Pending Sale

Stoche Acre - Stoke Golding, Leicestershire

Roseway, Stoke Golding, Near Hinckley, Leicestershire, CV13 6HQ

£120,000 for a 40% share


*Last Plot - Under Application*

  • 3 Bedroom Semi-Detached house - £120,000 for a 40% share 
  • ^£500 Cashback available
  • Located in the sought after village of Stoke Golding, 3 miles northwest of Hinckley
  • Available on the new Shared Ownership scheme with a 990 year lease

A small number of energy efficient homes on a new Cora development called Stoche Acre in the sought after village of Stoke Golding on the edge of Leicestershire, close to the Warwickshire border. This charming and historic village is surrounded by beautiful countryside and is known for its friendly community.

The Price advertised is for a 40% share, it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability. There are opportunities to buy more shares to own 100% of the property in the future.

^£500 Cashback subject to terms and conditions and only payable upon completion on/before 30th January 2025. 

Fixtures & Fittings we include

Oven, Hob & Hood
Downstairs WC
Bathroom with shower over the bath
Flooring/carpets throughout
Turfed rear gardens
Allocated parking 

Prices and Shares

3 Bedroom £300,000 (100%)
40% share* £120,000 Rent = £412.50

Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £15.32
Estate/Service Charge: £16.07

*The Price advertised is for a 40% share, it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability.

There are opportunities to buy more shares to own 100% of the property in the future.

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

Am I eligible?

You may be eligible for Shared Ownership with Midland Heart if:

You have a gross household income of no more than £80,000 per annum.

You are unable to purchase a suitable home to meet your housing needs on the open market.

You do not already own a home or you will have sold your current home before you purchase.

You have cash funds to purchase an initial share or the ability to raise a mortgage for the share. You will need a minimum 5% deposit for a 95% mortgage.

Have been in continuous employment for at least 12 months (if you require mortgage).

If you are Self employed, you are able to provide 2 years full accounts.

You must be ready to proceed with a purchase in the next 12-15 weeks.

Have a good credit history* including:

  • No outstanding CCJ’s or defaults that remain outstanding
  • No history of rent arrears
  • No Debt Management plans, IVA’s or bankruptcy that remains outstanding  

*If you decide to purchase a home with us, you will then be required to provide a Check My File credit report.

Any questions?

The best way to get in touch is to email sales@midlandheart.org.uk.
You can also call us on 0800 44 55 67.

To register an interest, please complete the ‘Register With Us’ form.

Tell me more about the local area

The Stoche Acre development is located in the sought after village of Stoke Golding on the edge of Leicestershire, close to the Warwickshire border.  This charming and historic village is surrounded by beautiful countryside  and is known for its friendly community.

Stoke Golding is close to the market towns of Hinckley (3 miles) & Nuneaton (5 miles) with all their amenities and a short drive from the lively cities of Leicester (16 miles) & Coventry (14 miles).

The location is great for those who want to enjoy the peace and quiet of a small village while still being close to all the amenities.

Shopping

  • Tomlinson’s Farm Shop – 0.7 miles
  • Morrisons – 1.8 miles
  • Asda – 2.4 miles

Schools

  • St Martin's Catholic Voluntary Academy – 0.4 miles
  • Richmond Primary School – 1.9 miles

3 Pubs within walking distance

  • The White Swan - 0.2 miles
  • The George & Dragon – 0.2 miles
  • Dog & Hedgehog Inn – 0.5 miles

Greenwood 3 Bedroom Floor Plan

pdf - 94Kb

New Shared Ownership Lease

pdf - 3711Kb

A typical Shared Ownership property with Midland Heart

Take a look at one of our shared ownership properties

To register your interest please complete form below.
Please ensure that you have read the 'Am I eligible?' section above before registering.

Register With 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

The Price advertised is for our target share of 40% and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc); it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability. There are opportunities to buy more shares to own 100% of the property in the future.

Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met). Buyers need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale.

Amount advertised is subject to change. An additional monthly rental charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.

^Any images/photographs shown are for illustrative purposes only & simply represent a typical example of a Midland Heart property.
>Floor plans depict a typical layout of this house type and are for illustrative purposes only. Properties may also be built ‘handed’ (mirror image) of those illustrated. Midland Heart reserves the right to alter and change certain aspects of a property – for exact plot specification please request a viewing.  These particulars do not form part of a contract or warranty.