Semi-detached bungalow for sale in "The Stubton", Claystone Meadows, Claypole NG23

Plot 6: The Stubton - 2-Bedroom Semi-Detached Bungalow
Price Representative of 75% Share

Built by Lindum, this 2-bedroom semi-detached bungalow boasts ample parking with 2 allocated, off street parking spaces. The ground floor benefits from hall which leads to a modern kitchen/dining room with back door opening through to the enclosed rear garden which will be freshly turfed. The kitchen boasts modern fixtures and fittings as well as an integrated hob, oven and extractor hood. Both bedrooms are a good size. The hall and Bedroom 1 lead to a modern jack and jill wet room incorporating shower, wash-hand basin and toilet.

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 £99,000 - Rental Amount Payable £335.10 per month
60% share - Purchase price £132,000 - Rental Amount Payable £259.48 per month
75% share - Purchase price £165,000 - Rental Amount Payable £183.85 per month

Full Property Value: £220,000

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

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 Claypole, Stubton and Fenton, Westborough and Dry Doddington?
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: ///ballparks.goodbyes.barbarian

Claypole, a sought-after village located only five miles from Newark on Trent, offers a variety of amenities catering to diverse needs. These amenities include a village store, a welcoming coffee shop, the charming Five Bells public house, a reliable butchers, and a convenient salon. Families are well-served with a community park and access to Claypole Church of England Primary School, as well as being within the catchment area for The Suthers School in Newark, ensuring excellent educational opportunities. In terms of transport links, Claypole provides convenient access to the A1, facilitating easy travel to Grantham and Newark. Additionally, bus routes to Grantham, Sleaford, and Newark offer further connectivity, enhancing the village's accessibility and convenience for residents and visitors alike.

Kitchen / Living / Dining Room (6.63m x 3.65m)

Wet Room

Jack and Jill Wet Room, with doors from Hall and Bedroom 1

Bedroom 1 (3.81m x 3.41m)

Bedroom 2 (2.73m x 3.41m)

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.

Digitally Enhanced Images

Some internal photographs of this property have been digitally enhanced to add furniture, to give buyers a better idea of how this property will look once complete. These images are provided 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.

Garden

Enclosed rear garden which will be freshly turfed.

Parking - Allocated Parking