£94,000
2 bed semi-detached house for saleWheatley Close, Ashby-De-La-Zouch, Leicestershire LE65
2 beds
1 bath
1 reception
EPC Rating: B
- Shared ownership
- Leasehold
SOWN - Shared Ownership
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About this property
Shared Ownership
This superb modern home is available to buy from as little as £94,000 with a 40% share!
Nestled in the heart of Ashby-de-la-Zouch, this beautifully presented semi-detached property on Wheatley Close offers modern living in a highly desirable residential area. Perfect for first-time buyers, young professionals, or those seeking an investment opportunity, this stylish home combines contemporary design with practical features throughout.
The ground floor boasts a bright and spacious open-plan kitchen, living, and dining area, ideal for both everyday living and entertaining. The modern kitchen is well-appointed, while the open layout allows plenty of natural light to flow through the space, creating a warm and inviting atmosphere. A convenient guest WC completes the ground floor accommodation. Upstairs, there are two generous bedrooms, each designed with comfort in mind and offering ample storage space. The family bathroom features a sleek modern suite with a bath and shower, adding a touch of luxury to the home.
Outside, the property benefits from an enclosed rear garden, perfect for relaxing or enjoying outdoor dining in the warmer months. Off-street parking for three cars is available, providing ease and convenience.
Ashby-de-la-Zouch is a highly desirable market town offering an excellent blend of historic charm and modern convenience. The bustling town centre features a wonderful selection of independent shops, cafés, restaurants, and traditional pubs, as well as well-known high-street names. A regular market adds to the town’s friendly community feel, while nearby supermarkets, medical centres, and everyday services ensure all practical needs are well catered for. The area is also home to several highly regarded schools, making it an appealing location for families. For leisure and relaxation, residents can enjoy the nearby Hood Park Leisure Centre, Ashby Castle, and the surrounding National Forest, which provides scenic walks, cycling routes, and plenty of green open spaces. The property benefits from excellent transport links, making it ideal for commuters and those who enjoy exploring the wider region. Ashby-de-la-Zouch lies conveniently close to the A42 and A511, providing quick and easy access to the M42, M1, and M6 motorways. This makes travel to nearby cities and further afield straightforward by car. Although the town does not have its own train station, regular rail services are available from Burton-upon-Trent and Tamworth, both just a short drive away. Leicester, Derby, and Nottingham are all within comfortable commuting distance.
Pricing & affordability
Full Market Value: £235,000
40% Share Price: £94,000 (rent £414.75 pcm)
Minimum 5% Mortgage Deposit (40% share): £4,700
Approximate Service Charges: No service charge
Lease: 121 years
Eligibility
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £235,000 and a purchaser would not need to meet the eligibility criteria listed above.
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More information
Tenure
Leasehold (121 years)
Service charge
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review