3 bed semi-detached house for sale

Spencer Clarke Road, Scraptoft LE7

Situated within the highly sought-after village of Scraptoft, this well-presented three-bedroom semi-detached home is offered for sale on a 50% shared ownership basis, presenting an excellent opportunity for first-time buyers and those looking to step onto the property ladder in a desirable location.

The accommodation is well designed for modern living, beginning with an inviting entrance hall leading through to a comfortable living room. To the rear of the property is a spacious kitchen/dining room, providing plenty of room for everyday family life as well as entertaining, with direct access to the garden. A convenient downstairs WC completes the ground floor.

Upstairs, there are three well-proportioned bedrooms served by a family bathroom, making the property equally suited to couples, young families or those working from home.

Outside, the rear garden has been fully patioed to create an attractive, low-maintenance outdoor space that can be enjoyed throughout the year. A substantial garden shed is available by separate negotiation. To the front, the property benefits from a tandem driveway providing off-road parking for two vehicles.

Located on Spencer Clark Road, the property enjoys easy access to local amenities, well-regarded schools, beautiful countryside walks and excellent transport links into Leicester and the surrounding villages.

Available to purchase on a 50% shared ownership basis, this home offers an affordable route into home ownership, with the opportunity to purchase additional shares in the future, up to 100%, subject to Midland Heart's shared ownership scheme and eligibility criteria.

Finer Details

• 
  
  Three-bedroom semi-detached home
  
  
• 
  
  50% shared ownership
  
  
• 
  
  Leasehold
  
  
• 
  
  Shared ownership provider: Midland Heart
  
  
• 
  
  Living room
  
  
• 
  
  Kitchen/dining room
  
  
• 
  
  Downstairs WC
  
  
• 
  
  Family bathroom
  
  
• 
  
  Fully patioed, low-maintenance rear garden
  
  
• 
  
  Large garden shed available by separate negotiation
  
  
• 
  
  Tandem driveway providing off-road parking for two vehicles
  
  

Shared Ownership Information

The total monthly payment is £344.57, which includes:

• 
  
  Rent payable on the remaining 50% share
  
  
• 
  
  Management charge
  
  
• 
  
  Buildings insurance
  
  
• 
  
  Service charge
  
  
• 
  
  Administration fee
  
  

Please note that the service charge is reviewed annually.

The purchaser must be approved by Midland Heart before the sale can proceed. Approval is based on affordability and applicants must satisfy the shared ownership eligibility criteria.

To be eligible, purchasers must:

• 
  
  Purchase the property as their main residence (not as an investment or second home).
  
  
• 
  
  Meet Midland Heart's affordability requirements.
  
  
• 
  
  Have a minimum 5% deposit if buying with a mortgage.
  
  

Priority will be given to first-time buyers, Housing Association tenants and Council tenants, although applicants who have already agreed the sale of their own property (subject to contract) will also be considered.

There is also the opportunity to purchase additional shares in the property in the future, up to 100%, subject to Midland Heart's criteria at the time.

Parking - Driveway

Disclaimer

In accordance with current legal requirements, all prospective purchasers are required to undergo an Anti-Money Laundering (aml) check. An administration fee of £40 per property will apply. This fee is payable after an offer has been accepted and must be settled before a memorandum of sale can be issued.