Meden Meadow in Market Warsop

This is a Shared ownership development by Legal & General Affordable Homes

New phase of 2 & 3 bed homes now released & expected to move in Summer 2025.

An idyllic new collection of beautiful 2 & 3 bedroom Shared Ownership houses, located in in the semi-rural town of Market Warsop, Mansfield, Nottinghamshire.

Located in an established community with easy access to local amenities, a choice of well-regarded primary and secondary schools that are rated Good by Ofsted and plenty of open spaces, you will feel right at home at Meden Meadow. 

Only a short walk to the town centre including shops, play parks, cafes, pubs and restaurants, you are perfectly placed to enjoy the perfect balance of town and country. There are stunning country parks, footpaths, cycleways and bridle paths for when you feel like getting out and about. 

When you're looking to stay indoors and enjoy your new home, you will love that the contemporary homes at Meden Meadow have been built around your lifestyle including open plan living areas that are full of natural light. Kitchens are streamlined and well equipped, with the integrated appliances and ample workspace for food preparation. Finished to a high specification, every home has space for a home office helping you strike the perfect work life balance. 

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 next phase of homes to be released at Meden Meadow are expected to be ready to move into from Summer 2025.

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

Financial Breakdown:

• Full Market Value: £170,000 - £217,500 
• 40% Share Value: 368,000 - £87,000 
• 5% deposit of 40%: £3,400 - £4,350
• Rent on unowned share: £234 -£300  per month
• Service Charge: £70.72 - £78.08 per month
• Council Tax: TBC*

KEY FEATURES:

• Zanussi electric single oven, gas hob and Electrolux cooker hood
• Zanussi integrated washing machine
• Timber fencing to garden with paved patio area
• Turf to rear garden
• Two parking bays per home with an EV charging facility
• 12-year NHBC 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.

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

ELIGIBILITY CRITERIA:
To be eligible for a home at Meden Meadow, you'll need to:

• 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
• Have a minimum of £5,000 to cover the costs of buying a home
• Applicants with a living or working connection to the District of Mansfield 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.

*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.

NB: CGI interiors and exterior images are of a three bedroom house at Meden Meadows.

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.