Move into a fabulous brand new 2 bedroom mid terrace home on Taylor Wimpey’s new build development, Lamberts Place in Stamford, Lincolnshire. This home is available now on a Shared Ownership basis with Sage Housing.
Set just on the edge of Stamford, offering easy access to the A1, and yet still within easy walking distance of the Town centre, Lamberts Place offers access to fantastic amenities including Supermarkets, Coffee Shops, Bars and Restaurants and excellent primary and secondary school located nearby options. There are also numerous leisure facilities locally including Rutland Water fantastic for walkers and water sports activities .You will find prestigious Burghley House with its many annual events.
Lamberts Place features the award winning Heritage collection and offers an excellent opportunity for both First Time Buyers and buyers just looking for an affordable new home.
This home has a full market value of £210,000 and is available to buy with a deposit of just £4,200*. (*Deposit shown is based on purchasing a 40% share with a minimum 5% deposit).
About the area
Stamford is a delightful Georgian Market Town.
It offers excellent facilities including individual shops and boutiques, several major supermarkets, a vast choice of cafes, wine bars, pubs, hotels and restaurants, an Art Centre and Cinema, Leisure Centre, Train Station with regular daily services between Birmingham and Stansted Airport via Peterborough (London Kings Cross approx 1 hour). It is ideally located with easy access to the A1 with onward links to the major motorway network.
About the home
A composite front entrance door leads into an entrance hall, having access to kitchen at the front of the property, downstairs W/C, under stairs cupboard and lounge to the rear.
First floor comprising of 2 large double bedrooms, one to the front and one to the rear of the property. The family bathroom is central of the property.
Lounge - 4.75m x 3.24m (15'7" x 10'7")
Kitchen - 3.08m x 2.75m (10'1" x 8'5")
Bedroom one - 4.75m x 3.43m (15'7" x 11'3")
Bedroom two - 4.75m x 3.24m (15'7" x 10'7")
Pricing and Affordability
The share options below are based on the full market value of £210,000
* 25% share (£52,500) Rent (£360.94)
* 40% share (£84,000) Rent (£288.75)
* 50% share (£105,000) Rent (£240.63)
* 75% share (£157,500) Rent (£120.31)
Plus, you will pay a service charge of approximately £47.91per month.
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent you did not purchase. The combined mortgage and rent is usually less than you would expect to pay if you bought a similar property outright.
At Lamberts Place, you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you are ready, you can buy more shares until you staircase to owning 100% of your home.
Goodwins are selling the homes on Lamberts Place development on behalf of Sage Housing. Sage Housing is a Registered Provider committed to providing high quality affordable homes across England. Read more