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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
Shared Ownership allows purchasers to buy a share of a property, usually between 30% and 75%, instead of buying it outright. You pay an affordable rent on the unpurchased shares. The rent you pay is subsidised to make these homes as affordable as possible. This is a great way for you to get on the property ladder if you can’t afford to buy a similar home outright. It can also take away the pressure of having to save for a high deposit, or having to make large mortgage repayments.
This means you get the home you want, at an affordable price, and through a monthly repayment that’s achievable. You would need to discuss your finances with a qualified mortgage advisor to determine how much deposit you would be required to put down. All mortgages are offered on a case by case basis, and will depend on your financial situation. If you do have to pay a deposit, this will be calculated as a percentage of the share you are buying only, not the full market value.
The New Homes Agent is delighted to present this stunning range of shared ownership properties, brought to market by Longhurst Group and constructed by the well renowned developer, Beal Homes.
The newly constructed Somerby Croft development is situated off The Belt Road in Gainsborough and is built by locally renowned builder Beal Homes. Longhurst group are offering the opportunity to purchase 6 of these affordable homes on the development, all of which are 3 bedroom homes which are suitable for modern family life.
All plots comprise of a welcoming entrance lobby with downstairs WC leading through to a spacious lounge with under stairs storage cupboard. You then step foot into the modern kitchen/diner which is equipped with stylish wood-effect flooring and patio doors leading to the rear gardens. The kitchens benefit from ample storage space and integrated gas hob, electric fan oven and extractor fan, with space left for a washing machine. Upstairs the plots have three generous bedrooms and modern 3 piece family bathroom with shower over bath. There is also a handy storage cupboard with shelving and a light.
All plots benefit from block-paved drives with access for 2 cars and landscaped front and rear gardens with a mix of patio and turf.