Semi-detached house for sale in "The Glentham", Vasey Fields, Bassingham LN5

Plot 6: The Glentham - 2-Bedroom Semi-Detached
Price Representative of 45% Share

Built by Lindum and located on a development of 18 homes in the sought after village of Bassingham, this 2-bedroom semi-detached home boasts a driveway with ample parking for 2 cars. Buyers can enjoy a modern family home and rear garden. The ground floor benefits from a spacious living room and a modern kitchen/dining room with rear door leading through to the back garden. There is also a downstairs WC. 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. All properties on this development are fitted with air source heat pumps.

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! If your affordability or circumstances change, you have the opportunity to purchase additional shares in the property, this is called staircasing. It is possible to staircase up to 100% share of the property when affordable for you to do so.

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 £92,250 - Rental Amount Payable £301.83 per month
60% share - Purchase price £123,000 - Rental Amount Payable £231.36 per month
75% share - Purchase price £153,750 - Rental Amount Payable £160.89 per month

Full Property Value: £205,000

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

Plots Available in this House Type (The Glentham)

Plot 5 - Prices from 45% share (£92,250) up to 75% share (£153,750)
Plot 6 - Prices from 45% share (£92,250) up to 75% share (£153,750)

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 Bassingham 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 to the development please use the What3words code: ///remarking.widgets.dramatic

Bassingham is a flourishing sought after village, located close to the banks of the River Witham, a few miles south-west of the Cathedral City of Lincoln. The village offers a good range of local amenities including a Spar shop, Post Office, public houses offering excellent food and drink, doctor's surgery, hair dressers, community centre and a highly regarded primary school

Living Room (4.77m x 4.04m)

Incorporating under stairs cupboard

Kitchen / Dining Room (3.70m x 4.04m)

WC

Contemporary two-piece white suite comprising of wash-hand basin and WC

Landing

With built-in cupboard

Bedroom 1 (3.23m x 4.04m)

Bedroom 2 (2.95m x 4.04m)

With built-in cupboard

Bathroom

Contemporary three-piece white suite comprising of bath, wash-hand basin and close coupled WC, shower over bath and sleek shower screen

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

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.

Parking - Driveway