Terraced house for sale in Plot 38, "The Wallace", Saxon Park, Branston LN4

Plot 38: The Wallace - 2-Bedroom Mid Townhouse
Price Representative of 55% Share

This spacious 2-bedroom mid terrace boasts ample parking with 2 allocated, off street parking spaces. Buyers can enjoy a family home and rear garden. The ground floor benefits from separate lounge, WC, kitchen/diner leading through to the rear garden. The kitchen boasts modern fixtures and fittings as well as an integrated hob, oven and extractor. Upstairs, both bedrooms are a good size and there is a modern family bathroom with shower over bath.

About Shared Ownership

With shared ownership, you'll purchase a share of your home which will be subject to your individual affordability. You'll then pay rent on the remaining share owned by Longhurst Group - the housing association. This means you'll have lower monthly payments than you would with a traditional mortgage, making it a great option for first-time buyers or those needing to downsize.

But that's not all! As you build equity in your home, you can increase your ownership over time, eventually owning 100% of the property.

All properties on this development that are for sale with The New Homes Agent are available to purchase on a shared ownership basis only, with shares between 45% and 75% being made available.

Example Share Breakdowns

Please find examples of share amounts available provided:
45% share - Purchase price £78,750 - Rental Amount Payable £275.93 per month
60% share - Purchase price £105,000 - Rental Amount Payable £215.78 per month
75% share - Purchase price £131,250 - Rental Amount Payable £155.62 per month

Full Property Value: £175,000

Total rent includes rent, building insurance, third party management charge and management charge.

Plots Available in this House Type (The Wallace)

Plot 33 (Mid Terrace) - Prices from 45% share (£78,750) up to 75% share (£131,250)
Plot 38 (Mid Terrace) - Prices from 45% share (£78,750) up to 75% share (£131,250)

Shared Ownership Criteria

In order to submit an application for a shared ownership home, you'd need to consider the following criteria.

Do you have a local connection to Branston and the surrounding area?
Do you currently own another property that is being sold?
Is your total combined household income within £80,000 per annum?

For further details on whether you would be eligible for one of these homes, please contact The New Homes Agent.

Location

For the exact location please use the What3words code: ///miles.airliners.disposal ().

Branston is a small, picturesque village located in the North Kesteven district of Lincolnshire, situated approximately 4 miles southeast of the city of Lincoln. The village has a range of amenities including a primary school, a post office, a village hall, a church, and pub and coffee shop. There are also a number of local shops and businesses nearby, including a convenience store, a hairdresser, and a pharmacy. The village is surrounded by beautiful countryside, and there are a number of scenic walking and cycling routes in the area.

Lounge (3.90m x 4.78m)

Kitchen/Dining (3.90m x 3.86m)

Bedroom 1 (3.90m x 3.72m)

Bedroom 2 (3.90m x 2.74m)

Family Bathroom

3-piece suite with shower over bath.

Agent's Notes

Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate and for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements.

Computer Generated Images / Visualisations

Both internal and external computer-generated visualisation images (CGI’s) are given as a guide only and cannot be relied upon for 100% accuracy. Buyers are advised that completed homes may differ slightly in appearance once built and so all images, sizes, design and plans are given for guidance purposes only. The developer reserves the right to make amendments to the design and specification throughout the build.

Internal Images

The internal images provided are photos taken from completed plots on the same development.

Parking - Allocated Parking