Property Details: - Type: Semi-detached house - Bedrooms: 3 - Bathrooms: 1
Agent: Hortons - Leicester Phone: 0116 448 1963
<p>Situated within the highly sought-after village of Scraptoft, this well-presented three-bedroom semi-detached home is offered for sale on a <strong>50% shared ownership basis</strong>, presenting an excellent opportunity for first-time buyers and those looking to step onto the property ladder in a desirable location.</p><p>The accommodation is well designed for modern living, beginning with an inviting entrance hall leading through to a comfortable living room. To the rear of the property is a spacious kitchen/dining room, providing plenty of room for everyday family life as well as entertaining, with direct access to the garden. A convenient downstairs WC completes the ground floor.</p><p>Upstairs, there are three well-proportioned bedrooms served by a family bathroom, making the property equally suited to couples, young families or those working from home.</p><p>Outside, the rear garden has been fully patioed to create an attractive, low-maintenance outdoor space that can be enjoyed throughout the year. A substantial garden shed is available by separate negotiation. To the front, the property benefits from a tandem driveway providing off-road parking for two vehicles.</p><p>Located on Spencer Clark Road, the property enjoys easy access to local amenities, well-regarded schools, beautiful countryside walks and excellent transport links into Leicester and the surrounding villages.</p><p>Available to purchase on a 50% shared ownership basis, this home offers an affordable route into home ownership, with the opportunity to purchase additional shares in the future, up to 100%, subject to Midland Heart's shared ownership scheme and eligibility criteria.</p>Finer Details<ul><li><p>Three-bedroom semi-detached home</p></li><li><p>50% shared ownership</p></li><li><p>Leasehold</p></li><li><p>Shared ownership provider: Midland Heart</p></li><li><p>Living room</p></li><li><p>Kitchen/dining room</p></li><li><p>Downstairs WC</p></li><li><p>Family bathroom</p></li><li><p>Fully patioed, low-maintenance rear garden</p></li><li><p>Large garden shed available by separate negotiation</p></li><li><p>Tandem driveway providing off-road parking for two vehicles</p></li></ul>Shared Ownership Information<p>The total monthly payment is <strong>£344.57</strong>, which includes:</p><ul><li><p>Rent payable on the remaining 50% share</p></li><li><p>Management charge</p></li><li><p>Buildings insurance</p></li><li><p>Service charge</p></li><li><p>Administration fee</p></li></ul><p>Please note that the service charge is reviewed annually.</p><p>The purchaser must be approved by <strong>Midland Heart</strong> before the sale can proceed. Approval is based on affordability and applicants must satisfy the shared ownership eligibility criteria.</p><p>To be eligible, purchasers must:</p><ul><li><p>Purchase the property as their main residence (not as an investment or second home).</p></li><li><p>Meet Midland Heart's affordability requirements.</p></li><li><p>Have a minimum 5% deposit if buying with a mortgage.</p></li></ul><p>Priority will be given to first-time buyers, Housing Association tenants and Council tenants, although applicants who have already agreed the sale of their own property (subject to contract) will also be considered.</p><p>There is also the opportunity to purchase additional shares in the property in the future, up to 100%, subject to Midland Heart's criteria at the time.</p>
