Vulcan Drive, Market Deeping, PE6

AVAILABLE TO RESERVE – SHARED OWNERSHIP ***

Three-bedroom detached house in Market Deeping, ideal for first-time buyers. Comprising lounge, kitchen/dining room, cloakroom, utility area, three bedrooms, and family bathroom.

Benefits include private rear garden and driveway with parking for two vehicles. Well located for local amenities, schools, and transport links.

PLOT 503 & 504 - THE BIRCH

The ground floor welcomes you with an entrance hall leading through to a separate living room, providing a comfortable space to relax and unwind. To the rear, the kitchen/dining room offers a practical and sociable area for everyday family life, with double doors providing access to the outside. A separate utility room adds valuable practicality, while a convenient downstairs WC completes the ground-floor accommodation.

PLOT 503 & 504 - THE BIRCH

Upstairs, the property features three bedrooms, including a generous principal bedroom measuring approximately 3.33m x 4.28m, complete with its own en-suite shower room. Bedrooms two and three offer flexibility for children, guests or those working from home, with a modern family bathroom serving the remaining bedrooms. A useful storage cupboard on the landing provides additional space for household essentials.

Externally, the property benefits from its detached position, offering an appealing choice for buyers seeking a modern home with well-planned living space and the convenience of a separate utility room and two bathrooms.

Monthly Rental Figures

Please see below example share value's and monthly rent including charges

10% £34,500 £761.34

25% £86,250 £642.75

45% £155,250 £484.62

75% £258,750 £247.44

Monthly Charges

Monthly Charges are broken down to the following

Management Company Charges £13.72
Homeownership Management Fee £25.95
Property Insurance £10.11

All charges are reviewed annually inline with your agreement

Pets

There is a fee payable to the housing association for consent to keep a pet in your home - this is charged at £25+VAT.
Please speak the office for further guidance on this.

Council Tax

This property is a new build and is currently incomplete meaning the council Tax Banding has not yet been allocated.

EPC

This property is a new build and is currently under construction meaning no EPC rating can be given at this current time.

Shared Ownership Critera

On the popular shared ownership scheme you are able to purchase a share of the house and then pay the housing Association (Amplius) rent on the remaining share which has not been purchased. There is then the option to purchase further shares until you own 100% in the future, this is a process called staircasing.

To qualify for Shared Ownership, you must meet the following criteria:
- Your annual gross household income is less than £80,000
- Unable to purchase a suitable property for your housing needs on the open market.

If your application is successful a reservation fee of £250 is required securing the property to the accepted applicant for a period of 8 weeks.

Within this timeframe all accepted applicants are required to be in a position to, and where possible, exchange on the property.

Belvoir Disclaimer

Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate. These Particulars do not constitute a contract or part of a contract