**Sold Prior to Marketing**

Price Representative of 25% Share

Shares Available from 25% to 75%

The Draycote features a spacious lounge, kitchen, and dining room, along with a lobby and WC on the ground floor. Upstairs, it offers three well-sized bedrooms, a modern bathroom, and ample storage.

About Shared Ownership

With shared ownership, you'll purchase a share of your home which will be subject to your individual affordability. You'll then pay rent on the remaining share owned by Amplius - the housing association. This means you'll have lower monthly payments than you would with a traditional mortgage, making it a great option for first-time buyers or those needing to downsize.

But that’s not all! If your affordability or circumstances change, you have the opportunity to purchase additional shares in the property, this is called staircasing. It is possible to staircase up to 100% share of the property when affordable for you to do so.

All properties on this development that are for sale with Kinetic New Homes Experts are available to purchase on a shared ownership basis only, with shares between 25% to 75%.

Example Share Breakdowns

Please find examples of share amounts available provided:

25% share - Purchase price £52,875 - Rental Amount Payable £445.36 per month

50% share - Purchase price £117,500 - Rental Amount Payable £310.72 per month

75% share - Purchase price £176,250 - Rental Amount Payable £176.09 per month

*rent charge inclusive of service charge and buildings insurance.

Full Property Value: £235,000

Measurements

Kitchen/Dining 3.02m x 4.69m -9'10" x 15'4"

Lounge 4.65m x 4.43m 15'3" x 14'6"

Bedroom 1 4.65m x 3.60m 15'3" x 11'9"

Bedroom 2 2.35m x 4.13m 7'8" x 13'6"

Bedroom 3 2.24m x 3.01m 7'4" x 9'10"

General (Internal and External Finishes)

Composite external doors

Contemporary external PIR lighting to the front and rear of all properties

Mains doorbell supplied and fitted

Smoke alarms fitted as standard

Bulkhead lighting to under stairs storage

Matt white emulsion decoration to ceilings and walls, with satin white paint to woodwork throughout

White satin interior doors with chrome ironmongery

TV points in lounge

BT phone points, wired for connection to landline, master point in lounge

Landscaping to the front of all properties and turf to the rear

Fully enclosed rear gardens with timber fencing

PV panels at selected plots

EV chargers

WC

All WCs will benefit from:

Contemporary two-piece white suite comprising wash basin and close-coupled

WC

Chrome tap

Vinyl flooring

Bathrooms

All bathrooms will benefit from:

Contemporary three-piece white suite comprising bath, wash basin, and close-coupled

WC

Sleek shower screen

Chrome tap

Floor-to-ceiling tiling around the bath with tile splashback to wash basin and windowsill

Vinyl flooring

Kitchens

All kitchens will benefit from:

Sleek cabinet units with matching plinths, joins, and decorative panels

Laminate worktop with matching upstand

Single conventional oven, gas hob, and extractor

Contemporary splashback to all cookers

Stainless steel 1.5 bowl kitchen sink with mixer tap

Space for fridge freezer

Space for washing machine

Sockets sufficient for all appliances

Decorative chrome track spotlight fitting

Vinyl flooring

Local connection is preferred and prioritised, but not essential!

Shared Ownership Criteria

In order to submit an application for a shared ownership home, you'd need to consider the following criteria.

Do you have a local connection to Witham St Hughs and the surrounding area?

Do you currently not own a property, or own another property that is being sold?

Is your total combined household income within £80,000 per annum?

For further details on whether you would be eligible for one of these homes, please contact Kinetic New Homes Experts.

Location

For the exact location to the development please use the What3words code: //////severe.relishes.partied

Witham St Hughs is a modern village located between Lincoln and Newark, known for its family-friendly atmosphere and strong sense of community. It offers a range of amenities, including schools, parks, and shops, making it an ideal location for families and professionals alike. The village provides excellent transport links, with easy access to the A46, connecting residents to nearby cities and beyond.

Expected Completion June

In accordance with the National Trading Standards Material Information guidelines, the following key facts, disclosures and material information are provided to assist prospective purchasers in making an informed decision. While every effort has been made to ensure accuracy, all buyers are advised to verify the information below with their legal representative as part of the conveyancing process.

Reservation Fee / Deposit:

A reservation fee or deposit may be required by the developer to secure the property. Terms and amount may vary depending on the build stage and individual plot. Buyers are advised to contact the agent for further details and to confirm requirements with their solicitor before making any financial commitment.

Disclaimer: This property is currently staged with furniture for marketing purposes. The furnishings and décor displayed are for illustrative purposes only and do not form part of the sale unless otherwise stated. Prospective purchasers are advised to confirm with the agent which items, if any, are included in the sale.

Disclaimer

These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.