Emh
Red Lane, South Normanton, DE553HA
Exciting news for prospective homeowners in South Normanton! A brand new development, "The Meadows," is set to bring 24 modern shared ownership homes to Red Lane, with the first residents expected to move in by late 2025.
The development will offer a mix of two, three, and four-bedroom houses, providing a fantastic opportunity for individuals and families looking to step onto the property ladder in a thriving community.
A highly anticipated show home is scheduled to open its doors this summer, offering interested buyers a first glimpse of the quality and design that will define The Meadows. This will be an excellent chance to explore the layouts, finishes, and overall feel of these new properties.
Shared ownership at The Meadows will allow buyers to purchase a share of a home, typically between 10% and 75%, and pay rent on the remaining portion. This makes homeownership more accessible by significantly reducing the upfront deposit and mortgage requirements. What's more, homes at The Meadows will come with an impressive 990-year lease, offering long-term security and peace of mind for homeowners.
Development location
Red Lane, South Normanton, DE553HA
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