Wykin Meadow in Hinckley
by Legal & General Affordable Homes
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1 bedroom apartments and 2 bedroom houses
From £52,000 for a 40% share
(From £130,000 Full Market Value)
Hinckley LE10 0WJ, Hinckley, Hinckley, Leicestershire, LE10 0WJ
Do you want to see site plans, house types and floorplans?
You can see all of this and much more by requesting the development brochure. Simply complete the short form below.
One Year Service Charge Holiday for Apartments*
For a limited time only, you can receive a one year Service Charge holiday towards your new apartment at Wykin Meadow, where we would contribute up to the value of £2,323.
A beautiful collection of 1 bedroom apartments available with Shared Ownership. Located in Hinckley, Leicestershire, this new community offers the perfect place to put down roots and get on the property ladder.
Your new home at Wykin Meadow has been built around your lifestyle including modern, open plan living areas that are full of natural light. Kitchens are streamlined and well equipped, with integrated appliances and ample workspace to show off your culinary skills. Finished to a high specification, every home has space for a home office helping you strike the perfect work life balance.
Benefitting from a superb range of nearby amenities, including local pubs, schools, restaurants and sports clubs, you can enjoy a village location on the outskirts of the town and the accessibility of the cities of Coventry, Leicester and Birmingham
Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can get on the property ladder sooner than you think with a lower deposit.
The final phase are available to move into now!
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
Available to purchase from a 40% share.
Financial Breakdown:
- Full Market Value: £130,000
- 40% Share Value: £52,000
- 5% deposit of 40%: £2,600
- Rent on unowned share: £179 per month
- Service Charge: £121.59 - £195.23 per month
- Council Tax: TBC*
Key Features:
- Great range of nearby amenities
- Excellent transport connections
- Electric single oven, gas hob and cooker hood
- Paved patio area to houses
- Turf to rear garden of houses
- Two parking bays for houses one parking bay to maisonettes and apartments
- NHBC 12 year build warranty
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
WHAT IS SHARED OWNERSHIP?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
ELIGIBILITY CRITERIA:
To be eligible for a home at Wykin Meadow, you'll need to:
- Have a combined household income under £60,000 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
- Have a minimum of £5,000 to cover the costs of buying a home
- Applicants with a live/work connection to the local area will be prioritised
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
CGI images shown are CGI representations taken in an actual two bedroom house at Wykin Meadow
*T&C's apply - contact us to find out more
Example Shared ownership share price options
The following table shows examples of the share price range of this development at various share points
| Share | Lower price | Upper price |
|---|---|---|
| 40% share | £52,000 | £52,000 |
| 45% share | £58,500 | £58,500 |
| 50% share | £65,000 | £65,000 |
| 55% share | £71,500 | £71,500 |
| 60% share | £78,000 | £78,000 |
| 65% share | £84,500 | £84,500 |
| 70% share | £91,000 | £91,000 |
| 75% share | £97,500 | £97,500 |
Are we missing any purchase information? Contact the developer
Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.
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