SHARED OWNERSHIP two bedroom house available to purchase from a 65% share from £260,000 with a minimum 5% mortgage deposit of £8450. Opportunity to staircase to 100%. Call today to arrange your appointment to view.
This charming two double bedroom end modern terrace home occupies a plot on the recently built new Wigston Meadows estate. The current owners are selling their 65% share of the home with the remaining 35% owned by Legal & General's Affordable Homes. The home is conveniently located for a range of local amenities and is only a short drive away to the centre of Wigston.
Access to the home is via a composite front door that leads into an entrance area with stairs rising to the first floor. An opening leads through to the lounge.
The ground floor is largely open plan and is well suited to modern living. Split into a kitchen area at the rear and reception space to the front of the home the space can be configured and laid out in a variety of ways. There is ample room for a range of living room and dining furniture and a window to both front and rear elevations that flood the space with plenty of natural light.
The kitchen has a contemporary range of base and wall mounted fitted units with roll-edge work surfaces and a stainless steel sink and drainer. There is an integral gas hob and built-in oven as well as space for a fridge/freezer and plumbing for a washing machine. A door from the kitchen area leads through to a rear lobby that in turn leads to a useful ground floor WC and wash hand basin and opposite a back door that leads out to the garden.
To the first floor, the principal bedroom is a generous double room with a window to the front elevation and a built-in over the stairs storage cupboard/wardrobe. The second bedroom, overlooks the garden and could be used as the principal bedroom if preferred. It is similarly sized and also benefits from a full height built-in cupboard/wardrobe.
Positioned between the two bedrooms is a family bathroom which comprises a three piece white suite to include a bath with mains shower over, low flush WC and pedestal wash hand basin.
To the front of the home a driveway provides off-road parking for two vehicles. There is gated side access to the rear. At the rear is a relatively low maintenance garden with a lawn a recently laid timber decked patio seating area ideal for those sunny days.
This home is perfect for anyone looking to take their first steps on the property ladder or anyone that qualifies to purchase a shared ownership home. Internal viewing is highly recommended.
Full Market Value: £260,000
65% Share Price: £169,000
Rent on un-owned share £205.57 PCM
Estimated estate charge £50.00 PCM
Wigston is a suburb situated to the South of Leicester City Centre. A popular local hub the main High Street provides a wide range of local shops, amenities, restaurants and eateries. The transport links for commuters are excellent heading into and out of the city by road either by car and regularly serviced bus routes or by rail via South Wigston train station. In addition, there are a number of reputable local schools for all age groups.
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
