£85,500
2 bed semi-detached house for sale
Lynchet Close, Market Harborough LE16New home
Shared ownership
Leasehold
2 beds
1 bath
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an "affordable rent" on the share you don't own.
Key information
Tenure
Leasehold (990 years)
Service charge
£56 per month
Council tax band
Ground rent
Ground rent date of next review
Shared ownership details
Shared Ownership is a scheme where you buy a share of your home and pay rent on the remaining share. This means you'll need a smaller mortgage and deposit to get you started.
Shared ownership percentage owned
30%
Shared ownership rent
£457 per month
Midland Heart Property Sales
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About this property
Open Plan
Affordable Home
Brand New 2 Bedroom Semi-detached House
£500 Cashback^ available
New Shared Ownership scheme with a 990 year lease
Located a short 30 min walk to the Town Centre
Open Plan Layout
Kitchen includes oven & hob
Carpets/Flooring throughout
Driveway with parking for 2 vehicles
Energy efficient new home
Brand New 2 Bedroom Semi-detached House available to buy on Shared Ownership. £85,500 for a 30% share. £500 Cashback^. Located on the Lubenham View development in the sought after town of Market Harborough in Leicestershire. This charming market town is full of history, culture, pubs/restaurants, independent retailers and was voted one of the best places to live in the country.
The property briefly comprises
Entrance Hall
Open Plan Living/Dining/Kitchen
Fitted Kitchen with oven, hob & hood
Rear Lobby with Downstairs WC
2 Bedrooms
Bathroom with a shower over the bath
Gas-fired central heating
Flooring/carpets throughout
Turfed rear garden
Driveway for 2 vehicles
Market Harborough has a full range of amenities including local independent shops as well as the bigger known brands, a selection of bars and restaurants are located within the town centre and surrounding villages, primary and secondary schools, doctor and dentist surgeries are also conveniently located.The town boasts excellent links to larger cities, including London, Birmingham and Leicester.
Price
2 Bedroom £285,000 (100%)
30% share £85,500* Rent = £457.19
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £17.30
Service/Estate Charge: £16.84
£500 Cashback^ available on this property. ^Subject to terms and conditions and only payable upon completion by specific date
Shared Ownership is ideal for first time buyers, or anyone who qualifies, and cannot afford to buy outright to get onto the property ladder. It is great if you have limited savings, as you only need a deposit for the share you buy. Shared Ownership homes provided through the new Shared Ownership and Affordable Homes Programme 2021 to 2026.
*The Price advertised is for a 30% share 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.
>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.