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About this property

COMING SOON – 3 bedroom, Shared Ownership Homes!

Discover the perfect blend of picturesque countryside and modern convenience at New Lubbesthorpe, a thriving and well-established community. Set within 250 acres of beautiful green space and just 15 minutes from Leicester city centre, New Lubbesthorpe offers the best of both worlds. With highly regarded schools, excellent road and rail connections, and a wealth of leisure and family attractions nearby, everything you need is right on your doorstep.

What is Shared Ownership?

Shared Ownership offers you the chance to buy a share of your home upto 75% 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.

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.

Key information

Council Tax Band: Contact branch

Tenure: Leasehold

Leasehold Information:

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

Shared Ownership:

  • Share being sold: 50%
  • Rent payable: Contact branch
  • Utility supply:

    • Electric: Ask agent
    • Water: Ask agent
    • Heating: Ask agent
    • Broadband: Ask agent
    • Sewerage: Ask agent

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent
  • Property responsive
    Laxford Lane, Lubbesthorpe, Leicester, Leicestershire, LE19 3 semi-detached house
    £
    £
    £
    Years
    %
    * Estimated monthly repayment: £...

    *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 a Countrywide Mortgage Services Consultant who will be more than happy to help.

    †The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.

Agent details

Blaby

    23 Leicester Road
    LEICESTER
    Leicestershire
    LE8 4GR
Phone Icon Icon set Phone 01163400531 Blaby branch

Extras

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Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.

Countrywide Mortgage Services and Connells Group Insurance Services are trading names of Connells Group Principal Services Limited which is authorised and regulated by the Financial Conduct Authority (Firm Registration Number 301684). Registered Office: Witan Gate House, 500-600 Witan Gate West, Milton Keynes, MK9 1GF. Registered in England no. 01707341.