Summary - 48 BOURNE ROAD COLSTERWORTH GRANTHAM NG33 5JF
2 bed 2 bath Terraced
Affordable shared-ownership starter near Grantham and strong commuter links.
New build 2-bed home with 10-year new home guarantee
Plot 46 at Newton Meadows is a newly built two-bedroom home offered through shared ownership, making entry to the market achievable for many first-time buyers. The house includes a fitted modern kitchen, two bathrooms, private turfed garden and parking for two cars. Energy-efficient features include double glazing, a high-efficiency boiler and high-performance insulation, and the build benefits from a 10-year new home guarantee and a 250-year lease.
Shared ownership means you can buy 40%–75% of the full market value (examples: 40% mid-terrace from £84,000) and pay rent on the remaining share; rent and management/service charges apply and staircasing to full ownership is possible. Typical monthly rent on the unsold share is shown in the developer literature and service charges are payable (management/estate charges apply).
Practical considerations are clear: the house is compact at about 531 sq ft and best suited to buyers needing a small family home or affordable commuter base. Council tax banding will be set on completion. The location is a village-edge setting with good transport links to Grantham, Stamford and Melton Mowbray, fast broadband and excellent mobile signal, but local crime statistics are above average. Eligibility criteria apply (for example, combined household income under £80,000 and no current property ownership).
2 bedroom ground floor maisonette for sale in Stephenson Close, Colsterworth, Lincs, NG33 — £40,000 • 2 bed • 1 bath • 674 ft²
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2 bedroom semi-detached house for sale in Whinbush Drive, Grantham, NG31 — £76,000 • 2 bed • 1 bath • 596 ft²
4 bedroom detached house for sale in Queen Eleanor Avenue, Grantham, NG31 — £147,998 • 4 bed • 2 bath • 1344 ft²
2 bedroom semi-detached house for sale in Pastures Place, Corby Glen, Grantham, NG33 — £58,750 • 2 bed • 1 bath • 667 ft²
3 bedroom detached house for sale in Old Oak Close, Grantham, NG31 — £110,000 • 3 bed • 2 bath • 542 ft²
