£88,000

2 bed semi-detached house for sale
Somerby View, Grantham. NG31

    • 2 beds

    • 1 bath

    • 1 reception

  • New home
  • Shared ownership
  • Leasehold

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Wright Marshall

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About this property

  • Two bedroom homes

  • Available Now

  • Prices start from £88,000 (for a 40% share).

  • Shared Ownership with opportunity to purchase from 40% – 75%

  • Developed by Bloor Homes.

  • 10 Year New Home Guarantee

  • Flooring throughout

  • Solar panels and EV Car charging

Muir is delighted to present Somerby View, Grantham, Lincolnshire.

This development features 2 and 3 bedroomed homes available to purchase as shared ownership.

These homes have been developed by Bloor Homes. Each new-build home has been carefully designed to offer spacious, practical fitted kitchens, comfortable living spaces, well planned bedrooms and attractive exteriors. Every aspect of your new Muir home is carefully finished to the highest standard and the development is designed to compliment the surrounding market town of Grantham.

With a wide range of local amenities and excellent transport links from where trains run to London Kings Cross in just over an hour, Grantham provides an excellent environment, ideal for both growing families and professional commuters.

Full Market Value 2 Bedroom -£220,000
40 % share value £88,000
Monthly rent - £302.50
Service Charge £13.90
Council Tax: Council tax bands are often not released until the property is complete.

Eligibility

Have a combined household income under £80,000 per annum
Not already own a property, or part of a property, at the time of completing on your purchase
Be unable to purchase a suitable home to meet your housing needs on the open market.

Information on Shared Ownership;

If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. You could buy bigger shares when you can afford to do so which is referred to as 'staircasing' and the more shared you own, the less rent you pay. Muir Housing Group offer 'staircasing' to 100% ownership.
Management and estate charges apply.

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More information

  • Tenure

    Leasehold (250 years)

  • Service charge

    £167 per year

  • Council tax band

  • Ground rent

  • Ground rent date of next review

  • Shared ownership percentage owned

    40%

  • Shared ownership rent

    £303 per month

See all recent sales in NG31

Property descriptions and related information displayed on this page are marketing materials provided by - Wright Marshall. Zoopla 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 Wright Marshall for full details and further information.