2 bed semi-detached house for sale

Forest House Lane, Leicester, Leicestershire LE3

Bright and well-presented two bedroom semi-detached house now available in Leicester through Shared Ownership.

The property on the ground floor comprises an entrance hall, open-plan living room and kitchen, a storage cupboard and WC. On the first floor, there are two bedrooms and a bathroom. Perfect for couples or small families.

Outside, the property benefits from two parking spaces, a private rear garden and front patio garden.

Disclaimer:

So Resi are marketing this property for sale on behalf of the landlord, ReSI Housing Limited.

All enquiries will be initially assessed by So Resi to confirm eligibility. Should you wish to proceed with the purchase, you will be required to complete an affordability assessment.

Information on the criteria and requirements for shared ownership can be found here:

Shared Ownership Eligibility & Affordability Criteria

To process and progress your application, your personal data may be shared with ReSI Housing Limited, Pinnacle Group (the managing agent), and the current shared owner, in accordance with our Privacy Policy.

If you would like a copy of our Privacy Policy, please refer to so Resi Privacy Policy or contact us directly.

Available for £96,000 for 40% share based on the marketing figure of £240,000.

Monthly rent - £324.13
Monthly Service Charge - £56.70
Total Monthly Charge - £380.83 plus mortgage required for 40% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Location

The property is situated to the west of Leicester with convenient access to transport links and local amenities.

Leicester train station approximately a 24 minute drive away. The station offers CrossCountry and East Midlands Railway services, with direct connections to Nottingham, Birmingham and Sheffield, while London St Pancras can be reached in around 1 hour and 11 minutes.

Several supermarkets are within a 6 minute drive or an 11 minute walk of the property. Fosse Shopping Park is also within easy reach, approximately 14 minutes by car, offering a range of retail stores, restaurants and larger supermarkets close by. Leicester city centre can be reached in around 23 minutes by car.

There are a number of parks and green spaces nearby, with some just a 5 minute walk away, providing excellent opportunities for leisure, recreation and outdoor activities.

Several schools can be found within a 12 minute drive, making this a great location for families with young children.

EPC rating

Energy rating band - B

Environmental impact band - A

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.