Please note, the majority of our shared ownership homes undergo a rent review in April 2024. The review will depend on the shared ownership lease, but the majority will see a 9.4% uplift to the rent. We will confirm the exact changes to the rent for this property as part of the sales process.
£110,000 for a 50% share
Open Market Value: £220,000
From £205 per calendar month
Service Charge: £25.08
Available on shared ownership 1
7 Ladkin Close, Loughborough
Spacious 2 bedroom mid terrace house decorated and in excellent condition.
Plenty of storage space throughout including under stairs area with electric sockets and two large carpeted bedrooms with inbuilt large storage space in upstairs front bedroom.
Upstairs bathroom with bath tub, power shower and WC, plus downstairs WC
Sizeable Lounge area with ceiling lights and blinds to windows and patio doors
Stairs and landing also carpeted.
Well kept spacious enclosed private garden. Extra large shed with electric sockets and lights fitted.
Short walk to good local amenities, including schools, shops and parks plus a short drive to the A46
Situated not far from Sileby Train Station
The seller is currently accepting viewings and if you would like to arrange a viewing, please contact the seller on the details below.
Seller Name: Mr Nick and Mrs Miranda Woollard
Seller Contact Details: Tel : 07908110800 or Email : nicholaswoollard@live.co.uk
As a shared ownership home, you will need to be eligible for Shared Ownership.
As a reminder, to be eligible for shared ownership you will need to evidence:
• your household income is £80,000 a year or less (£90,000 a year or less in London)
• you cannot afford all of the deposit and mortgage payments for a home that meets your needs
One of the following must also be true:
• you’re a first-time buyer
• you used to own a home but cannot afford to buy one now
• you’re forming a new household - for example, after a relationship breakdown
• you’re an existing shared owner, and you want to move
• you own a home and want to move but cannot afford a new home that meets your needs
Please take note of the minimum income, £31,183 and minimum deposit £5500 for this property.
If you make a successful offer to the seller after your viewing, they will let us know and we will then be able to refer you for a financial assessment with an Independent Financial Advisor. This is compulsory for all Shared Ownership purchases and does not interfere with any mortgage arrangements you have already made. They will complete an assessment but you are not obliged to use them afterwards to arrange your mortgage, but can if you wish. You will also be required to complete a Stonewater application form. Further information on the financial assessment and application form will be provided.
Please let us know if you need any further information and good luck with your viewing.
Interested in buying a shared ownership home? Follow our simple three step guide Find out more about shared ownership
What is shared ownership? Your questions answered Find out about shared ownership
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