Located off Croft Road in the highly sought-after village of Cosby, this beautifully presented two-bedroom semi-detached home is available to purchase through Shared Ownership, offering an affordable route onto the property ladder.

Built in 2019, the property benefits from a modern specification throughout and an excellent Energy Performance Rating of B, helping to keep running costs low. Ideal for first-time buyers, couples or small families, the home features a contemporary fitted kitchen, spacious living accommodation, a downstairs cloakroom, private driveway for two vehicles and an enclosed rear garden, all set within a popular village location with excellent access to Leicester and surrounding areas.

Price examples:

50% shared ownership of this two-bedroom semi-detached house is available for £107,500. Monthly rent on remaining share is £246.35. In addition, there will be a monthly service charge of £59.41.

35% shared ownership of this two-bedroom semi-detached house is available for £75,250. Monthly rent on remaining share is £320.26. In addition, there will be a monthly service charge of £59.41.

Specification

Kitchen

• A selection of contemporary wall and base units
• Integrated stainless steel gas hob and electric oven
• Plumbing for washing machine

Bathroom

• White bathroom suite
• Shower over bath
• Glass shower screen
• Extractor fan
• Vinyl flooring
• Tiled to full ceiling in shower area

Internal

• Gas central heating combi-boiler
• Double glazing
• Downstairs cloakroom with WC

External

• Enclosed rear garden
• Private driveway for two cars

Energy rating - B

What is shared ownership?

Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it - but you're living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It's a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

The properties are sold on a 990 year shared ownership lease.

Who qualifies?

Anyone who does not currently own or part own a property and has a household income of less than £80,000 per year can apply.

How to apply

You will need to provide a completed application form, financial assessment, Mortgage in Principal and proof of funds for your application to be complete and accepted. Please email completed application forms to nchasales@ncha.org.uk

A member of the Sales team will contact you directly once your application has been reviewed.

Your affordability will be assessed based on the information you provide on the application form. NCHA will make an offer based on the amount you can afford, between 10 - 75%. If your application is successful a non-refundable reservation fee of £350 is required to reserve your new home, this amount goes towards your deposit on completion.

Local information

Cosby is a charming and historic Leicestershire village that offers the perfect blend of countryside living and modern convenience. Located close to Whetstone, Blaby and Wigston, with excellent access to Leicester city centre, the village enjoys a strong community atmosphere, a range of local amenities and well-regarded schooling, including Cosby Primary School and Brooke House School.

Rich in heritage, Cosby is mentioned in the Domesday Book of 1086 and is home to the impressive 14th-century St Michael and All Angels Church. Residents also benefit from a variety of recreational opportunities, with thriving football, rugby and cricket clubs, making Cosby a popular choice for families and professionals alike.

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