Asking price

£90,000

3 bedroom Semi Detached House for sale, Humberston, Lincolnshire, DN36

Hedges Drive

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Property ref: NHO220397

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Tenure: Leasehold
Maintenance charges (per annum): £355.00
  • New Home
  • Shared Ownership
  • Full Market Value £225,000
  • 40% share advertised
  • % share available is subject to criteria and eligibility
  • Total rent and service charge on remaining share £355.00
  • Show Home Now Available to View by Appointment Only
  • The Clover House Type
  • Driveway parking
  • Separate Utility Room
  • En suite to Bedroom 1
FloorplanFloorplanFloorplan
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Humberston Meadows is a charming development consisting of 2, 3 and 4 Bedroomed Homes located in the village town of Humberston.



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 £355.00



***50% - purchase price £112,500 - rental amount payable including all charges £303.43



***60% - purchase price £135,000 rental amount payable including all charges £251.87



***70% - purchase price £157,500 - rental amount payable including all charges 200.31



***Full property value is - £225,000



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
Utility Room
Kitchen Diner5.36m x 3.1m
Lounge5.38m x 2.8m
First Floor Landing
Bedroom 15.38m x 3.1m
En-Suite
Bedroom 23.18m x 2.8m
Bedroom 32.8m x 2.06m
Family Bathroom
Outside
Rear Garden
Driveway

Find out how much Stamp Duty you might pay.

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You pay from 1st October 2021

This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 1st October 2021.