3 bedroom semi-detached house for sale

*Sold Prior to Marketing*
Price Representative of 25% ShareShares Available from 25% to 75%
The Draycote features a spacious lounge, kitchen, and dining room, along with a lobby and WC on the ground floor. Upstairs, it offers three well-sized bedrooms, a modern bathroom, and ample storage.
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 Amplius - 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% share of the property when affordable for you to do so.
All properties on this development that are for sale with Kinetic New Homes Experts are available to purchase on a shared ownership basis only, with shares between 25% to 75%.
Example Share Breakdowns
Please find examples of share amounts available provided:25% share - Purchase price £52,875 - Rental Amount Payable £445.36 per month50% share - Purchase price £117,500 - Rental Amount Payable £310.72 per month75% share - Purchase price £176,250 - Rental Amount Payable £176.09 per month*rent charge inclusive of service charge and buildings insurance.
Full Property Value: £235,000
Measurements
Kitchen/Dining 3.02m x 4.69m -9'10" x 15'4"Lounge 4.65m x 4.43m 15'3" x 14'6"Bedroom 1 4.65m x 3.60m 15'3" x 11'9"Bedroom 2 2.35m x 4.13m 7'8" x 13'6"Bedroom 3 2.24m x 3.01m 7'4" x 9'10"
General (Internal and External Finishes)
Composite external doors
Contemporary external PIR lighting to the front and rear of all properties
Mains doorbell supplied and fitted
Smoke alarms fitted as standard
Bulkhead lighting to under stairs storage
Matt white emulsion decoration to ceilings and walls, with satin white paint to woodwork throughout
White satin interior doors with chrome ironmongery
TV points in lounge
BT phone points, wired for connection to landline, master point in lounge
Landscaping to the front of all properties and turf to the rear
Fully enclosed rear gardens with timber fencing
PV panels at selected plots
EV chargers
WC
All WCs will benefit from:
Contemporary two-piece white suite comprising wash basin and close-coupled WC
Chrome tap
Vinyl flooring
Bathrooms
All bathrooms will benefit from:
Contemporary three-piece white suite comprising bath, wash basin, and close-coupled
WC
Sleek shower screen
Chrome tap
Floor-to-ceiling tiling around the bath with tile splashback to wash basin and windowsill
Vinyl flooring
Kitchens
All kitchens will benefit from:
Sleek cabinet units with matching plinths, joins, and decorative panels
Laminate worktop with matching upstand
Single conventional oven, gas hob, and extractor
Contemporary splashback to all cookers
Stainless steel 1.5 bowl kitchen sink with mixer tap
Space for fridge freezer
Space for washing machine
Sockets sufficient for all appliances
Decorative chrome track spotlight fitting
Vinyl flooring
Local connection is preferred and prioritised, but not essential!
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 not own a property, or 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 Kinetic New Homes Experts.
Location
For the exact location to the development please use the What3words code: //////severe.relishes.partiedWitham St Hughs is a modern village located between Lincoln and Newark, known for its family-friendly atmosphere and strong sense of community. It offers a range of amenities, including schools, parks, and shops, making it an ideal location for families and professionals alike. The village provides excellent transport links, with easy access to the A46, connecting residents to nearby cities and beyond.
Expected Completion June
In accordance with the National Trading Standards Material Information guidelines, the following key facts, disclosures and material information are provided to assist prospective purchasers in making an informed decision. While every effort has been made to ensure accuracy, all buyers are advised to verify the information below with their legal representative as part of the conveyancing process.
Reservation Fee / Deposit:A reservation fee or deposit may be required by the developer to secure the property. Terms and amount may vary depending on the build stage and individual plot. Buyers are advised to contact the agent for further details and to confirm requirements with their solicitor before making any financial commitment.
Disclaimer: This property is currently staged with furniture for marketing purposes. The furnishings and décor displayed are for illustrative purposes only and do not form part of the sale unless otherwise stated. Prospective purchasers are advised to confirm with the agent which items, if any, are included in the sale.
DisclaimerThese particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.