Buzzard Way, LE12
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
3
- BATHROOMS
1
- SIZE
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Key features
- Three bedrooms
- Large open hallway
- Kitchen/Diner fitted with Oven, Hob & extractor
- Large Livingroom
- Garden to the rear with turf included
- 10 year NHBC warranty
- Downstairs WC
- 2 large storage cupboards
- Driveway for two vehicles
- 10 year NHBC warranty
Description
Our Kestrel Fields development is ideally situated in East Leake a bustling Village located in the District of Nottingham but it's closest town is Loughborough, Leicestershire. There are a range of local primary and secondary schools, great transport links with local bus routes, road links to the A60, A6006 and within 5 Minutes of the M1. The properties will benefit from a 10 year NHBC warranty.
The Property
This 3 bed room large house briefly comprises of an Entrance Hall, downstairs WC, kitchen/dining fitted with oven hob & extractor, main large bedroom with 2 good size bedrooms, bathroom with shower over bath and 2 storage cupboards. Additional benefits include allocated parking for two vehicles and an enclosed rear garden.
This property is due for build completion in March 2024, we're therefore currently unable to offer viewings and will be accepting reservations off-plan.
Prices
Plot 1, 10, 34, 153, 158 & 186
75% share- £221,250
Deposit of £11,062
Monthly rent £169.01
50% share- £147,500
Deposit of £7,375
Monthly rent- £338.02
35% share- £103,250
Deposit of- £5,163
Monthly rent- £439.43
Other shares can be purchased subject to an affordability assessment.
Examples of deposit rates are based on our minimum required deposit rate of 5%. However please seek financial advice to confirm what deposit rate is available to you.
Homes England Key Information Document - please refer to our website to read through our key information document for this property. This will include pricing details, eligibility and some lease information.
NEXT STEPS:
1. For further information, please download our brochure below.
2. TO APPLY NOW, please make an enquiry to contact Platform Home Ownership, the relevant sales consultant will then send you an application form to complete.
3. Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
4. Once you have passed the affordability assessment, we will then be in contact to confirm the availability.
5. If there is a suitable property we will then issue out your offer letter and advice on how to pay your £250.00 reservation fee for your new home.
Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time, you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay, as the share of the home that you do not own will have got smaller.
We will offer shares between 25-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market also the combined cost of mortgage and rent is often cheaper than privately renting in the area.
Am I eligible?
Shared Ownership uses the following criteria to help people to get onto the property ladder:
- Maximum annual household income of £80,000.
- Unable to purchase a home suitable for your needs.
*Please note some images are typical and should be used as a guide only
Brochures
Brochure 1Brochure 2Tenure: 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
Energy performance certificate - ask agent
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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Buzzard Way, LE12
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Holy Trinity Tram Stop4.2 miles
- Summerwood Lane Tram Stop4.2 miles
- Clifton South Tram Stop4.2 miles
About the agent
Platform Housing Group, Solihull
1700 Solihull Parkway Birmingham Business Park Birmingham B37 7YD
Platform Home Ownership is part of Platform Housing Group.
At Platform Home Ownership, we have helped thousands of people to realise their dream of buying their own home over the 30+ years that we have been operating.
We offer an affordable route to homeownership, with properties available for outright sale, shared ownership and rent to buy
Across Platform, we have a commitment to make a real positive difference to lives of our customers and the communities they live in.
Notes
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Visit our security centre to find out moreDisclaimer - Property reference LanternLane_3bLarge_35pc. 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 Platform Housing Group, Solihull. 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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