Bailey Road, Loughborough

2 bedroom property for sale

Shared ownership £138,000

Thoughtfully designed with a spacious living room, leading on to a modern kitchen/dining room benifitting from french doors opening onto the rear enclosed garden. First floor has 2 bedrooms and a bathroom fitted with a modern three-piece suite.

Longhurst Group are please to now offer a selection of two and three bedroom shared ownership homes on the Garendon Park development in Loughborough.

Garendon Park is a development of new homes situated just outside the town of Loughborough which has a good range of amenities nearby.
Loughborough is a busy market town with a vibrant history. It is the largest town in the county of Leicestershire.
The centre of Loughborough's shopping area is the pedestrianised Market Place and Market Street. The town provides plenty of open space, gardens, shopping and entertainment. The location is also ideal for exploring the cities of Nottingham, Leicester and Derby, as well as being close to a variety of tourist attractions such as the Peak District, Sherwood Forest and the National Space Centre.

Location
Garendon Park is situated just outside the historic town of Loughborough. With a large variety of amenities nearby, great leisure and entertainment facilities with well-connected links across the Midlands, Loughborough has an abundance to offer first time buyer and growing families alike.

Schools And Education
Along with the notable Loughborough University and Loughborough College the development also benefits from its own amenities including a new primary school, community hub, parks and play area. Along with a wide choice of schools for all ages in and around Loughborough, including several rated 'Outstanding' by Ofsted

Shared Ownership Eligibility
Longhurst Group is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can own your own home with a lower deposit than is required to buy outright or with other buying schemes.

In order to submit an application for a shared ownership home, you'd need to consider the following criteria.

Do you currently own another property that isn't being sold?
Is your total combined household income within £80,000 per annum?

Example Shares
100% Plot Value is £230,000

45% share value
Property value = from £103,500 and a monthly rent of £347.36*

55% share value
Property value = from £126,500 and a monthly rent of £294.65*

65% share value
Property value = from £149,500 and a monthly rent of £241.94*

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.

* Disclaimer
The brochure has been prepared from plans and computer generated image differences may apply.
Sizes may vary from plot plans.

* EPC Image is prediction ONLY.

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