3 Wells Close, North Scarle

£161,000
For Sale
1/13
£161,000
For Sale
Millie Todd
Trainee Sales Negotiator
01522 568822
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Property summary

Freehold
Affordable Housing Scheme
70% Market Value
2020 Construction
Semi Detached Home
Two Double Bedrooms
Driveway Parking & EV Charger
Highly Sought After Village Location
EPC Rating - B, Council Tax Band - A
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Millie Todd
Trainee Sales Negotiator
01522 568822

More about the property

An excellent opportunity to purchase this modern two-bedroom semi-detached home, offered through an affordable housing scheme in a highly desirable village location.

This property is classified as affordable housing, and prospective buyers must be approved by North Kesteven District Council in accordance with the eligibility criteria set out in the Section 106 agreement. The purchase price is fixed at 70% of the open market value, and a legal restriction ensures the property will always remain within the affordable housing scheme.

Built in 2020 by Bowthorpe Developments, the property forms part of an exclusive development of just nine traditionally constructed homes. The well-maintained accommodation briefly comprises an entrance hallway, a modern kitchen, a lounge diner, a cloakroom, two double bedrooms, and a family bathroom.

Externally, the property benefits from a block-paved driveway providing parking for two vehicles, along with an EV charger. To the rear, there is a beautifully maintained enclosed garden enjoying picturesque views over open fields.

The village of North Scarle offers a semi-rural setting, ideally positioned between Lincoln and Newark with easy access via the A46. Local amenities include a convenience store, a popular public house, and a well-regarded primary school.

Agent’s Note: We have been informed there is a management charge of approx. £325 yearly which covers the maintenance & upkeep of the small estate. 

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Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Property documents

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Broadband

Below is an estimate of broadband speeds and availability at this property. This data has been sourced from Ofcom and should only be used as a guide. For more precise speeds and availability consult a broadband provider. NB: Mbps = Megabits (or "meg") per second.

Standard: Download: 6 Mbps / Upload: 1 Mbps or less
Superfast: Download: 80 Mbps / Upload: 20 Mbps
Ultrafast: Download: 1800 Mbps / Upload: 220 Mbps

Stamp Duty Land Tax

Below is an illustration of the Stamp Duty Land Tax ("Stamp Duty") that would be payable, based on a set of assumptions. You should always check your stamp duty liability and any other costs due with your solicitor or conveyancer.

£720 would need to be paid in stamp duty on purchasing this property, assuming that you are purchasing freehold, purchasing as an individual (or jointly with someone else), and this will be your only property.

First Time Buyers may claim a discount (relief) on purchases of £625,000 and under.

The stamp duty for first time buyers would therefore be £0.

Accommodation

Entrance Hall
Kitchen
2.92 x 2.55m
Lounge
4.79 x 3.86m
WC
First Floor Landing
Bedroom 1
4.8 x 2.95m
Bedroom 2
3.89 x 2.57m
Bathroom
2.12 x 1.87m
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