This property is no longer on the market
2 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
- VIDEO VIEWING AVAILABLE
- Shared Ownership
- 25-75% Ownership Option
- Advertised Price Is For 75% Share
- Brand New Home
- Fantastic Modern Development In Horncastle
- 2 Bedrooms
- Modern Fittings Throughout
- An Excellent Opportunity
The current asking price is for 75% shared ownership with a rent payable to Lincolnshire Housing Partnership for the remainder. A number of purchase options are available - a buyer could acquire 25% for £40,000 or a 50% share for £80,000. Again there will be rent paid to Lincolnshire Housing Partnership for the residue. Once purchased the buyer has the opportunity to staircase to 100% freehold ownership when circumstances allow.
This is an excellent opportunity to take that first step onto the property ladder. The property comprises living room, kitchen with modern units, w.c., two bedrooms and bathroom with superb white three piece bathroom suite.
uPVC double glazing and gas central heating system.
Gardens to rear and driveway to front.
AN EXCELLENT FIRST TIME PURCHASE.
Rooms
Ground Floor
Living Room 4.84m x 3.82m
With stairs to first floor accommodation. Double glazed composite front door. Radiator and uPVC double glazed window unit.
Kitchen
3.84m maximum x 3.68m maximum - Fitted with a good selection of wall and base units incorporating a sink unit with drainer and mixer tap and having integrated electric oven, gas hob and extractor canopy. Plumbing for washing machine. "Ideal" gas central heating combination boiler. Radiator. uPVC double glazed window unit and uPVC double glazed entrance door.
W.C.
Fitted with a low-flush w.c. and a pedestal basin. Radiator and extractor.
First Floor
Landing
With radiator.
Bedroom 1 3.84m x 2.68m
With radiator and uPVC double glazed window unit.
Bedroom 2 3.83m x 3.67m
With radiator and uPVC double glazed window unit.
Bathroom
Partially tiled and fitted with an attractive white three piece bathroom suite comprising panelled bath with mixer tap and shower attachment, pedestal basin and low-flush w.c. Extractor. Shaver point. Radiator.
Gardens
The property has block paved driveway to the front and an enclosed lawned garden to the rear.
Ownership
This property is available on a part ownership scheme through Lincolnshire Housing Partnership. The current asking price reflects a 75% purchase with a monthly rental payment to Lincolnshire Housing Partnership of £91.66. There is also an option to purchase a 50% share for £80,000 with a monthly rental payment of £183.33.
There is an option purchase a 25% share for £40,000 with a monthly rental payment of £275.
If purchased on a shared ownership the property will be subject to a new lease on completion.
Once a purchaser has acquired a share ownership they have the opportunity to increase their share at any point. Once the property is 100% owned then the property will be freehold.
Council Tax Band B
This information was obtained on the 7th June 2023 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership.
All interested parties are advised to make their own enquiries. See
Sources Of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
Property information from this agent
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Property reference GRS230433. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Jackson Green & Preston - Grimsby.
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Broadband availability and predicted speed: obtained from Ofcom on January 14, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on May 13, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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