APPLICATIONS OPEN - Monza Close, Bourne

Key features

• Available via shared ownership scheme 40% - 75%
• Applications Open
• Brand New Homes
• 10 Year Guarantee
• Developed by Taylor Wimpy
• Prices start from £89,000 (40% share of full market value, rent and management charges apply)

Full property description

• Download brochure

Oak Spring Place is located in the rural Market town of Bourne. Bourne is close to the towns of Market Deeping, Spalding, and Stamford, approximately 16 miles from the city of Peterborough (with its great train links to London King’s Cross) and 97 miles north of London. The town is around 10 miles from the nearest motorway, the A1, linking to the A1M at Leeds (North) and the A1M at Peterborough (South). Bourne is also around a 50-minute drive from the east coast (being just over an hour’s drive from the popular coastal resort of Skegness) and around a 30-minute drive to the towns of Boston, Grantham, Oakham and Sleaford, with the popular cities of Lincoln, Cambridge and Nottingham being around an hour’s drive. The popular attraction of Rutland Water is also within a 30-minute drive of Bourne.

Bourne is a well-established Rural Market Town which consists of a good selection of shops and supermarkets. It also has dentists, doctors, primary schools, high school and grammar school. The Schools in Bourne and surrounding area are of extremely high standards with some of the best schools in the Country. There is an excellent selection of public houses and restaurants. A large state[1]of-the-art leisure centre with heated swimming pool and a gym. If you are resident at Elsea Park there is a large multi-purpose community centre that provides a large variety of clubs and activities for residents.

Muir currently have five homes available;
‘The Darcy’ 3 Bedroom End of Terrace home - Available from £89,000 for a 40% share
‘The Darcy’ 3 Bedroom mid-terrace homes - Available from £90,000 for a 40% share.
Full Market Value: £222,500

40% Share Value: £89,000
Rent on unowned share: £305.94 PCM
Leasehold: 250 years
Service Charge: £31.24 PCM
Council Tax: Council tax bands are often not released until the property is complete.

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. Read more