Terraced house for sale in Bourne Road, Colsterworth, Grantham NG33

£86,000
Interested in this property? Call +44 1565 358671 * or Request Details

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Terraced house for sale - 2 bedrooms

2 2 1

Tenure:
Leasehold with shared ownership
Shared ownership percentage owned:
40%
Shared ownership rent:
£295.63 per month
Time remaining on lease:
250 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available
Shared ownership details:
Not available

Property features

  • Prices start from £86,000 (40% share of full market value. Rent, service charges and Management charges apply)
  • Opportunity to purchase 40% - 75%
  • 2 Bedroom End Terrace
  • 250 Year Lease
  • 10 Year New Home Guarantee
  • Developed by Balfour Beatty Homes.

Property description

We are delighted to present Newton Meadows in Bourne Road, Colsterworth. This development includes a range of 2,3 and 4 bedroom houses and 2 bedroom bungalows. These homes have been developed by Balfour Beatty Homes.

Description

Each new build home had been carefully designed to offer spacious practical fitted kitchens, comfortable living spaces well planned bedrooms and attractive exteriors. Every aspect of your new Muir home is carefully finished to the highest standard. The scheme includes vehicular and pedestrian accesses, public open space and landscaping. Newton Meadows is a village location within easy reach of Grantham, Stamford and Melton Mowbray. With a wide range of local amenities and excellent transport links, Newton Meadows is an excellent environment ideal for both growing families and professional commuters.

Full Market Value (2 bedroom End of Terrace): £215,000
40% Share Value (2 bedroom semi-detached bungalow): £88,000
Rent on unowned share (2 bedroom end of terrace): £295.63 pcm
Service Charge: £25.03 pcm
Council Tax: Council tax bands are often not released until the property is complete.

Fully fitted kitchen with oven, hob and extractor fan
Vinyl flooring to kitchen and bathroom (and cloakroom in the houses)
Gas central heating with High Efficiency Boiler
Double glazing and high performance insulation throughout
Private turfed garden with close board fencing
Parking for two cars

Eligibility
Have a combined household income under £80,000 per annum
Not already own a property, or part of a property, at the time of completing on your purchase
Be unable to purchase a suitable home to meet your housing needs on the open market.
Information on 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 40% and 75%) and pay rent on the remaining share. You could buy bigger shares when you can afford to do so which is referred to as 'staircasing' and the more shared you own, the less rent you pay. Muir Housing Group offer 'staircasing' to 100% ownership.

Management and estate charges apply.

* Images are representative only

Property info

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For more information about this property, please contact
Wright Marshall, WA16 on +44 1565 358671 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Wright Marshall, and do not constitute property particulars. Please contact Wright Marshall for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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