Tarff Street, New Lubbesthorpe, LE19
- PROPERTY TYPE
Town House
- BEDROOMS
3
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Shared Ownership
- Three Storey Living
- Three Bedrooms
- Kitchen
- Dining Room
- First Floor Lounge
- Ground Floor WC
- Off Road Parking
- Rear Garden
- Price based on 40% Shared Ownership Leasehold Interest
Description
Three Storey, 3 bedroom mid town house, The Bourne
Plot 132 - 9 Tarff Street, New Lubbesthorpe, Leicestershire LE19 4DT
FULL MARKET VALUE £349,950. This property are being offered for sale via the Shared Ownership Scheme.
The share purchase price is calculated using the full market value and the percentage share purchased.
If you buy a 40% share, the share purchase price will be £139,980.00 and the rent will be £481.18 per calendar month.
If you buy a larger share, you'll pay less rent. The table below shows further examples.
Share: 25% / Share Purchase Price: £87,487.50 / Monthly Rent: £601.48
Share: 30% / Share Purchase Price: £104,985.00 / Monthly Rent: £561.38
Share: 40% / Share Purchase Price: £139,980.00 / Monthly Rent: £481.18
Share: 50% / Share Purchase Price: £174,975.00 / Monthly Rent: £400.98
Share: 60% / Share Purchase Price: £209,970.00 / Monthly Rent: £320.79
Share: 70% / Share Purchase Price: £244,965.00 / Monthly Rent: £240.59
Share: 75% / Share Purchase Price: £262,462.50 / Monthly Rent: £200.49
The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial assessment.
Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord
In addition to the rent above, there is an additional monthly payment to the landlord which includes a service charge and building insurance payment equating to £14.86
Eligibility
To assess your eligibility, you'll need to complete an online application form
You can apply to buy the home if both of the following apply:
• your household income is £80,000.00 or less
• you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
• you're a first-time buyer
• you used to own a home but cannot afford to buy one now
• you're forming a new household - for example, after a relationship breakdown
• you're an existing shared owner, and you want to move
• you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payment
Entrance Hall
providing access to the dining room and stairs to first floor
Dining Room
3.946m x 2.768m (12' 11" x 9' 1") 3.946m x 2.768m (12' 11" x 9' 1") providing access to the ground floor WC and kitchen
Ground Floor WC
Fitted with low level WC and wash hand basin
Kitchen
2.899m x 3.792m (9' 6" x 12' 5") fitted with a range of wall and base units, fitted oven, hob and cooker hood
First Floor Landing
giving access to the lounge, bedroom 3. Also having storage cupboard and stairs to second floor
Lounge
3.514m x 3.824m (11' 6" x 12' 7")
Bedroom 3
3.703m x 1.832m (12' 2" x 6' 0")
Bedroom 1
3.584m x 3.815m (11' 9" x 12' 6") with over-stair store
Bedroom 2
3.536m x 3.806m (11' 7" x 12' 6")
Bathroom
fitted with low level WC, wash hand basin, bath with shower over and screen, ceramic tiled floor
External
A driveway provides off road parking. The property also benefits from a turfed rear garden
Additional Information
The property benefits from UPVC sealed unit double glazed windows, gas fired central heating to radiators
Our client has confirmed the property is traditional brick built, service by mains gas, electric and water. Broadband services - new build, connection ready for suppliers. In addition our client has advised no known flooding in the past 5 years.
David Robinson Estate Agents Ltd act as a referral agent for the Registered Social Housing provider. Your referral is not a guarantee that you will be successful for a property. The provider requires you to undergo a financial qualification prior to viewing.
Reservation Fee
There is a £500.00 reservation fee applicable.
You’ll need to pay a reservation fee to secure your home. When you pay the fee, no one else will be able to reserve the home.
The reservation fee secures the home for 56 days. If you buy the home, the fee will be taken off the final amount you pay on completion. If you do not buy the home, the fee is not refundable
LEASE DETAILS
Tenure: LEASEHOLD
Lease type: Shared Ownership House Lease
Lease term: 125 Years
Maximum share you can own: You can buy up to 100% of your home.
Transfer of Freehold: At 100% ownership, the freehold will transfer to you.
Please note; The Local Authority, Blaby District Council, have yet to value and band this property
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.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- 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
Tarff Street, New Lubbesthorpe, LE19
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Narborough Station3.0 miles
- South Wigston Station4.0 miles
- Leicester Station4.0 miles
About the agent
David Robinson Estate Agents, Broughton Astley
77 Main Street, Broughton Astley, Leicester, LE9 6RE
At David Robinson Estates, we know it's more than just bricks and mortar you are buying, selling or renting.
It's a dream, somewhere to settle, somewhere you were raised or somewhere to perhaps raise a family of your own.
Our team strive to combine decades of local knowledge and property experience with a personal touch, to help you move with the least stress possible. Advice you can trust and experienvce you can count on. we are local people looking after local people.</
Industry affiliations
Notes
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