Lantern Lane, LE12
![Platform Housing Group, Solihull](https://media.rightmove.co.uk/company/clogo_38147_0001.jpeg)
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Gas Central Heating
- 2 double bedrooms
- Downstairs WC
- Kitchen/Dining room
- 10 Year NHBC Warranty
- 2 allocated parking spaces per plot
- enclosed rear garden
Description
Our Kestrel Fields development is ideally situated in East Leake a bustling Village located in the District of Nottingham but it's closest town is Loughborough, Leicestershire. There are a range of local primary and secondary schools, great transport links with local bus routes, road links to the A60, A6006 and within 5 Minutes of the M1. The properties will benefit from a 10 year NHBC warranty.
The Property
This 2 bedroom House briefly comprises of an Entrance Hall leading to Living Room, with the kitchen dining room to the rear. Downstairs benefits from a downstairs WC and storage. There are two double bedrooms with a family size bathroom with shower over bath. Additional benefits include allocated parking for two vehicles and an enclosed rear garden.
These properties are due for build completion in April 2023- July 2023, we're therefore currently unable to offer viewings and will be accepting reservations off-plan.
Prices
Plots remaining 30 & 36
75% share- £176,250
Deposit of £8,813
Monthly rent £134.64
50% share- £117,500
Deposit of £5,875
Monthly rent- £269.27
35% share- £82,250
Deposit of- £4,113
Monthly rent- £350.05
Other shares can be purchased subject to an affordability assessment.
Examples of deposit rates are based on our minimum required deposit rate of 5%. However please seek financial advice to confirm what deposit rate is available to you.
Homes England Key Information Document - please refer to our website to read through our key information document for this property. This will include pricing details, eligibility and some lease information.
NEXT STEPS:
1. For further information, please download our brochure below.
2. TO APPLY NOW, please make an enquiry to contact Platform Home Ownership, the relevant sales consultant will then send you an application form to complete.
3. Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
4. Once you have passed the affordability assessment, we will then be in contact to confirm the availability.
5. If there is a suitable property we will then issue out your offer letter and advice on how to pay your £250.00 reservation fee for your new home.
Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time, you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay, as the share of the home that you do not own will have got smaller.
We will offer shares between 25-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market also the combined cost of mortgage and rent is often cheaper than privately renting in the area.
Am I eligible?
Shared Ownership uses the following criteria to help people to get onto the property ladder:
- Maximum annual household income of £80,000.
- Unable to purchase a home suitable for your needs.
*Please note some images are typical and should be used as a guide only
Brochures
Brochure 1Brochure 2- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Driveway
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Lantern Lane, LE12
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Loughborough Station4.2 miles
- East Midlands Parkway Station4.5 miles
- NET Tram Park and Ride Tram Stop4.3 miles
About the agent
Platform Home Ownership is part of Platform Housing Group.
At Platform Home Ownership, we have helped thousands of people to realise their dream of buying their own home over the 30+ years that we have been operating.
We offer an affordable route to homeownership, with properties available for outright sale, shared ownership and rent to buy
Across Platform, we have a commitment to make a real positive difference to lives of our customers and the communities they live in.
Notes
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Visit our security centre to find out moreDisclaimer - Property reference LanternLane_EastLeake_2b_35pc. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Platform Housing Group, Solihull. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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