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The Dials, Short Way, Hinckley

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

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

  • Brand new ‘over 55’s’ Shared Ownership home
  • 24/7 support
  • Superb grounds and facilities
  • Choice of apartment layout/floor level
  • Sought-after location
  • Show home available to view

Description

Over 55’s Shared Ownership

This brand new home is available to buy from as little as £78,250 with a 25% share!

The Dials offers 57 modern, stylish one and two bedroom shared ownership and rented apartments situated next to Clarendon park, in the welcoming town of Hinckley. Each apartment benefits from their own unique features and views, but all sharing the same high standards of finish, with comfortable access to the beautiful gardens, communal areas and facilities. Surrounded by like-minded people who share a similar outlook on life, The Dials will benefit from an open and inviting community, where family and friends are always welcome, and where there is always something new to enjoy. It’s housing for the over-55s, redesigned and somewhere you will be proud to call home.

OPEN PLAN LIVING
Every apartment has been designed for enjoying life. With an open-plan living and dining space, you can comfortably entertain friends and family, or simply relax in your own spacious environment. Apartments are fully carpeted for extra comfort and ease.

THE KITCHEN
The kitchens are bright and airy and are fully fitted with white goods oven, hob and extractor which come with a 2-year guarantee. Kitchen worktops and wall units are mounted lower with plug sockets raised higher – all for your increased comfort and convenience. Windows are fitted with electric opening mechanism to make life easier.

BATHROOM
When it comes to bathrooms, we’ve combined style and substance to create elegant spaces. With crisp white sanitary ware, level-access showers and anti-slip flooring, your new bathroom.

24/7 SUPPORT
Every apartment and all communal areas are equipped with Anchor On Call. You can rest assured that there is always someone on-call to help in case of an emergency. We understand that maintaining your independence is important and ensure that the support our Anchor On Call system provides is discreet, while providing peace of mind for you and your family.

NO MORE MAINTENANCE
When living at The Dials, all residents are required to pay a contribution towards the running costs of the facilities, support services and maintenance of the building and grounds. You may find you are currently putting off many general home maintenance tasks as they are too difficult to complete, or you may be paying a premium for someone else to complete them for you. At The Dials, in most cases these tasks are taken care of and covered by the service charge. For full details about the service charge, please ask our Consultant to provide you with our Key Facts document.

PRICING & AFFORDABILITY

Full Market Value: £313,000

25% Share Price: £78,250 (rent £880.31pcm)^

^Shares on all homes at The Dials can range between 25% and 90% - please speak to a member of our team regarding the rent payable based on different share levels.

Approximate Service Charges: £100.92 per week for 1 beds & £123.35 per week for 2 beds*
Shared Ownership Lease: 990 years
Council Tax Band: TBC

WHAT IS ‘ANCHOR’ SHARED OWNERSHIP?
Shared Ownership with Anchor is designed to give you flexibility when buying A new apartment without having to fund the entire value of the property. You would purchase a percentage of the property ranging between 25% - 90%, depending on the type of development and then pay rent on the remaining unpurchased percentage. This allows you to free up capital from your current home to enjoy later life to the full.

ELIGIBILITY

If you choose to apply for the Anchor Shared Ownership scheme, the general eligibility criteria is:

- You must be aged 55 years or older.
- Your maximum household income must not exceed £80,000.
- You should be unable to purchase a home suitable for your needs without assistance.
- You do not already own a home, or you will need to sell any existing property owned before purchasing through the scheme.
- You will need to have sufficient savings to pay the share in full if retired.
- You must not have any outstanding credit issues such as unsatisfied defaults or county court judgements.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more 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.

£0 per year

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.

£6414.2

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.

Band: TBC

The Dials, Short Way, Hinckley

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hinckley Station0.5 miles
  • Nuneaton Station3.6 miles
  • Bedworth Station5.5 miles
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About the agent

SOWN, Nationwide

Crowthorne House, Nine Mile Ride, Wokingham, Berkshire, RG40 3GZ

SOWN, Nationwide
Welcome to SOWN

We believe that shared ownership is the future of getting on the property ladder. And we're here to help you secure the right home for your needs - at your own pace.

Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared owner

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Disclaimer - Property reference SDO240255. 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 SOWN, Nationwide. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.

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