Summary - 21 Lake Terrace LE13 0BZ
2 bed 1 bath Semi-Detached
Affordable first step with parking, garden and long lease.
50% shared ownership available at £110,000 for the share
Monthly rent on remainder: £252.08; no ground rent
Monthly service charge £39.26 (approx. £471.12 pa)
990-year lease; 10-year new home warranty included
Allocated off-street parking for two cars; enclosed rear garden
Predicted EPC B; gas central heating and double glazing
Area: town centre location with good schools and green spaces
Area records above-average crime; solid brick walls (insulation assumed)
A newly built two-bedroom semi-detached home on Lake Terrace offering an affordable route onto the property ladder via 50% shared ownership. The house comes with an enclosed rear garden, allocated off-street parking for two cars and a predicted Energy Rating B, keeping running costs lower than older stock. The property is available now and benefits from a 10-year new home warranty.
The purchase price shown is for a 50% share at £110,000; the remaining share carries a monthly rent of £252.08. There is no ground rent. A monthly service charge of £39.26 (circa £471.12 annually) applies. The long lease (990 years) and low council tax band B are practical advantages for first-time buyers.
This development sits within easy walking distance of Melton Mowbray town centre, good local schools and green spaces such as Melton Country Park. That proximity makes the house suitable for buyers seeking convenience to shops, transport links and community amenities. Note the area records above-average crime and a local employment profile described as primary sector workers, factors to consider when assessing location fit.
Internally the specification is modern and straightforward: fitted kitchen with integrated oven and hob, vinyl flooring, a bathroom with shower-over-bath and ceiling tiling. The property is built with double glazing and gas central heating. The walls are described as solid brick (insulation assumed absent), so buyers should consider future insulation or energy upgrades if desired.
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