Stoche Acre - Stoke Golding, Leicestershire

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

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.

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

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.

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.

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

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.