans depict a typical layout of the house types and are for illustrative purposes only. Room sizes are approximate only and not intended to be used for carpet sizes, appliance sizes or items of furniture. For exact plot specification, please speak with our Sales Adviser. Some properties may be a mirror of the plan shown.