Cottage Farm, Oadby, Leicester
About this home
Property Details: - Type: Semi-detached house - Bedrooms: 2 - Bathrooms: 1
Agent: Connells - Oadby Phone: 0116 448 4851
<br/><b>SUMMARY</b><br/>*PLOT 351 LAST REMAINING HOME* This two bedroom home at the popular Cottage Farm development is available to buy via Shared Ownership. Shares available from 40-75% with the option to staircase to 100% in the future.<br/><br/><br/><b>DESCRIPTION</b><br/>Cottage Farm is an exciting new collection of two & three bedroom homes available for sale via Shared Ownership in Oadby.<br/><br/>These homes are brought to the market by Zen Housing and built by Bloor Homes. Shares are available to purchase from 40-75% with the option to staircase to 100% in the future, <br/><br/>Two bedroom homes available: <br/><br/>Plot 351 - Anticipated build dates of October 2026 onwards. No viewings available and all reservations will be taken off plan. <br/><br/>This two bedroom home comprises a spacious lounge, storage cupboard and an open plan kitchen/ dining area to the ground floor with a downstairs W.C. To the first floor is a master bedroom and storage space, with a further second bedroom. The family bathroom further benefits from storage space. These homes offer a turfed rear garden with two car parking spaces. Each home is integrated with a Utopi smart device, which enables you to get insights from real-time wellbeing and energy consumption data, then take action to improve your living environment and reduce your carbon footprint.<br/><br/>Price example: <br/><br/>Full market value - £280,000<br/>40% share price - £112,000<br/>Rent per month based on a 40% share - £385<br/>Service/ estate charge per month - £62.19 (estimate and TBC, please consult with the sales team)<br/>Minimum deposit required - £5600<br/>Lease term - 990 years<br/>Ground rent - no ground rent payable <br/> <br/><br/>Call our shared ownership team today to discuss further,<br/><br/><b>Location</b> <br/>Located on the outskirts of Leicester and just 5 miles from the centre, living at Cottage Farm you can enjoy the benefits of a charming town, excellent transport links and good local amenities right on your doorstep. <br/><br/>Oadby is famed for being the home of Leicester Racecourse and is a thriving town offering a wealth of shops, including convenience stores, Sainsbury’s and an M&S Foodhall for your weekly shop - all less than a ten-minute drive away. The Parade is home to well-known shopping names, alongside banks, a post office, dentist, doctors’ surgeries and much more. Oadby also offers a wonderful choice of places to eat including restaurants, takeaways, pubs and cafés.<br/><br/><b>Shared Ownership</b> <br/>Shared Ownership is a government scheme that offers you the chance to buy a share of a property from a housing association, a non-profit-making body that provides homes.<br/><br/>Because you only own a part of the property, you can buy it with a smaller deposit and mortgage. A smaller mortgage means smaller repayments but you’ll also need to pay:<br/><br/>-Rent on the share of the property you do not yet own<br/>-Monthly service charges<br/><br/>To be eligible for Shared Ownership you need to:<br/><br/>-Be a first-time buyer, an existing shared ownership homeowner, or a former homeowner who can't afford to buy now<br/>-Be over 18 years old<br/>-Have an annual household income of less than £80,000 (£90,000 in London).<br/><br/><b>Agents Notes </b> <br/>Please note the photos shown within this listing are used for indicative purposes only and therefore may vary from the final product.<br/><br/><br/>We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.<br/><br/><br/><br/>1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.