2 Bed Semi-detached For Sale

We are excited to be offering this 2 bedroomed end terraced house for Shared Ownership in the village of Coningsby, part of the Kings Manor development.
The Property
This property comprises a downstairs WC, modern Kitchen and Lounge/Diner.
To the first floor, there are two bedrooms and a family bathroom. Additional benefits include private parking for two vehicles and an enclosed rear garden.
The Development
Coningsby offers a range of shops, takeaways and pubs. Healthcare is on hand, with a doctor and dentist in the village, while connections are very convenient via the A153.
Why Choose Shared Ownership in Lincolnshire?
Shared Ownership is ideal if you're unable to buy a home on the open market - it provides the opportunity to buy a share in a property on a part buy/part rent basis, meaning you pay rent on the part you don't own.
Over time, you can then buy more shares in the property via a process known as staircasing. This can be done at any time, meaning you have complete flexibility over your own home ownership.
With Shared Ownership, deposit amounts are typically lower than purchasing a property on the open market and the combined cost of mortgage payments - plus rent - is often cheaper than privately renting in the area.
To take advantage of the Shared Ownership scheme, the following criteria must be met:
You must have a maximum annual household income of ?80,000.
One of the following statements must also be true:
You're a first-time buyer
You used to own a home but can't afford to buy now
You're forming a new household - typically after a relationship breakdown
You're already part of the Shared Ownership scheme but want to move*
You own a home and want to move but can't afford the new home that meets your needs*
*if you already own a home, in order to apply for Shared Ownership, you must be Sold Subject to Contract
Homes at this development can be purchased between 25% - 75% of the property's full market value. You are able to buy more of your home through the Staircasing process, please contact us to discuss your options.