The Meadows (Shared Ownership), Dixon Place, LN2
Part Buy, Part Rent £103,500

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Property Features

Address: The Meadows (Shared Ownership), Dixon Place, LN2
Bedrooms: 3
Reception Rooms: 1
Bathrooms: 2

Floorplans

Agent Contact Details

Agency
C3 The Point
Weaver Road
Lincoln
LN6 3QN
Tel: 01522 440445
enquiries@tnha.co.uk

About the Property

Plot 218 – The Lark – 3-Bedroom Semi-Detached Home
Price Representative of 75% Share

This spacious 3-bedroom semi-detached home boasts ample parking with 2 allocated, off street parking spaces. Buyers can enjoy a modern family home with rear garden. The ground floor benefits from a contemporary kitchen, WC and living/dining room with patio doors leading to the rear garden. The kitchen boasts modern fixtures and fittings as well as an integrated hob, oven and extractor. Upstairs, there are two double bedrooms and a modern family bathroom 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! If your affordability or circumstances change, you have the opportunity to purchase additional shares in the property, this is called staircasing. It is possible to staircase up to 100% ownership of the property when affordable for you to do so.

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 £103,500 – Rental Amount Payable £334.75 per month
60% share – Purchase price £138,000 – Rental Amount Payable £255.68 per month
75% share – Purchase price £172,500 – Rental Amount Payable £176.62 per month

Full Property Value: £230,000

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

Plots Available in this House Type (The Lark)

Plot 217 – Prices from 45% share (£103,500) up to 75% share (£172,500)
Plot 218 – Prices from 45% share (£103,500) up to 75% share (£172,500)

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 West Lindsey?
Do you currently own another property that is 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: ///dividers.overlaps.forum
https://what3words.com/dividers.overlaps.forum

Located within just 5 miles of Lincoln, with easy access to the city centre via the A46, The Meadows in Dunholme has easy access to local amenities including a Co-op Foodstore and village hall.

  • Plot 218 - 3 Bedroom Semi-Detached Home
  • 45% - 75% Shared Ownership Available
  • Anticipated Completion Date March 2024
  • Three Bedrooms, Master Bedroom with En-suite
  • Fully Fitted Kitchen with Integrated Hob and Oven
  • Vinyl Floor to Kitchen, Bathroom and WC
  • Allocated Parking Space for 2 Cars
  • Contemporary External PIR Lighting to the Front and Rear
  • Landscaping to Front Garden and Turf to Rear Garden
  • 10 Year New Build Warranty

Property Details

Kitchen

Living / Dining Room

WC

Bedroom 1

En-suite

Bedroom 2

Bedroom 3

Family Bathroom

Contemporary three-piece white suite comprising of bath with shower over, wash basin and WC

Agent's 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 re-check the measurements.

Computer Generated Images / Visualisations

External computer-generated visualisation images (CGI’s) are given as a guide only and cannot be relied upon for 100% accuracy. Buyers are advised that completed homes may differ slightly in appearance once built and so all images, sizes, design and plans are given for guidance purposes only. The developer reserves the right to make amendments to the design and specification throughout the build.

Location Map

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All Properties In This Development

PlotTypeBedsBathroomsPriceStatus
"The Kingfisher", The Meadows, DunholmeSemi-Detached House21Part Buy, Part Rent £90,000Sold STC
"The Lark", The Meadows, DunholmeSemi-Detached House32Part Buy, Part Rent £57,500Sold STC
"The Woodpecker", The Meadows, DunholmeSemi-Detached House21Part Buy, Part Rent £120,000Sold STC
The Meadows (Shared Ownership), Dixon Place, LN2Semi-Detached House32Part Buy, Part Rent £103,500Sold STC




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