£112,000

2 bed property for sale

  1.  1 The Blossom
  2.  Site Plan
  3.  1 The Blossom
  4.  Site Plan
Leasehold

£112,000

2 bed property for sale

Ketton, Stamford PE9

2 beds
2 baths

Key Information

Tenure:
Leasehold (250 years)
Service charge:
£395 per year
Council tax band:
Ground rent:
Ground rent date of next review:
Shared ownership percentage owned:
40%
Shared ownership rent:
£385 per month

Local area information

Property location

Nearby amenities

  • Ketton Church of England Primary School 0.6 miles
  • Wilds Lodge School (SEN) 1.8 miles
  • Stamford (Lincs) 2.9 miles
  • Oakham 8.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • Available via shared ownership scheme 40 – 75% shares available
  • Brand New Homes
  • Developed by Balfour Beatty Homes
  • Applications Now Open
  • 10 Year New Home Guarantee
  • Handover in July 2024 (2 bedrooms)
  • Prices start from £112,000 (40% share of full market value. Rent and management charges apply)
Muir Housing Group are delighted to present The Crescent, Ketton, Rutland. This development includes a range of 2 bedroom and three bedroom terrace houses developed by Balfour Beatty Homes.

Each new build home had 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. The scheme includes vehicular and pedestrian accesses, public open space and landscaping.

Description

Ketton is a large village, located close to the bustling and prosperous market town of Stamford, Lincolnshire. Stamford is praised for its Georgian architecture and received the compliment from the Sunday Times as ‘Britain’s top places to live’ 2013. Ketton itself it build around the River Chater, from which it takes it name. Amenities The village boasts a extensive sports complex, a well-equipped children’s play ground, public houses, a post office/ village shop as well as a well regarded Church of England Primary School.

Muir currently have two homes available;
Full Market Value (2 bedroom End Terrace) £280,000
Full Market Value (3 bedroom End Terrace): £350,000
Full Market Value (3 bedroom Mid Terrace): £340,000
40% Share Value (2 bedroom Mid Terrace) £112,000
40% Share Value: (3 bedroom End Terrace): £140,000
40% Share Value (3 bedroom Mid Terrace: £136,000

Rent on unowned share (2 bedroom End Terrace) £385 pcm
Rent on unowned share (3 bedroom End Terrace): £481.25 pcm
Rent on unowned share (3 bedroom Mid Terrace): £467.50 pcm

Service Charge: £32.94 pcm

Service Charge: £32.94 pcm

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 40% 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.

*Images are representative only.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

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Listed by

Wright Marshall

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  1. Zoopla
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