£78,750
2 bedroom Semi Detached House for sale, Humberston, Lincolnshire, DN36
Alder Avenue
- Shared Ownership New Build The Lily House Type
- Integrated fridge freezer gas hob and electric oven
- 2 Bedroom Home
- Full Market Value £175,000
- 45% share advertised
- % share available is subject to criteria & eligibility
- Total Rent PCM including all charges £286.25
- Parking
- Kitchen Diner
- Downstairs Cloaks W/C
The pin shows the exact address of the property
The "Lily" is a beautiful 2 bedroom property, to the ground floor the home has a Lounge to the front Kitchen diner to the rear with french door out onto the garden and a downstairs cloaks WC
The first floor has 2 bedrooms and a family bathroom.
Outside the home has a turfed rear garden and driveway parking.
Humberston Meadows is a charming development consisting of 2, 3 and 4 Bedroomed Homes located in the village town of Humberston.
The Lily Plots 119 & 120 available.
About Shared Ownership -
On the popular shared ownership scheme you are able to purchase a share of the house and then pay the housing Association (Longhurst Group) rent on the remaining share which has not been purchased. There is then the option to purchase further shares until you own 100% in the future, this is a process called staircasing.
To qualify for Shared Ownership, you must meet the following criteria:
- Your annual gross household income is less than £80,000.
- Unable to purchase a suitable property for your housing needs on the open market.
If your application is successful a reservation fee of £250 is required securing the property to the accepted applicant for a period of 8 weeks.
Shared Breakdown
Please find examples of share amounts available provided shares are available subject to criteria and eligibility from 40% - 75%
*** 40%- purchase price £90,000 - rental amount payable including all charges £286.25
***50% - purchase price £112,500 - rental amount payable including all charges £246.14
***60% - purchase price £135,000 rental amount payable including all charges £206.04
***70% - purchase price £157,500 - rental amount payable including all charges £165.93
***Full property value is - £175,000
Total prices include rent, buildings insurance, service charge and management charge.
This payment will need to be paid in addition to monthly mortgage payments where applicable.
Charges are reviewed annually every April.
- Photographs
Please note - These photos are CGI images and are for general guidance only.
COUNCIL TAX
This property is a new build and is currently incomplete meaning the council Tax Banding has not yet been allocated.
EPC
This property is a new build and is currently under construction meaning no EPC rating can be given at this current time.
| Room | Measurements |
|---|---|
| Entrance Hall | |
| Cloaks WC | |
| Kitchen Diner | 4.32m x 2.54m |
| Lounge | 4.32m x 3.9m |
| First Floor Landing | |
| Bedroom 1 | 4.32m x 2.82m |
| Bedroom 2 | 4.32m x 2.95m |
| Family Bathroom WC | |
| Outside | |
| Rear Gardens | |
| 2 Parking Spaces |
Find out how much Stamp Duty you might pay.
