Ongo have just one shared ownership home left at Lodge Lane in Nettleham. This lovely 3 bedroom semi detached house could be ideal for you. Applications to ongo homes by February 22nd 2019.
The property briefly comprises of two double bedrooms and one single bedroom, large open plan living/dining room, stylish kitchen with integrated appliances, cloakroom and bathroom. Outside there is an enclosed rear garden and off road parking.
This property is available as part of a shared ownership scheme only. Shared ownership is delivered by Ongo to help people buy their own home who might not be able to afford it otherwise.
An affordability assessment will determine what share you can afford ranging from 50% - 75% of the market value, using a deposit and paying a mortgage in the usual manner. Rent is also paid on the remaining percentage of the house that Ongo still own a share of. You can then build up your share to eventually own 100%.
The purchase price for a 50% ownership would be £100,000. The rent for a 50% shared ownership would be £229.17 per month.
Service Charges (monthly): Management and Administration Fee: £13.33. Buildings Insurance £8.93. Estate Maintenance: Tbc
In the village of Nettleham you will find a number of food outlets, library, convenience store and hair salon. There is a local Church of England Junior school in the village which has been rated as Good' by Ofsted. It is a great location for the A15 and there are also a number of bus routes.
Less than two miles away is a large Asda supermarket, a Waitrose and a number of other food outlets, shops and facilities. There is plenty to do in the nearby city of Lincoln which has many entertainment facilities including theatres, cinema, live music venues, bars and restaurants along with lots of cultural areas of interest such as the famous Lincoln Cathedral, Lincoln Castle and several museums and galleries. Lincoln is also a university city, with the main university building located on the popular Brayford Pool, which again has many eateries and hotels nearby. Living in Nettleham really does give the best of both worlds. The peace and tranquillity of village life, just a stones throw from a vibrant, thriving city.
This home includes:
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