3 bed detached house for sale

Thorold Lane, Spalding, Lincolnshire PE12

This modern three bedroom detached house is now available in Weston through Shared Ownership.

On the ground floor this house boasts of an entrance hall, a large reception room, a contemporary kitchen with a dining room area, a utility room and a WC.

On the first floor, there are three good sized bedrooms (one en-suite) and a bathroom.

Outside, there is a private rear garden and allocated parking. Perfect for couples and families.

Available for £135,000 for 50% share based on the marketing figure of £270,000.

Monthly rent - £318.84
Monthly Service Charge - £51.20
Total Monthly Charge - £370.04 plus mortgage required for 50% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Location

Living in Spalding, offers a peaceful rural lifestyle within the heart of the Lincolnshire countryside, ideal for those seeking space and tranquillity while remaining connected to nearby towns. The village of Weston provides a friendly community feel with essential amenities, while the larger market town of Spalding is just a short drive away, offering a broader range of shops, supermarkets, schools, and leisure facilities.

For commuters, Spalding railway station provides services to Peterborough, where direct connections to London King’s Cross are available. Road links are convenient, with access to the A16 and A17 enabling straightforward travel across Lincolnshire and into neighbouring counties, while Peterborough is within easy driving distance for further transport and shopping options.

EPC rating

Energy rating band - B
Environmental impact band - B

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.