2 bed end terrace house for sale

Stonebridge Lane, Warsop, Mansfield, Nottinghamshire NG20

Now available – 2 and 3 bedroom, Shared Ownership Homes!

40% share at £70,000 with a deposit of £3,500. Full market value £175,000.

The property is located on the popular development of Meden Meadow based in Market Warsop, Nottinghamshire.
This well designed house briefly comprises of downstairs WC and storage closet, separate modern kitchen. Spacious lounge with patio doors leading to the garden. Upstairs there are two bedrooms and a family bathroom. Outside the property benefits from two allocated parking spaces and a secure turfed rear garden.
Meden Meadow is an idyllic new development in a semi-rural town of Market Warsop. Located in an established community with easy access to local amenities, good schools and plenty of open spaces.
The developer is just a short walk to the town centre with shops and a good mix of cafes, pubs and restaurants. The area is extremely popular for its stunning country parks, footpaths, cycleways and bridle paths.

Financial Breakdown:
Full market value: £175,000
40% share value: £70,000
5% deposit: £3,500
Rent charged on un-owned share: 2.75%
Monthly Rent on un-owned share (60%) £240.63
Monthly Estimated service charge: £71.23

What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

About Legal and General Affordable Homes
Legal & General Affordable Homes are a Registered Provider offering these homes for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.

*Please note, images have been used for illustrative purposes only and are of previous plots sold on another scheme. Specification, layout and finish may be subject to change. Please refer to brochure for details on specification included in this development.