Merlin's Point

Witham St Hughs, Lincoln

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Developer

Development

Merlin's Point, Fuchsia Way, Witham St Hughs, Lincoln, LN6 9GQ

Contact Agent

Lincoln
C3 The Point
Weaver Road
Lincoln
LN6 3QN

Tel: 01522 440445

enquiries@tnha.co.uk

Agents Note

Whilst every care has been taken to prepare these sales particulars, they are for guidance purposes only. All measurements are approximate and for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements.

About The Development

These spacious 3-bedroom semi-detached homes boast ample parking with 2 allocated, off street parking spaces. Buyers can enjoy large family homes and non-overlooked rear gardens. The ground floors benefit from spacious hallways with WC and contemporary open-plan kitchen/dining/living area. The kitchens boast modern fixtures and fittings as well as integrated hob, oven and extractor. Upstairs, all three bedrooms are a good size with two being doubles with fitted storage and there are modern family bathrooms with shower over bath.

About Shared Ownership

With shared ownership, you’ll purchase a share of your home which will be subject to your individual affordability. You’ll then pay rent on the remaining share owned by Longhurst Group – the housing association. This means you’ll have lower monthly payments than you would with a traditional mortgage, making it a great option for first-time buyers or those needing to downsize.

But that’s not all! As you build equity in your home, you can increase your ownership over time, eventually owning 100% of the property.

All properties on this development that are for sale with The New Homes Agent are available to purchase on a shared ownership basis only, with shares between 45% and 75% being made available.

Example Share Breakdowns

Please find examples of share amounts available provided:
45% share – Purchase price £92,250 – Rental Amount Payable £306.63 per month
60% share – Purchase price £123,000 – Rental Amount Payable £263.16 per month
75% share – Purchase price £153,750 – Rental Amount Payable £165.69 per month

Full Property Value: £205,000

Total rent includes rent, building insurance, third party management charge and management charge.

Shared Ownership Criteria

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

Do you have a local connection to Witham St Hughs and the surrounding area?
Do you currently own another property that isn’t being sold?
Is your total combined household income within £80,000 per annum?

For further details on whether you would be eligible for one of these homes, please contact The New Homes Agent.

Location

For the exact location please use the What3words code: ///arrival.cosmetic.iterative
https://what3words.com/arrival.cosmetic.iterative

Witham St Hughs is a village located in the North Kesteven district of Lincolnshire. It offers a range of amenities, including a primary school, a convenience store, a pub, a community centre, and a playing field with a children’s play area. The village also has a regular bus service connecting it to the nearby city of Lincoln and other surrounding areas. Witham St Hughs is a great place to live due to its close proximity to Lincoln, which offers a wider range of amenities, including shops, restaurants, and entertainment venues. The village itself has a strong sense of community, with various events and activities taking place throughout the year, such as the annual summer fete and Christmas lights switch-on. The development is surrounded by beautiful countryside, providing residents with plenty of opportunities for outdoor activities.

Location

Merlin's Point, Witham St Hughs
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Availability

PlotTypeBedsBathroomsPriceStatus
Plot 69 "The Nithsdale", Merlin's Point, Witham St HughsSemi-Detached House31£92,250Sold STC
Plot 70, "The Nithsdale", Merlin's Point, Witham St HughsSemi-Detached House31£143,500Exchanged

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