Barkby Road, Queniborough, Leicester, Leicestershire, LE7 Property for sale

Enjoy the charm of village life with excellent schools, everyday amenities, and a welcoming community right on your doorstep.

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

40% share value: £160,000

5% deposit: £8,000

Rent charged on un-owned share: 2.75%

Monthly Rent on un-owned share (60%) £550

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.