1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (990 years remaining)
- Great range of nearby amenities
- Excellent transport connections
- Electric single oven, gas hob and cooker hood
- One parking bay to apartments and maisonettes
- NHBC 12-year build warranty
New Phase of one bedroom apartments now available!
The best of both worlds
A beautiful collection of 1 & 2 bedroom apartments & houses available with Shared Ownership. Located in Hinckley, Leicestershire, this new community offers the perfect place to put down roots and get on the property ladder.
Plot 214 is a 48 square metre, one bedroom, ground floor apartment with 1 parking bay at Wykin Meadow, Hinckley, Leicestershire, available to purchase through Shared Ownership.
Available to purchase from a 40% share.
Financial Breakdown:
- Full Market Value: £130,000
- 40% Share Value: £52,000
- 5% deposit of 40%: £2,600
- Rent on unowned share: £179 per month
- Service Charge: £121.59 per month
- Council Tax: TBC*
Your new home at Wykin Meadow has been built around your lifestyle including modern, open plan living areas that are full of natural light. Kitchens are streamlined and well equipped, with integrated appliances and ample workspace to show off your culinary skills. Finished to a high specification, every home has space for a home office helping you strike the perfect work life balance.
Benefitting from a superb range of nearby amenities, including local pubs, schools, restaurants and sports clubs, you can enjoy a village location on the outskirts of the town and the accessibility of the cities of Coventry, Leicester and Birmingham
Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit.
The next phase of Homes at Wykin Meadow will be ready to move into from Summer 2024.
LOCAL AREA
Situated at the very heart of England on the border of the East and West Midlands, the historic town of Hinckley is in the southwest corner of Leicestershire, serving people, communities and businesses in the area.
Long famous for its 700-year-old national award winning market and annual 'Tin Hat' Fun Fair, Hinckley town centre is the borough's main shopping, administrative, commercial and entertainment centre and has recently undergone a major transformation. The borough has excellent cultural and leisure facilities to suit everyone.
A state of the art new leisure centre has opened in the heart of the town centre including numerous Green Flag award winning local parks and fantastic conservation areas, heritage sties and countryside walks across the borough.
There is no shortage of good primary and secondary schools, both public and private. In terms of GCSE performance, the percentage of pupils achieving Grade 5 or above (A* to C grades) in English and Mathematics is 5% above the national average for all schools in England.
As well as a thriving town centre and events programme including St Georges Day, Feast Hinckley, Town Centre Run, Christmas Lights Switch on and The Soap Box Derby, there is a wide range of national high street chains, lots of great independent shops and terrific family entertainment on offer, with well established variety of restaurants and a cinema.
Hinckley has excellent transport connections and is ideally located for commuting to major transport links to the cities of Leicester, Coventry and Birmingham being close to the M1, M6, M69, M42 and the A5 and Birmingham and East Midlands international airports.
For more information, please register and our Sales Consultant will be delighted in helping you find your new home.
WHAT IS SHARED OWNERSHIP?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
ELIGIBILITY
To be eligible for a home at Wykin Meadow, you'll need to:
- Have a combined household income under £60,000 per annum
- Not already own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
- Applicants with a live/work connection to the local area will be prioritised
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
*Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
CGI images do not depict the actual development but represents a similar style to the specification at Wykin Meadow.
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