New Lubbesthorpe, Beggars Lane, New Lubbesthorpe, Leicester, LE3 3NQ
2 Bedroom New Lubbesthorpe, Beggars Lane, New Lubbesthorpe, Leicester, LE3 3NQ available
Last Plot - 2 bedroom house available on Shared Ownership starting from £86,000* for a 40% share** plus a monthly rental cost.Enquire online
Last Plot - 2 Bedroom House available on Shared Ownership starting from £86,000* for a 40% share** plus a monthly rental cost.
Brand New Two Bedroom House available on our Shared Ownership Scheme. This desirable property is located on new development called New Lubbesthorpe at Beggars Lane, New Lubbesthorpe, Leicester.
We have one mid terraced property available.
The accommodation briefly comprises: Entrance hall. Open plan living/kitchen with integral oven & hob, washer dryer. Downstairs cloakroom. Two double bedrooms. Bathroom with a shower over the bath.
The property also benefits from gas fired central heating, flooring/carpets throughout, a turfed rear garden and a driveway with parking for one vehicle.
Shared Ownership is an excellent way for first time buyers or anyone who cannot afford to buy outright, to get onto the property ladder in an area they want to live. With more and more buyers being priced out of the housing market, Shared Ownership offers excellent value for money as you need to raise far lower deposits than your average first time buyer, as well the amount you borrow from a mortgage lender.
So call us today or enquire on-line for further information and see how we can help you buy your very own home.
^Photographs shown are for illustrative purposes only and are of a typical Midland Heart property at this location.
*Amount advertised is based on a 40% share of a mid-terraced 2 bedroom house and is subject to change.
**Share advertised is the minimum share. Maximum share for initial purchase 75%; Actual share purchase will be determined by financial assessment and individual circumstances in accordance with the HCA guidelines.
The monthly rental cost excludes any mortgage payment but includes rent, buildings insurance, estate and management charge. Amount advertised is subject to change depending on financial assessment and individual circumstances.
This property includes:
- Carpets and Flooring Throughout
- Oven, Hob & Extractor
- Downstairs Cloakroom
- Bath With Shower & Shower Screen
- Turfed Garden
A brand new development located to the west of Leicester and next to green rolling farmland, but just a 5-mile drive from the centre of Leicester.
New Lubbesthorpe has a nearby supermarket and other amenities close by. The location offers easy access to the M1 and M69 and is just a short drive to Fosse Shopping Park and the city of Leicester.
This development will form part of a new community encompassing 75 acres of new woodland, 250 acres of open space and park land as well as three new schools.
Are you eligible to apply?
Shared ownership is offered to people who:
- Have the funds to purchase a share in the property or the ability to obtain a mortgage for their share purchase
- Have a household income of less that £80,000 a year
- Are on the electoral roll
- Have a good credit history
- Pass our financial affordability criteria to ensure that you can afford the property on a sustained basis
- Have no history of rent arrears
- All applicants are required to register and apply in the first instance with Help to Buy Midlands for eligibility approval.