The Meadows, Wymeswold, Loughborough

SUMMARY
A fantastic opportunity to purchase a brand new three bedroom home via Stonewater for Shared Ownership on the brand new 'The Meadows' development built by 5* house builder Dandara. Shares available to purchase from 40% at £134,000 with a monthly rent of £460.63 and a minimum deposit required of £6700.


DESCRIPTION
Stonewater, in partnership with Dandara, present our semi-detached, three bedroom houses for shared ownership at The Meadows, a popular new development on the edge of Wymeswold village.

All properties feature a good-sized living/dining room with access on to the rear garden, a separate kitchen, hall and useful cloakroom with WC and hand basin on the ground floor. Upstairs are two double bedrooms, a single bedroom and a family bathroom. The houses come with two allocated off-road parking spaces with sockets for the future fitting by the resident of an electric vehicle charging point. The storage of garden furniture, bicycles, barbecue sets etc. is taken care of with the provision of a shed in the rear garden.

PLOTS AVAILABLE: PLOT 7 / PLOT 8 / PLOT 9 / PLOT 10

Price example:
Full market value - £335,000
40% share - £134,000
Rent based on the unpurchased 60% share - £460.63 per month
Service charge - £38.19
Minimum deposit required - £6700

All applicants are expected to check affordability before proceeding and can do so by completing the following link:


Shared Ownership Criteria 
Be over 18 years old and live permanently in the UK
Have a combined annual household income under £80,000, or £90,000 in London
Not own a property, or part of a property, at the time of buying
Have a good credit history and be able to obtain a mortgage
Be unable to purchase a home suitable for your needs on the open market

Location 
Wymeswold is an attractive village on Leicestershire’s northern boundary roughly equidistant from
the cities of Nottingham and Leicester. The market town of Loughborough is just over five miles away. The village itself boasts a village green, St Mary’s, a picturesque church, and a number of historic listed buildings.

Schools in the area include Wymeswold CofE Primary, rated ‘Good’ by Ofsted. For pupils aged 11 to 18 East Leake Academy is just over five miles away and is also Ofsted rated as ‘Good’. Nearby Loughborough University is ranked within the country’s top 20 and is a 2023 triple Gold winner in the Teaching Excellence Framework.

Wymeswold’s proximity to the main A46 trunk road makes commuting into Nottingham or Leicester by car convenient and easy. The nearest station is in Loughborough, on the East Midlands Line, from where trains run to Leicester and Nottingham in approximately 10 and 22 minutes’ travelling time respectively. Sheffield is approximately 54 minutes away and London St Pancras International an hour and 16 minutes. East Midlands Airport is just over 12 miles away serving holiday destinations across Europe.

Specification 
Kitchen Symphony Kitchens

• Grey Driftwood
• Worktop – Alaska
• Handle – Chrome square D handle
• Electric single oven
• 4 burner stainless steel gas hob
• Stainless steel extractor fan

Bathroom
• Mixer shower over bath with glass shower screen
Flooring
• Vinyl flooring to bathroom, WC and kitchen only

External
• Shed in rear garden
• Turf to the front of the house
• Plug sockets for the provision of an electric car charging point
(please note this allows provision of an electric car charge point to be installed only)
• Two allocated parking spaces

Agent Notes  
Please note that all sales particulars and images are for marketing and illustrative purposes only. Plans may contain elements which are not
present upon the final completion of the property. All room dimensions are approximate and are for general guidance only.


Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



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.