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Bailey Road

Loughborough

2 Bedrooms

1 Bathroom

End of terrace house

Price: £138,000
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Price: £138,000
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Property Details

Key features

  • The Alnwick - Garendon Park
  • Modern Open Plan Kitchen/Dining Room With Doors Opening Onto Enclosed Garden
  • UPVC Double Glazing
  • Turfed Rear Gardens & Allocated parking for 2 cars
  • 45-75% Share Ownership Available
  • Flooring included in the Kitchen/Diner, Batroom and WC

Council Tax Band: Contact branch

Tenure: Leasehold

    Leasehold Information:

  • Number of years left on lease: 0 years
  • Annual service charge: £0
  • Annual ground rent: £395
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch
  • Shared Ownership:

  • Share being sold: %
  • Rent payable: £0 per month

Thoughtfully designed with a spacious living room, leading on to a modern kitchen/dining room benifitting from french doors opening onto the rear enclosed garden. First floor has 2 bedrooms and a bathroom fitted with a modern three-piece suite.

Longhurst Group are please to now offer a selection of two and three bedroom shared ownership homes on the Garendon Park development in Loughborough.

Garendon Park is a development of new homes situated just outside the town of Loughborough which has a good range of amenities nearby.
Loughborough is a busy market town with a vibrant history. It is the largest town in the county of Leicestershire.
The centre of Loughborough's shopping area is the pedestrianised Market Place and Market Street. The town provides plenty of open space, gardens, shopping and entertainment. The location is also ideal for exploring the cities of Nottingham, Leicester and Derby, as well as being close to a variety of tourist attractions such as the Peak District, Sherwood Forest and the National Space Centre.

Location
Garendon Park is situated just outside the historic town of Loughborough. With a large variety of amenities nearby, great leisure and entertainment facilities with well-connected links across the Midlands, Loughborough has an abundance to offer first time buyer and growing families alike.

Schools And Education
Along with the notable Loughborough University and Loughborough College the development also benefits from its own amenities including a new primary school, community hub, parks and play area. Along with a wide choice of schools for all ages in and around Loughborough, including several rated 'Outstanding' by Ofsted

Shared Ownership Eligibility
Longhurst Group is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can own your own home with a lower deposit than is required to buy outright or with other buying schemes.

In order to submit an application for a shared ownership home, you'd need to consider the following criteria.

Do you currently own another property that isn't being sold?
Is your total combined household income within £80,000 per annum?

Example Shares
100% Plot Value is £230,000

45% share value
Property value = from £103,500 and a monthly rent of £347.36*

55% share value
Property value = from £126,500 and a monthly rent of £294.65*

65% share value
Property value = from £149,500 and a monthly rent of £241.94*

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

* Disclaimer
The brochure has been prepared from plans and computer generated image differences may apply.
Sizes may vary from plot plans.

* EPC Image is prediction ONLY.

Thoughtfully designed with a spacious living room, leading on to a modern kitchen/dining room benifitting from french doors opening onto the rear enclosed garden. First floor has 2 bedrooms and a bathroom fitted with a modern three-piece suite.

Longhurst Group are please to now offer a selection of two and three bedroom shared ownership homes on the Garendon Park development in Loughborough.

Garendon Park is a development of new homes situated just outside the town of Loughborough which has a good range of amenities nearby.
Loughborough is a busy market town with a vibrant history. It is the largest town in the county of Leicestershire.
The centre of Loughborough's shopping area is the pedestrianised Market Place and Market Street. The town provides plenty of open space, gardens, shopping and entertainment. The location is also ideal for exploring the cities of Nottingham, Leicester and Derby, as well as being close to a variety of tourist attractions such as the Peak District, Sherwood Forest and the National Space Centre.

Location
Garendon Park is situated just outside the historic town of Loughborough. With a large variety of amenities nearby, great leisure and entertainment facilities with well-connected links across the Midlands, Loughborough has an abundance to offer first time buyer and growing families alike.

Schools And Education
Along with the notable Loughborough University and Loughborough College the development also benefits from its own amenities including a new primary school, community hub, parks and play...

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.