Last chance to buy at Shared Ownership development near Grimsby
Home seekers near Grimsby have the final chance to snap up a Shared Ownership home, with one plot remaining at a popular development.
Bishops Grange in Laceby sits at the northern tip of the Lincolnshire Wolds, and has helped to meet the increased demand for affordable routes onto the property ladder in the county, with the three-bedroom homes at the development proving to be very popular.
Platform Home Ownership has provided a variety of charming homes at the development, in collaboration with renowned housebuilder Allison Homes, all available through the affordable Shared Ownership scheme.
Shared Ownership allows homebuyers to purchase a share of their home and pay rent on the remaining amount, typically buying between 10% and 75% of the property’s full market value, depending on the model purchased with.
This lowers the amount needed for a deposit, with most deposits on Shared Ownership schemes between 5% and 10% of the share and not the full amount.
Platform has seen an increase in popularity in the Shared Ownership scheme. In fact, the start of 2024 saw a 152% sale increase when comparing to last year, owing to the increase in popularity of the scheme in a time of economic uncertainty.
Bishops Grange has provided families, downsizers, commuters and more home seekers to secure their dream, contemporary home through a more accessible method, with modern fittings and added space for remote working meaning their home is well equipped for the future.
Through the process of staircasing, those using Shared Ownership can gradually increase the amount of their home that they own.
The sole remaining home style available to purchase at Bishops Grange is the three-bedroom Rothwell home style, a spacious semi-detached home ideal for a variety of home seekers and available for £75,600 for a 35 per cent share value.
This modern property enjoys stunning views of the Lincolnshire countryside, and opens up into a welcoming hallway, and an open-plan ground floor. To the front, the Rothwell boasts a large living area for entertaining guests, opposite a modern, fully-integrated kitchen-diner, with a downstairs bathroom and storage area completing the ground floor.
The home is fitted with central heating and double-glazed windows, while there is allocated parking on the driveway and a 10-year build warranty, all of which comes as standard with all Platform Home Ownership properties.
Laceby is ideally situated on the A46, and is only 16 miles from the M180, which offers links to Hull, Scunthorpe, and Humberside. Grimsby is also home to Grimsby Town Station offering various links to places such as Liverpool, Lincoln, and Manchester.
Primary schools close by to Bishops Grange include Stanford Junior and Infant School which is just one mile away, and Laceby Acres Primary School which is just over three miles away. Grimsby and Market Rasen offer a range of secondary schools and higher education centres, such as Havelock Academy and De Aston School.
Victoria Warrilow, Sales Consultant at Platform, said: “Bishops Grange has helped to meet the heightened demand for further affordable means of owning a home in Lincolnshire, where home ownership had become a distant dream for a lot of people.
“We’re really pleased to have found the solution for so many home seekers, who have settled into their dream property with the benefit of a great location around them.
“Laceby is a great place to live, and we don’t expect the Rothwell to be on the market for too much longer. I’d recommend getting in touch with our friendly sales team to avoid missing out.”
For further details on Bishops Grange and the Rothwell, visit https://www.platformhomeownership.com/development/bishops-grange or call the team on 0333 200 7304.