Make Deeping Meadow your new Home with shared ownership from Legal & General. This well appointed two bedroom home is available to purchase from a 40% share at £62,000 with a deposit of £3,100. Call today to arrange your viewing of this beautiful property.
Plot 131 is a two-bedroom, end of terrace home situated on the popular development of Deeping Meadow.
Homes at Deeping Meadow will benefit from flooring throughout, including good quality carpet to your bedrooms. These stylish Symphony kitchens have been designed to maximise on space and make life simple with the benefit of an integrated oven and gas hob. Upstairs you will find a generously sized master bedroom with fitted wardrobes, three piece family bathroom and your second bedroom. The property benefits from a turfed garden to the rear as well as two allocated parking spaces.
Full market value: £155,000
40% share value: £62,000
5% deposit: £3,100
Rent charged on un-owned share: 2.75%
Rent on un-owned share (60%): £213.13
Estimated monthly service charge charge: £33.41
This development is on the outskirts of the historic town of Market Deeping, offering homes for everyone. The A15 is 3 minutes away by car giving convenient access to Peterborough (less than ten miles away). Market Deeping itself is right on the doorstep, less than a mile away, offering a wide array of local and national brand retailers, pubs and restaurants. Many of them are clustered around the attractive traditional market square - there has been a market here since at least 1220. The River Welland - location for an annual charity raft race - meanders through the town alongside attractive stone buildings, some of which date back to the 17th century. There are several schools in Market Deeping, spanning the range from nursery to a-level. College and university education are available in Peterborough, just a short bus journey away.
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 40% and 75%) and pay rent on the remaining share. Further on, you could buy bigger shares when you can afford to and, if you choose, 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 to a new house, whilst delivering customer satisfaction and quality new homes.