Pavillion Gardens, Lincoln, LN6

The Property
# 25% Shared Ownership # OPEN HOUSE SUNDAY 14TH JUNE 2PM - 7PM - Please pre book online.

An excellent opportunity to secure a well-presented three-bedroom home within the popular Pavilion Gardens development, offering spacious accommodation, off-street parking and a convenient position close to a wide range of local amenities.

Designed for modern living, the property features a welcoming entrance hall, fitted kitchen and a generous lounge/dining room spanning the rear of the home. French doors open directly onto the enclosed garden, creating an ideal space for both everyday living and entertaining.

To the first floor are three well-proportioned bedrooms, including two doubles and a versatile third bedroom that could equally serve as a nursery, dressing room or home office. A family bathroom fitted with a three-piece suite completes the accommodation.

Outside, the property benefits from parking for two vehicles, whilst the enclosed rear garden provides a private outdoor space with lawn and patio areas.

Shared ownership offers an affordable and flexible route into home ownership, and opportunities to purchase a three-bedroom property in such a convenient location are rarely available. The property is likely to appeal to a wide range of buyers seeking well-balanced accommodation, private outdoor space and excellent access to local amenities.

Location

Pavilion Gardens enjoys a convenient position between Lincoln and North Hykeham, providing easy access to a wide range of everyday amenities. Nearby facilities include supermarkets, independent shops, primary and secondary schooling, leisure facilities and regular public transport links into Lincoln city centre.

The Forum shopping complex is also within easy reach, whilst Lincoln itself offers an extensive range of shopping, dining and leisure facilities, together with its historic Cathedral Quarter, university and railway station.

Arrange your viewing on the Purplebricks website or via the Purplebricks App.

Shared Ownership
Rent - £388.57

Service Charge - £40.19

Insurance - £15.76

Management Fee- £11.03

Total Monthly Costs - £455.55


Affordability and Eligibility Assessment Details

Only one potential purchaser can be assessed at any one time.

Please see below steps:

Step 1
Upon offer acceptance by the vendor, the estate agent must issue the application form to the
potential purchaser and return to Savills when completed.

Step 2
Savills will instruct a third party financial advisor, who will contact the purchaser directly and
complete the required assessment.

Step 3
The advisor will notify Savills of the outcome of the assessment. Savills will then confirm this
to both the estate agent and request a Memorandum of Sale.

The purchaser should ensure they have copies of the following documents in readiness for
the assessment:
• Confirmation of Income e.g. payslips, self-assessment reports, benefit statement etc.
• Income and Expenditure form (completed with the purchaser’s financial/mortgage
advisor)
o Where the purchaser does not have an advisor, the third party can assist.
• Credit Report (Experian, Equifax, ClearScore).

In some cases, the advisor may request further documentation if required

*These are separate to Purplebricks own compliance checks which will also need to be carried out


Property ownership information

Tenure: Shared ownership

Percentage share owned: 25%

Additional monthly rent: £388.57

Ground rent review period: No review period

Service charge review period: Every 1 year

Lease end date: 12/09/2111

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required.