£127,000

3 bed detached house for sale
Cholstrey Road, Leominster HR6

    • 3 beds

    • 2 baths

    • 1 reception

Just added
New home
Shared ownership
Leasehold
Added on 19/08/2026

About this property

  • Dreaming for Detached? Enquire about Shared Ownership

  • Large Corner Plot Position

  • Master En-Suite

  • Utility off of the Kitchen

  • Driveway for 2

  • Rare Plot on this Site

  • Pv Solar Panels

  • Perfect Hosting Home

Summary
Occupying an enviable corner position within the development, This detached home that combines space, style and practicality. With a bright open-plan kitchen/dining room, separate living room, en suite bedroom, private garden and parking, this is a home designed to grow with you for years to come.

Description
The Sherwood immediately stands out thanks to its detached design and prominent position, creating a greater sense of space around the property and an appealing street presence. For many buyers, it's these plots that are often the most sought after, offering a little more breathing room and a setting that feels distinct from the surrounding homes.

Stepping inside, the home has been carefully designed for modern living. The spacious kitchen and dining room forms the heart of the property, providing an inviting space for everything from busy weekday breakfasts to relaxed evenings with family and friends. French doors open onto the garden, helping to fill the room with natural light. Complementing the open-plan kitchen is a separate living room positioned to the front of the home.
Upstairs, the principal bedroom benefits from its own en suite shower room, while two further bedrooms and a family bathroom provide comfortable accommodation for family members, guests or those requiring a dedicated study space. The layout has been thoughtfully arranged to support both everyday life and future flexibility as needs change.

Pricing Example
Full market value - £317,500
Share price based on 40%
Share price - £127,000
Estimated Rent per month (inclusive of service charges) £516.56
Lease term 999 years
Minimum deposit required £5550

What Is Shared Ownership?
Shared Ownership is a government-backed scheme designed to help people who cannot afford to buy a suitable home outright.

It's often described as part-buy, part-rent:
"You buy a share of your home (usually between 10% and 75%)
"You pay rent to the housing association on the share you don't own
"You're an owner-occupier and hold a lease on the property

Benefits Of Shared Ownership
A lower deposit and mortgage compared to buying outright
The opportunity to increase your share over time (known as staircasing)
More security than private renting
The chance to benefit if your home increases in value

Shared Ownership Eligibility:
Your household income is £80,000 or less
You cannot afford to buy a suitable home on the open market
You have a good credit history and enough savings for a deposit (usually 5-10% of the share you're buying)
You can afford the ongoing costs of owning a home

Existing homeowners may still be eligible, but you'll normally need to be selling your current home and show that it doesn't meet your needs.

Measurements:
Living Room - 12'3" x 11'8"
Kitchen / Dining - 18'2" x 9'4"
Bedroom 1 - 12'3" x 10'5"
Bedroom 2 - 9'5" x 9'3"
Bedroom 3 - 9'5" x 8'6"

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Mortgage calculator

Monthly repayment

£635 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 (999 years)

  • Service charge

    £960 per year

  • Council tax band

  • Ground rent

    £0

  • Ground rent date of next review

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Connells - Hereford

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