£90,000

3 bed semi-detached house for sale
Greenstone Close, Mareham-Le-Fen PE22

    • 3 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

Shared ownership
Leasehold
Added on 30/01/2026

About this property

  • Quote Ref: 726505 when calling

  • 50% Shared Ownership available via the Government scheme

  • £90,000 for a 50% share (full market value £180,000)

  • Deposit from as little as £4,500* (subject to lending criteria)

  • Option to staircase up to 75%, with freehold on 100% ownership

  • Generous west-facing, lawned and fenced rear garden

  • Private parking for added convenience

  • Ideal for first-time buyers or families seeking an affordable home

  • Nearly new home, built in 2024 and presented in walk-in condition 8 Years New Home Warranty Remaining

  • Monthly rent £217.8, Monthly lease mgt fee £27.61, Building insurance £6.84

Built in 2024 and benefitting from approximately eight years remaining on the structural new home warranty, this immaculately presented three-bedroom semi-detached home offers the reassurance of a new build - with the advantage of completed finishes and immediate availability.

Available on a 50% shared ownership basis with a deposit from as little as £4,500 (subject to lending criteria), the estimated combined monthly outgoings (mortgage plus rent) are in the region of £650–£750 per month - representing outstanding value for a modern three-bedroom home.

Unlike many shared ownership properties on new developments, there is no service charge, helping to keep monthly costs clear and manageable.

Extending to approximately 764 sq ft, the accommodation is thoughtfully designed to maximise natural light and everyday practicality. The bright living room features French patio doors opening onto the generous west-facing rear garden, creating an inviting space ideal for relaxing or entertaining. The home is fully carpeted and stylishly decorated throughout, including attractive panelled feature walls that add warmth and character beyond a typical new build finish.

The contemporary kitchen is fitted with integrated appliances, while gas central heating and hot water are provided via a combi boiler for efficient and familiar comfort.

Externally, the property benefits from private parking for two vehicles and a fully enclosed, turfed rear garden enjoying afternoon and evening sunshine - ready to enjoy without additional landscaping expense.

Located on Greenstone Close within the popular village of Mareham-le-Fen, the home enjoys a strong sense of community alongside attractive rural surroundings, while remaining conveniently placed for local shops, schools and nearby market towns.

The full market value is £180,000. Buyers may staircase up to 75%, and upon purchasing 100% ownership, the property becomes freehold.

This is an excellent opportunity to secure a nearly new, affordable home with long-term flexibility and genuine value in today’s market.

Early viewing is highly recommended.

A short, free and no-obligation affordability assessment is required prior to viewing

Mortgage calculator

Monthly repayment

£450 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Leasehold (998 years)

  • Service charge

  • Council tax band

    B

  • Ground rent

  • Ground rent date of next review

  • Shared ownership percentage owned

    50%

  • Shared ownership rent

    £271 per month

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