Homes By Muir - Somerby View, Grantham

Muir is delighted to present Somerby View, Grantham, Lincolnshire.

This development features 2 and 3 bedroomed homes available to purchase as shared ownership.

These homes have been developed by Bloor Homes. Each new-build home has been carefully designed to offer spacious, practical fitted kitchens, comfortable living spaces, well planned bedrooms and attractive exteriors. Every aspect of your new Muir home is carefully finished to the highest standard and the development is designed to compliment the surrounding market town of Grantham.

With a wide range of local amenities and excellent transport links from where trains run to London Kings Cross in just over an hour, Grantham provides an excellent environment, ideal for both growing families and professional commuters.

Full Market Value 2 Bedroom -£220,000

40 % share value £88,000

Monthly rent - £302.50

Full Market Value: 3 bedroom £255,000

40% Share Value: £102,000

Rent on unowned 40% share: £350.63

Service Charge £13.90

Council Tax: Council tax bands are often not released until the property is complete.

 Fully fitted kitchen with oven, hob and extractor fan

Outside taps (on plots with rear kitchen)

 Vinyl flooring to kitchen and bathroom

Twist pile carpets

Two parking spaces

 Downstairs cloakroom

 Double glazing and high performance insulation throughout

 Electrically wired smoke detectors

 Private turfed garden

 10 year new homes warranty

Eligibility

Have a combined household income under £80,000 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.

Information on 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. You could buy bigger shares when you can afford to do so which is referred to as 'staircasing' and the more shared you own, the less rent you pay. Muir Housing Group offer 'staircasing' to 100% ownership.