PLOT 3 - OUR VISITOR CENTRE, IS NOW AVAILABLE TO PURCHASE, WITH LVT FLOORING, CARPETS THROUGHOUT AND ALARM SYSTEM.

The Hadrian - 2-Bedroom Semi-Detached Home - Reservation Fee £99 and £1,000.00 Incentive towards moving costs!

Price Representative of 25% Share

This spacious 2-bedroom semi-detached property boasts ample parking with 2 allocated, off-street parking spaces. Buyers can enjoy a family home with a private enclosed rear garden. The ground floor benefits from a spacious hallway with WC and a contemporary open-plan kitchen/dining area and separate living room with a bay window. The kitchen boasts modern fixtures and fittings as well as an integrated hob, oven and extractor. Upstairs, both bedrooms are a good size with two being large doubles and there is a modern family bathroom with shower over 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 an excellent 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 25% and 75% being made available.

Example Share Breakdowns

Please find examples of share amounts available provided:

25% share - Purchase price £43,750.00 - Rental Amount Payable £339.23 per month
45% share - Purchase price £78,750 - Rental Amount Payable £259.02 per month
60% share - Purchase price £105,000 - Rental Amount Payable £198.87 per month
75% share - Purchase price £131,250 - Rental Amount Payable £138.71 per month

Shares are available at 25%, 30%, 35%, 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: £175,000.

The total monthly rental payment includes rent, building insurance, a third-party management charge and the estate 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 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 CO-OP 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.