2 bed flat for sale

Burgess House, Leicester, Leicestershire LE1

Bright and modern two-bedroom apartment now available in Leicester through Shared Ownership.

The property comprises an entrance hall, a living room, an open-plan fitted kitchen, two bedrooms and one family bathroom.

Allocated parking space is available.

Available for £32,500 for 25% share based on the marketing figure of £130,000.

Monthly rent - £853.37
Monthly Service Charge - £186.82
Total Monthly Charge - £1,040.19 plus mortgage required for 25% share.

An annual rent increase takes place every April

Location

The property is in the heart of Leicester's city centre, with all amenities nearby and within walking distance.

There are also nearby canals and Abbey Park, allowing for peaceful natural surroundings as well as the urban environment.

Local highways and the motorways M1 and M69 are also nearby, allowing for easy travel outside the city.

EPC rating

Energy rating band - B

Environmental rating band - B

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.