£142,500
1 bedroom terraced house for sale
Knights Road, Old Dalby
terraced house 
1 bedroom Property description
The Hudson is one of our 1 BEDROOM TERRACE HOMES available to purchase on the Discounted Market Sale, Affordable Homes Scheme. Spacious open plan living/kitchen on the ground floor and a spacious double bedroom and bathroom upstairs. Off street parking is included and the property is ready to move into.
What is the discounted market sale affordable homes scheme?
Discount Market Sale – also known as Council Shared Equity or a reduced market value scheme – is a low cost homeownership product where a new build property is purchased at a discounted price. This discount is usually 25%, with the scheme aiming to help buyers who live or work in the borough to get onto the property ladder.
As the property is discounted, housing costs are reduced significantly. Unlike Shared Ownership, there is no rent to pay on the remaining interest.
The full market price of £190,000 is discounted by 25% to the DMS price (Discounted market sale) you own 100% of the property and the home must be sold at 75% of market value if sold in the future.
Who is eligible?
You must have never owned a property before.
Income of no more than £80,000, joint or single.
Live or have local connections within 10 miles of the development.
Usually, a 10% Deposit is required upon exchange, and you will need to be qualified by our financial advisor prior to reserving.
What is the discounted market sale affordable homes scheme?
Discount Market Sale – also known as Council Shared Equity or a reduced market value scheme – is a low cost homeownership product where a new build property is purchased at a discounted price. This discount is usually 25%, with the scheme aiming to help buyers who live or work in the borough to get onto the property ladder.
As the property is discounted, housing costs are reduced significantly. Unlike Shared Ownership, there is no rent to pay on the remaining interest.
The full market price of £190,000 is discounted by 25% to the DMS price (Discounted market sale) you own 100% of the property and the home must be sold at 75% of market value if sold in the future.
Who is eligible?
You must have never owned a property before.
Income of no more than £80,000, joint or single.
Live or have local connections within 10 miles of the development.
Usually, a 10% Deposit is required upon exchange, and you will need to be qualified by our financial advisor prior to reserving.
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First listed
Over a month agoKnights Road, Old Dalby
Marketed by
haart Estate Agents - Leicester 34-36 Granby Street Leicester LE1 1DECall agent on 0116 448 9210
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Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Knights Road, Old Dalby - Streetview
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by haart Estate Agents - Leicester. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact haart Estate Agents - Leicester for full details and further information.
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