Summary - UNIT 1, LINMERE FARMSTEAD, HUCKETT STREET LU5 5GX
1 bed 1 bath Apartment
Affordable shared-ownership entry with parking and EV charging included.
• Shared-ownership example: 25% share £48,750 (Full value £195,000)
• 999-year lease term
• Estimated monthly service charge £100.40 (below average)
• Example monthly rent £335.16 at 25% share
• One allocated off-street parking space with EV charging point
• New-build specification: integrated appliances and vinyl flooring
• Gas central heating; BT fibre broadband available
• Brochure images are CGI; final finishes and sizes may vary
This ground-floor one-bedroom apartment at Linmere is a new-build shared-ownership home aimed at first-time buyers or those downsizing. It comes with a 25% share example price of £48,750 (full value £195,000), a long 999-year lease and an estimated monthly service charge of £100.40. The specification includes an open-plan living/kitchen with integrated appliances, wood-effect vinyl flooring and gas central heating.
Practical benefits include one allocated off-street parking space, a universal Type 2 EV charging point, BT fibre broadband and easy access to major road links for commuters. The development offers extensive landscaped green space and local amenities such as a Lidl, café and community hub, with nearby schools rated Good.
Buyers should note this is a shared-ownership leasehold property: you will pay subsidised rent on the unsold share (example monthly rent £335.16 at 25% share) and purchasing further shares will be subject to an affordability assessment. Imagery in the brochure is CGI; final finishes and exact measurements may vary. Service charge and other costs are estimates.
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