Plot 34 - The Meadows, Witham St Hughs

Plot 34: The Draycote 3-Bedroom Semi-Detached
Price Representative of 75% Share
Shares Available from 25% to 75%

The Draycote features a spacious lounge, kitchen, and dining room, along with a lobby and WC on the ground floor. Upstairs, it offers three well-sized bedrooms, a modern bathroom, and ample storage.

About Shared Ownership

With shared ownership, you'll purchase a share of your home which will be subject to your individual affordability. You'll then pay rent on the remaining share owned by Amplius - the housing association. This means you'll have lower monthly payments than you would with a traditional mortgage, making it a great option for first-time buyers or those needing to downsize.

But thats not all! If your affordability or circumstances change, you have the opportunity to purchase additional shares in the property, this is called staircasing. It is possible to staircase up to 100% share of the property when affordable for you to do so.

All properties on this development that are for sale with Kinetic New Homes Experts are available to purchase on a shared ownership basis only, with shares between 25% to 75%.

Example Share Breakdowns

Please find examples of share amounts available provided:
25% share - Purchase price £58,750 - Rental Amount Payable £445.36 per month
50% share - Purchase price £117,500 - Rental Amount Payable £310.72 per month
75% share - Purchase price £176,250 - Rental Amount Payable £176.09 per month
*rent charge inclusive of service charge and buildings insurance.

Full Property Value: £235,000

Measurements

Kitchen/Dining 3.02m x 4.69m -9'10" x 15'4"
Lounge 4.65m x 4.43m 15'3" x 14'6"
Bedroom 1 4.65m x 3.60m 15'3" x 11'9"
Bedroom 2 2.35m x 4.13m 7'8" x 13'6"
Bedroom 3 2.24m x 3.01m 7'4" x 9'10"

General (Internal and External Finishes)
Composite external doors
Contemporary external PIR lighting to the front and rear of all properties
Mains doorbell supplied and fitted
Smoke alarms fitted as standard
Bulkhead lighting to under stairs storage
Matt white emulsion decoration to ceilings and walls, with satin white paint to woodwork throughout
White satin interior doors with chrome ironmongery
TV points in lounge
BT phone points, wired for connection to landline, master point in lounge
Landscaping to the front of all properties and turf to the rear
Fully enclosed rear gardens with timber fencing
PV panels at selected plots
EV chargers

WC
All WCs will benefit from:
Contemporary two-piece white suite comprising wash basin and close-coupled
WC Chrome tap
Vinyl flooring

Bathrooms
All bathrooms will benefit from:
Contemporary three-piece white suite comprising bath, wash basin, and close-coupled

WC
Sleek shower screen
Chrome tap
Floor-to-ceiling tiling around the bath with tile splashback to wash basin and windowsill
Vinyl flooring

Kitchens
All kitchens will benefit from:
Sleek cabinet units with matching plinths, joins, and decorative panels
Laminate worktop with matching upstand
Single conventional oven, gas hob, and extractor
Contemporary splashback to all cookers
Stainless steel 1.5 bowl kitchen sink with mixer tap
Space for fridge freezer
Space for washing machine
Sockets sufficient for all appliances
Decorative chrome track spotlight fitting
Vinyl flooring

Local connection is preferred and prioritised, but not essential!

Shared Ownership Criteria

In order to submit an application for a shared ownership home, you'd need to consider the following criteria.

Do you have a local connection to Witham St Hughs and the surrounding area?
Do you currently not own a property, or own another property that is being sold?
Is your total combined household income within £80,000 per annum?

For further details on whether you would be eligible for one of these homes, please contact Kinetic New Homes Experts.

Location

For the exact location to the development please use the What3words code: //////severe.relishes.partied
Witham St Hughs is a modern village located between Lincoln and Newark, known for its family-friendly atmosphere and strong sense of community. It offers a range of amenities, including schools, parks, and shops, making it an ideal location for families and professionals alike. The village provides excellent transport links, with easy access to the A46, connecting residents to nearby cities and beyond.

Expected Completion June

Agents Notes
Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate and for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to re-check the measurements.

Please note that the developer may require a deposit to secure/reserve the property.

Computer Generated Images / Visualisations
Both internal and external computer-generated visualisation images (CGIs) are given as a guide only and cannot be relied upon for 100% accuracy. Buyers are advised that completed homes may differ slightly in appearance once built and so all images, sizes, design and plans are given for guidance purposes only. The developer reserves the right to make amendments to the design and specification throughout the build.