House For Sale £90,000
*THE SALES SUITE IS NOW OPEN FOR VIEWINGS 3.00PM UNTIL 7.00PM ON MONDAYS, THURSDAYS, FRIDAYS AND 10.00AM UNTIL 4.00PM ON SATURDAYS.*
The Apollo - 3-Bedroom Semi-Detached Home
Price Representative of 45% Share
This spacious 3-bedroom semi-detached property boasts ample parking with 2 allocated, off-street parking spaces. Buyers can enjoy a large family home with a private enclosed rear garden. The ground floor benefits from a spacious hallway with WC and a contemporary open-plan living/dining area. The separate kitchen boasts modern fixtures and fittings as well as an integrated hob, oven and extractor. Upstairs, all three bedrooms are an excellent size with two being large doubles and there is a modern family bathroom with a shower over the bath.
About Shared Ownership
Shared ownership offers an excellent opportunity for buyers to get a foothold on the property ladder without having to take out a mortgage for the full purchase price! 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! As you build equity in your home, you can increase your ownership over time, eventually owning 100% of the property.
All properties on this development that are for sale with The New Homes Agent are available to purchase on a shared ownership basis only, with shares between 45% and 75% being made available.
Example Share Breakdowns
Please find examples of share amounts available provided:
45% share - Purchase price £90,000 - Rental Amount Payable £287.57 per month
60% share - Purchase price £120,000 - Rental Amount Payable £218.82 per month
75% share - Purchase price £150,000 - Rental Amount Payable £150.07 per month
Shares are available at 45%, 50%, 55%, 60%, 65%, 70% and 75%. If you cannot afford a 45% share, please contact us to see if there could be a tailor-made option available for you.
Full Property Value: £200,000
The total monthly rental amount includes rent, building insurance, a third-party management charge and an estate management charge.
Other Plots Available in this House Type (The Apollo)
Plot 60 - Prices from 45% share (£90,000) up to 75% share (£150,000)
Plot 61 - Prices from 45% share (£90,000) up to 75% share (£150,000)
Shared Ownership Criteria
In order to submit an application for a shared ownership home, you'd need to consider the following criteria.
Do you currently own another property that isn't being sold?
Is your total combined household income within £80,000 per annum?
Please contact The New Homes Agent for further details on whether you would be eligible for one of these homes. Please note, some shared ownership homes have a local area connection requirement.
Location
For the exact location please use the What3words code: ///arrival.cosmetic.iterative ().
Witham St Hughs is a village located in the North Kesteven district of Lincolnshire. It offers a range of amenities, including a primary school, a convenience store, a bustling gastro-pub, a community centre, and a playing field with a children's play area. The village also has a regular bus service connecting it to the nearby city of Lincoln and other surrounding areas. Witham St Hughs is a great place to live due to its close proximity to Lincoln, which offers a wider range of amenities, including shops, restaurants, and entertainment venues. The village itself has a strong sense of community, with various events and activities taking place throughout the year, such as the annual summer fete and Christmas lights switch-on. The development is surrounded by beautiful countryside, providing residents with plenty of opportunities for outdoor activities
