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Available

Wolsey Road - Coalville, Leicestershire

Wolsey Road, Coalville, Leicestershire, LE67 3TR

£86,000 - £102,000

Affordable homes exclusive to Midland Heart
2 Bedroom Semi-detached Houses - £86,000
3 Bedroom Mid Terrace Houses - £100,000
3 Bedroom Semi-detached & End Terrace Houses - £102,000
Conveniently located close to Coalville town centre
Available on the new Shared Ownership scheme with a 990 year lease

A selection of Brand New homes available to buy on Shared Ownership. Located in the market town of Coalville, close to the town centre. Great central location for all local amenities including shops, pubs, restaurants, schools, recreational facilities & easy access to the A511.

The Prices advertised are 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.

Fixtures & Fittings we include

Oven, Hob & Hood
Downstairs WC
Bathroom with shower over bath
Gas-fired central heating
Flooring/carpets throughout
Turfed rear gardens
Allocated parking

Prices and Shares

2 Bedroom Semi-detached £215,000 (100%)
40% share £86,000 Rent = £295.63

3 Bedroom Mid Terrace £250,000 (100%)
40% share £100,000 Rent = £343.74

3 Bedroom Semi-detached & End Terrace £255,000 (100%)
40% share £102,000 Rent = £350.63

Plus the following monthly charges:
Management Charge: £22.00
Buildings Insurance: 2 Bed £13.42; 3 Bed £15.32
Estate/Service Charge: To be confirmed

*Our homes for Shared Ownership are advertised at 40% although other shares are available upon request. There are opportunities to buy more shares to own 100% of the property in the future.

Tell me more about shared ownership

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...

Shared ownership

Am I eligible?

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.

Any questions?

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.

Tell me more about the local area

Coalville is located in north west Leceistershire, in the heart of the National Forest. This busy market town offers a range of amenities including shops, schools, cafes, pubs & restaurants, & recreational facilities.

The town lies on the A511 road between Leicester and Burton upon Trent, close to junction 22 of the M1 motorway.

Site Plan

pdf - 368Kb

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New Shared Ownership Lease

pdf - 3711Kb

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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.

Additional information

All interested parties are required to check they meet the criteria for Shared Ownership as set out at GOV.UK.

The Price advertised is for our target share of 40% and is for illustration purposes only (to give an indication of the cost of purchase, rent, etc); 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.

Buyers will be considered on first come first served basis (assuming affordability, proceed ability & sustainability checks are met). Buyers need to demonstrate maximum affordability which will be determined via a Mortgage advisor prior to any agreed sale.

Amount advertised is subject to change. An additional monthly charge applies that includes rent, buildings insurance, estate and management charge but excludes any mortgage payment.

^Any Images/Photographs shown are for illustrative purposes only & represent a typical Midland Heart property at this development.

>Floor plans depict a typical layout of this house type and are for illustrative purposes only. Properties may also be built ‘handed’ (mirror image) of those illustrated. Midland Heart reserves the right to alter and change certain aspects of a property – for exact plot specification please request a viewing. These particulars do not form part of a contract or warranty.