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Hookhill Reach by Midland Heart Housing Association in Shepshed

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AVAILABLE NOW - Brand new Two Bedroom Semi-Detached Bungalow available on our Shared Ownership scheme.

This desirable property is located on a new development called Hookhill Reach in the historic market town of Shepshed, only 5 miles from Loughborough.

Prices start from £75,250 for a 35% share* plus a monthly rental charge.

• Last Plot Available now
• 2 Bed Semi-detached Bungalow
• Available on new Shared Ownership scheme with 990 year lease
• 35% to 75% initial share* available with option to own 100% in the future
• In the sought-after town of Shepshed

The property briefly comprises:
Lounge
Fitted Kitchen with oven, hob & hood
Internal Hall
Bathroom with shower over the bath
Master Bedroom with door to rear garden
2nd Bedroom
Gas-fired central heating
Flooring/carpets throughout
Turfed rear garden
Parking for two vehicles

Price
£215,000 (100%)
Shares available from 35% to 75%
35% share = £75,250 Rent = £320.26

Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £4.84
Estate Charge: £14.38

The development is located on the edge of the town of Shepshed, nestled in the beautiful Leicestershire countryside. This charming town has a diverse range of independent shops, schools, health and recreational facilities, as well as pubs & places to eat. Shepshed is surrounded by small quaint villages and countryside with fantastic walks on the doorstep.

Nearby Loughborough is the next largest town with a large shopping centre, cinema and leisure centres. Shepshed is close to the M1, making it perfectly placed for travelling to Leicester, Nottingham & Derby. Travel by rail and air is easy from Loughborough Railway Station and the East Midlands Airport, each only 6 miles away.

Shared Ownership is ideal for first time buyers, or anyone who qualifies, and cannot afford to buy outright to get onto the property ladder. It is great if you have limited savings, as you only need a deposit for the share you buy.

DON’T MISS OUT - Contact us today for more information and see how we can help you buy your very own home.

All applicants are required to register and apply in the first instance with Help to Buy for eligibility approval.

Shared Ownership homes provided through the new Shared Ownership and Affordable Homes Programme 2021 to 2026 with a 990 year lease.

*Price advertised is for a 35% share. Maximum share for initial purchase 75%.
Actual share purchase will be determined by financial assessment and individual circumstances in accordance with the HCA guidelines. Alternative shares are available upon request & will be determined by the applicant’s affordability & target share being met.

Amount advertised is subject to change and is based on a 35% share of a 2 Bed bungalow. An additional monthly rental charge applies that includes rent, buildings insurance and management charge but excludes any mortgage payment.

^Any Images/Photographs shown are for illustrative purposes only.

>Floor plans depict a typical layout of this house type and are for illustrative purposes only. They are not intended to be used for carpet sizes, appliance sizes or items of furniture. For exact plot specification, please speak with our Sales Adviser. Some properties may be a mirror image of the plan shown.

Midland Heart Housing Association