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£95,000

Swan Grange, LN6

  • 2 beds
Semi-detached house

£95,000

  • 2 beds
Semi-detached house
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Estimate monthly mortgage payment:

£434 per month

Minimum deposit amount:

£4,750
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Plot 154: The Claudius 2-Bedroom Semi-Detached
Price Representative of 50% Share
Shares Available from 25% to 75%

Built by Countrywide Homes and located in the sought after village of Witham St Hughs, this 2-bedroom semi-detached home has a driveway with ample parking for 2 cars. Buyers can enjoy a modern family home and rear garden. The ground floor benefits from a modern kitchen and a living/dining room with patio doors leading through to the back garden. There is also a downstairs WC. The kitchen boasts modern fixtures and fittings as well as an integrated hob, oven and extractor. Upstairs includes two double bedrooms and there is a modern family bathroom with shower over bath.

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 Longhurst Group - 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 that's 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 ?47,500 - Rental Amount Payable ?361.09 per month
60% share - Purchase price ?114,000 - Rental Amount Payable ?208.70 per month
75% share - Purchase price ?142,500 - Rental Amount Payable ?143.38 per month


Full Property Value: ?190,000

Total rent includes rent, building insurance, third party management charge and management charge.


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.


Parking - Driveway


Kitchen 2.22m (7' 3') x 3.18m (10' 5')
Living/Dining 4.25m (13' 11') x 3.75m (12' 4')
Bedroom 1 4.38m (14' 4') x 4.25m (13' 11')
Bathroom
Family bathroom

Bedroom 2 4.25m (13' 11') x 3.78m (12' 5')
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 (CGI's) 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.

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Mortgage and legal costs:
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