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£105,750

(£104/sq. ft)

3 bed semi-detached house for sale
Linnea Drive, Ribbleton PR2

    • 3 beds

    • 1 bath

    • 1,016 sq. ft

  • EPC Rating: B

  • Shared ownership
  • Leasehold

LWC Sales & Lettings Ltd

Logo of LWC Sales & Lettings Ltd

About this property

  • Private garden

  • Shared Ownership from 45% share.

  • White sanitaryware and generous bathroom tiling

  • Off-street parking and electric car charging point

  • External front and rear lights and outside tap

  • Contemporary kitchen with ample storage and oven hob& extractor hood

  • 9-year new build guarantee

The Hazel
This attractive 3 bedroom home offers accommodation over two floors. This semi detached property is part of The Meadows, an exceptional collection of 2,3 and 4-bedroom homes. The popular location has been chosen to provide you with ready access to some of the best green space surrounding Preston, and to the city itself. Great transport connections also make it easy to travel across the region by road and train.

Stylish and smart, the clean aesthetic chosen throughout is the perfect flowing canvass for you to make your own.

This property is being sold as Shared Ownership re-sale.
Shared ownership


Stepping into your new home is one of the best and most exciting achievements in your life and Shared Ownership makes that ambition possible. You initially purchase a part share in a home through a mortgage and savings. You only need to buy as much as you can afford, usually a minimum of 25% and up to a maximum of 75%, and you pay a subsidised rent to us on the share that you don't own. The great thing about Shared Ownership is that you can buy a larger share of the property whenever you can afford it. The more you own, the less rent you pay. What's more, you can get started with a smaller deposit, because its calculated on the value of the share you buy. Shared Ownership provides you with the perfect opportunity to get your feet onto the property ladder. Even though you are only purchasing a share, it will definitely feel like your home since you are free to decorate and personalise it to your own taste.
Below we've listed some of the main qualifying criteria around your eligibility:
* Your household income is £80,000 a year or less
* You cannot afford all the deposit and mortgage payments for a home that meets your needs
* You're a first-time buyer or * You used to own a home, but cannot afford to buy one now or
* You own a home and want to move but cannot afford a new home suitable for your needs or * You're forming a new household - for example, after a relationship breakdown or
* You're an existing shared owner and want to move

This house is available to be purchased through Shared Ownership and below are some sample figures for your information. Lower shares may be available subject to passing financial assessment.

Full Marker Value £235,000 Estate charge £37.72pcm (building insurance included).

50% share at £117,500, Shared Ownership rent £274.13pcm
60% share at £141,000, Shared Ownership rent £219.30pcm
70% share at £164,500, Shared Ownership rent at £164.48pcm
75% share at £176,250, Shared Ownership rent at £137.06pcm

This home was built in 2024 as part of The Meadows estate where all properties were constructed to a high specification with contemporary living in mind. Light, spacious rooms are complemented by eye catching stylish bathroom designs and kitchen/diners equipped with convenient fitted units throughout - including a stainless-steel oven, gas hob and extractor hood.
A number of eco-features have also been integrated into the designs. With electric vehicle charging points and energy efficient boilers complementing full double glazing throughout, your new home is efficient and economical to heat and maintain.

Viewings highly recommended. Call/email us to arrange it.

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More information

  • Tenure

    Leasehold (989 years)

  • Service charge

    £34 per month

  • Council tax band

  • Ground rent

    £0

  • Ground rent date of next review

  • Shared ownership details

    A fantastic opportunity to purchase this 3-bed semi detached house on a Shared Ownership - resale basis from 45%. Located on the very popular development of The Meadows, this spacious property is available to buy. High specification including flooring throughout comes as standard. Full Price £235,000

  • Shared ownership percentage owned

    45%

  • Shared ownership rent

    £302 per month

See all recent sales in PR2

Property descriptions and related information displayed on this page are marketing materials provided by - LWC Sales & Lettings Ltd. 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 LWC Sales & Lettings Ltd for full details and further information.