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The Meadows

Wymeswold, Loughborough

2 Bedrooms

1 Bathroom

Semi-detached house

Price: £102,000
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Price: £102,000
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Property Details

Key features

  • Shared Ownership
  • Plot 47 / 48
  • Shares starting from 40% at £102,000
  • Monthly rent of £350.63 based on a 40% share
  • Close to beautiful open green spaces
  • Two car parking spaces per home
  • 10 year new build warranty
  • Available to reserve now for £500

Council Tax Band: Contact branch

Tenure: Leasehold

    Leasehold Information:

  • Number of years left on lease: 0 years
  • Annual service charge: Contact branch
  • Annual ground rent: Contact branch
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch

A fantastic opportunity to purchase a brand new two bedroom home via Stonewater for Shared Ownership on the brand new 'The Meadows' development built by 5* house builder Dandara. Shares available to purchase from 40% at £102,000 with a monthly rent of £350.63 and a minimum deposit required of £5100.

Stonewater, in partnership with Dandara, present just two semi-detached, two bedroom houses for shared ownership at The Meadows, a popular new development on the edge of Wymeswold village.

Both properties feature a good-sized living/dining room with access on to the rear garden, a separate kitchen, hall and useful cloakroom with WC and hand basin on the ground floor. Upstairs are two double bedrooms and a family bathroom.
The houses come with two allocated off-road parking spaces with sockets for the future fitting by the resident of an electric vehicle charging point. The storage of garden furniture, bicycles, barbecue sets etc. is taken care of with the provision of a shed in the rear garden.

PLOTS AVAILABLE: PLOT 47 / 48

Price example:
Full market value - £255,000
40% share - £102,000
Rent based on the unpurchased 60% share - £350.63 per month
Service charge - £38.19
Minimum deposit required - £5100

All applicants are expected to check affordability before proceeding and can do so by completing the following link:
https://tmpmortgages.co.uk/assessment/


Shared Ownership Criteria
Be over 18 years old and live permanently in the UK
Have a combined annual household income under £80,000, or £90,000 in London
Not own a property, or part of a property, at the time of buying
Have a good credit history and be able to obtain a mortgage
Be unable to purchase a home suitable for your needs on the open market

Location
Wymeswold is an attractive village on Leicestershire's northern boundary roughly equidistant from
the cities of Nottingham and Leicester. The market town of Loughborough is just over five miles away. The village itself boasts a village green, St Mary's, a picturesque church, and a number of historic listed buildings.

Schools in the area include Wymeswold CofE Primary, rated 'Good' by Ofsted. For pupils aged 11 to 18 East Leake Academy is just over five miles away and is also Ofsted rated as 'Good'. Nearby Loughborough University is ranked within the country's top 20 and is a 2023 triple Gold winner in the Teaching Excellence Framework.

Wymeswold's proximity to the main A46 trunk road makes commuting into Nottingham or Leicester by car convenient and easy. The nearest station is in Loughborough, on the East Midlands Line, from where trains run to Leicester and Nottingham in approximately 10 and 22 minutes' travelling time respectively. Sheffield is approximately 54 minutes away and London St Pancras International an hour and 16 minutes. East Midlands Airport is just over 12 miles away serving holiday destinations across Europe.

Specification
Kitchen Symphony Kitchens

• Grey Driftwood
• Worktop - Alaska
• Handle - Chrome square D handle
• Electric single oven
• 4 burner stainless steel gas hob
• Stainless steel extractor fan

Bathroom
• Mixer shower over bath with glass shower screen
Flooring
• Vinyl flooring to bathroom, WC and kitchen only

External
• Shed in rear garden
• Turf to the front of the house
• Plug sockets for the provision of an electric car charging point
(please note this allows provision of an electric car charge point to be installed only)
• Two allocated parking spaces

Agent Notes
Please note that all sales particulars and images are for marketing and illustrative purposes only. Plans may contain elements which are not
present upon the final completion of the property. All room dimensions are approximate and are for general guidance only.

A fantastic opportunity to purchase a brand new two bedroom home via Stonewater for Shared Ownership on the brand new 'The Meadows' development built by 5* house builder Dandara. Shares available to purchase from 40% at £102,000 with a monthly rent of £350.63 and a minimum deposit required of £5100.

Stonewater, in partnership with Dandara, present just two semi-detached, two bedroom houses for shared ownership at The Meadows, a popular new development on the edge of Wymeswold village.

Both properties feature a good-sized living/dining room with access on to the rear garden, a separate kitchen, hall and useful cloakroom with WC and hand basin on the ground floor. Upstairs are two double bedrooms and a family bathroom.
The houses come with two allocated off-road parking spaces with sockets for the future fitting by the resident of an electric vehicle charging point. The storage of garden furniture, bicycles, barbecue sets etc. is taken care of with the provision of a shed in the rear garden.

PLOTS AVAILABLE: PLOT 47 / 48

Price example:
Full market value - £255,000
40% share - £102,000
Rent based on the unpurchased 60% share - £350.63 per month
Service charge - £38.19
Minimum deposit required - £5100

All applicants are expected to check affordability before proceeding and can do so by completing the following link:
https://tmpmortgages.co.uk/assessment/


Shared Ownership Criteria
Be over 18 years old and live permanently in the UK
Have a combined annual household income under £80,000, or £90,000 in London
Not own a...

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
(2) These particulars do not constitute part or all of an offer or contract.
(3) The measurements indicated are supplied for guidance only and as such must be considered incorrect.
(4) Potential buyers are advised to recheck the measurements before committing to any expense.
(5) Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
(6) Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

MORTGAGE CALCULATOR

Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.

Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.

If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.

** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 01/03/2024 and is correct as at 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. **THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.

 
 

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.