£200,000
4 bed semi-detached house for saleBarkby Road, Queniborough, Leicester, Leicestershire LE7
4 beds
EPC Rating: B
About this property
EV car charging
Shared Ownership
Four Bedrooms
Semi Detached
Two Parking Spaces
Flooring throughout
12 Year new Build Warranty
Shared Ownership
For even more choice, the nearby towns of Syston and Leicester offer a wide range of shopping, dining, and leisure opportunities. Surrounded by open countryside yet within easy reach of the city, Queniborough provides the perfect balance of rural tranquillity and modern convenience, an ideal place to call home.
Financial Breakdown:
Full market value: £400,000
50% share value: £200,000
5% deposit: £10,000
Rent charged on un-owned share: 2.75%
Monthly Rent on un-owned share (50%) £458.33
Monthly Estimated service charge: £99.09
lease term: 990 years
What is Shared Ownership?
Shared Ownership offers you the chance to buy a share of your home up to 74% and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, 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 house, whilst delivering customer satisfaction and quality new homes.
*Please note, images have been used for illustrative purposes only. Interiors are CGI dressed. Specification, layout and finish may be subject to change. Please refer to brochure for details on specification included in this development.
The advertised share percentage represents the minimum available to purchase. For applicable Shared Ownership homes, the full range of permitted initial shares will be made available on at least 25% of properties within the development or phase, where required by the relevant programme.
A prospective purchaser assessed as being able to afford a lower share than advertised may be considered for a lower initial share, where permitted by the relevant funding, planning, contractual and regulatory requirements. This does not create an entitlement to purchase at a lower share percentage.
Once the required proportion of properties has been sold, L&G Affordable Homes reserves the right to amend the minimum share percentages offered on the remaining properties. The share available to each purchaser will be confirmed through the sales, mortgage and affordability assessment process by L&G Affordable Homes or its appointed Sales Agent.
L&G Affordable Homes reserves the right to refuse, withdraw or decline an application or reservation where eligibility or affordability requirements are not met, or where necessary to comply with applicable funding, planning, contractual, regulatory or operational requirements.
Mortgage calculator
£1,000 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review
Shared ownership percentage owned
40%
Shared ownership rent
£458 per month



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