Over 55’s Shared Ownership in Hinckley, Leicestershire 1 bedroom Apartment

  • £253,000

    Equity share: 75% / £189,750

The Dials - Plot 9
For Sale Shared Ownership

Over 55’s Shared Ownership in Hinckley, Leicestershire 1 bedroom Apartment

The Dials - Plot 9
  • £253,000

    Equity share: 75% / £189,750

Property Overview

  • Apartment
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom

Property Description

We are pleased to bring to the market this 1 bedroom Apartment Shared Ownership. It is situated in Hinckley, Leicestershire and is available now

This brand new home is available to buy from as little as £189,750 with a 75% share!

The Dials offers 57 modern, stylish one and two bedroom shared ownership and rented apartments situated next to Clarendon park, in the welcoming town of Hinckley. Each apartment benefits from their own unique features and views, but all sharing the same high standards of finish, with comfortable access to the beautiful gardens, communal areas and facilities. Surrounded by like-minded people who share a similar outlook on life, The Dials will benefit from an open and inviting community, where family and friends are always welcome, and where there is always something new to enjoy. It’s housing for the over-55s, redesigned and somewhere you will be proud to call home.

OPEN PLAN LIVING
Every apartment has been designed for enjoying life. With an open-plan living and dining space, you can comfortably entertain friends and family, or simply relax in your own spacious environment. Apartments are fully carpeted for extra comfort and ease.

THE KITCHEN
The kitchens are bright and airy and are fully fitted with white goods oven, hob and extractor which come with a 2-year guarantee. Kitchen worktops and wall units are mounted lower with plug sockets raised higher – all for your increased comfort and convenience. Windows are fitted with electric opening mechanism to make life easier.

BATHROOM
When it comes to bathrooms, we’ve combined style and substance to create elegant spaces. With crisp white sanitary ware, level-access showers and anti-slip flooring, your new bathroom.

24/7 SUPPORT
Every apartment and all communal areas are equipped with Anchor On Call. You can rest assured that there is always someone on-call to help in case of an emergency. We understand that maintaining your independence is important and ensure that the support our Anchor On Call system provides is discreet, while providing peace of mind for you and your family.

NO MORE MAINTENANCE
When living at The Dials, all residents are required to pay a contribution towards the running costs of the facilities, support services and maintenance of the building and grounds. You may find you are currently putting off many general home maintenance tasks as they are too difficult to complete, or you may be paying a premium for someone else to complete them for you. At The Dials, in most cases these tasks are taken care of and covered by the service charge. For full details about the service charge, please ask our Consultant to provide you with our Key Facts document.

PRICING & AFFORDABILITY

Full Market Value: £253,000

75% Share Price: £89,750 (rent £237.19pcm)^

^Shares on all homes at The Dials can range between 25% and 90% – please speak to a member of our team regarding the rent payable based on different share levels.

Approximate Service Charges: £100.92 per week for 1 beds & £123.35 per week for 2 beds*
Shared Ownership Lease: 990 years
Council Tax Band: TBC

WHAT IS ‘ANCHOR’ SHARED OWNERSHIP?
Shared Ownership with Anchor is designed to give you flexibility when buying A new apartment without having to fund the entire value of the property. You would purchase a percentage of the property ranging between 25% – 90%, depending on the type of development and then pay rent on the remaining unpurchased percentage. This allows you to free up capital from your current home to enjoy later life to the full.

ELIGIBILITY

If you choose to apply for the Anchor Shared Ownership scheme, the general eligibility criteria is:

– You must be aged 55 years or older.
– Your maximum household income must not exceed £80,000.
– You should be unable to purchase a home suitable for your needs without assistance.
– You do not already own a home, or you will need to sell any existing property owned before purchasing through the scheme.
– You will need to have sufficient savings to pay the share in full if retired.
– You must not have any outstanding credit issues such as unsatisfied defaults or county court judgements.

*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.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Property Address

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  • Address The Dials - Plot 9
  • City Hinckley
  • County Leicestershire
  • Postal Code LE10 0YS

Details

Updated on April 24, 2024 at 5:04 pm
  • Property ID: MS-124475
  • Rental Amount Per Month: £237/Month
  • Bedroom: 1
  • Bathroom: 1
  • Property Type: Apartment
  • Property Status: For Sale, Shared Ownership
  • Estimated Monthly Service Charge (£): 400
  • Value Of The Equity Share: 75% / £189,750
  • Overall Property Value: £253,000
  • Tenure: Leasehold
  • Council Tax Band: Unknown
  • Length of Lease: 990

Contact SOWN about: Over 55’s Shared Ownership in Hinckley, Leicestershire 1 bedroom Apartment

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