Poppyfields - Barrow Upon Soar, Loughborough
Poppyfields, off Melton Road, Barrow Upon Soar, Loughborough, Leicestershire, LE12 8YU
£114,000 for a 40% share
- 3 Bedroom Terrace houses - Plots 188 + 189
- £114,000 for a 40% share
- Cul-de-sac location
- Sought-after village location between Leicester and Loughborough
A small number of homes on a new Jelson Homes development called Poppyfields in the sought after village of Barrow Upon Soar, less than 4 miles from Loughborough. This charming village offers a thriving community with extensive shopping facilities, eateries and public houses. Ideally situated just off the A6 in between Leicester and Loughborough.
The Price advertised is for a 40% share, it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability. There are opportunities to buy more shares to own 100% of the property in the future.
Oven, Hob & Hood
Downstairs WC
Bathroom with shower over the bath
Gas-fired central heating
Flooring/carpets throughout
Turfed rear gardens
Allocated parking
3 Bedroom £285,000 (100%)
40% share* = £114,000 Rent = £391.88
Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: £15.32
Estate/Service Charge: £23.55
*The Price advertised is for a 40% share, it is not the minimum or maximum that is available for purchase. Other shares are available upon request & will be based on affordability, proceed ability & sustainability.
There are opportunities to buy more shares to own 100% of the property in the future.
This is a government-backed scheme where you buy a share of your home and pay rent on the remaining share. The share you can buy will range between 10% and 75%, depending on the development and what you can afford.
This means you’ll need a smaller mortgage and deposit to get you started. Click this button to find out more...
You may be eligible for Shared Ownership with Midland Heart if:
You have a gross household income of no more than £80,000 per annum.
You are unable to purchase a suitable home to meet your housing needs on the open market.
You do not already own a home or you will have sold your current home before you purchase.
You have cash funds to purchase an initial share or the ability to raise a mortgage for the share. You will need a minimum 5% deposit for a 95% mortgage.
Have been in continuous employment for at least 12 months (if you require mortgage).
If you are Self employed, you are able to provide 2 years full accounts.
You must be ready to proceed with a purchase in the next 12-15 weeks.
Have a good credit history* including:
- No outstanding CCJ’s or defaults that remain outstanding
- No history of rent arrears
- No Debt Management plans, IVA’s or bankruptcy that remains outstanding
*If you decide to purchase a home with us, you will then be required to provide a Check My File credit report.
The best way to get in touch is to email sales@midlandheart.org.uk.
You can also call us on 0800 44 55 67.
To register an interest, please complete the ‘Register With Us’ form.
The Poppyfields development is situated on the edge of the sought-after village of Barrow upon Soar, less than 4 miles from Loughborough. This charming village offers a thriving community with extensive shopping facilities, eateries and public houses. The river Soar runs past the village and offers attractive walks and wildlife. The nearby town of Loughborough has a large shopping centre, cinema and leisure centres.
Barrow Upon Soar has its own railway station on the Loughborough/Leicester line and is ideally situated just off the A6 in between Leicester and Loughborough. The location also offers easy access to the M1 motorway.
3 Bedroom Floor Plan
pdf - 65Kb
Site Plan : Plots 188-190
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A typical Shared Ownership property with Midland Heart
Take a look at one of our shared ownership properties
To register your interest please complete form below.
Please ensure that you have read the 'Am I eligible?' section above before registering.