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NEW HOME

Homefield Road, LE12

PROPERTY TYPE

Semi-Detached

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • New build
  • Allocated off street parking
  • Enclosed rear garden
  • Purchase 100% when you are ready
  • Integrated oven and hob
  • 10 Year NHBC new home warranty

Description

Description

50% shared ownership of a two-bedroom semi-detached property for £118,750. Monthly rent on remaining share is £272.14. In addition there will be a monthly service charge, of £36.55. There is no ground rent to pay.

We are building 55 new homes off Homefield Road which has fantastic views over the Soar Valley. All of the new homes have been designed by RG+P architects to EPC A standard, the best standard in energy efficiency, making them more affordable to heat and run.

The development will offer 33 affordable homes for rent and 22 to buy through shared ownership.


Specifications

Kitchen
Fitted modern kitchen
Integrated oven and hob
Stainless steel extractor hood
Vinyl flooring

Bathroom
White suite with chrome fittings
Tiling to ceiling around the bath
Shower over bath
Glass shower screen
Vinyl flooring

Heating
Gas fired central heating
Thermostatic radiator valves
Double glazed windows

External
Allocated off-street parking
Enclosed rear garden

Decoration
White emulsion walls and ceilings
White gloss painted woodwork

Open day event
Come and view these new homes and find out more about shared ownership. We are holding an open day event on Saturday 13 April, from 11am to 2pm. No appointment necessary, just turn up!

What is shared ownership?
Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it - but you're living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It's a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

The properties are sold on a 990 year shared ownership lease.

Who qualifies?
Anyone who does not currently own or part own a property and has a household income of less than £80,000 per year can apply.

How to apply
You can apply for one of our shared ownership homes by completing our application form.

Your affordability will be assessed based on the information you provide on the application form. NCHA will make an offer based on your affordability and the available shares for the scheme between 35 - 75%. If your application is successful a non-refundable reservation fee of £350 is required to reserve your new home, this amount goes towards your deposit on completion.

Brochures

Application formBrochureKey information

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

990 years left

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Homefield Road, LE12

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sileby Station0.5 miles
  • Barrow upon Soar Station1.8 miles
  • Syston Station3.2 miles
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About the agent

NCHA, Nottingham

12-14 Pelham Road Sherwood Rise Nottingham NG5 1AP

NCHA, Nottingham
Shared Ownership

NCHA develop new homes for sale across the East Midlands, with a focus on shared ownership.

Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. We own part of it - but you're living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It's a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to

More properties from this agent

Industry affiliations

National Association of Estate AgentsAssociation of Residential Letting Agents

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Disclaimer - Property reference SOSileby2BedSemi. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by NCHA, Nottingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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