3-bedroom terraced house · NG33 4NH
Listing removedListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rosedale Property Agents are delighted to offer for sale the 'Jacob' at Plot 162 Pastures Place, a three bedroom property available through the Home Reach Shared Ownership scheme – A perfect opportunity to step onto the property ladder.
Situated on the outskirts of the sought-after village of Corby Glen, this property combines the charm of countryside living with the convenience of having the A1 less than 5 miles away.
The house itself offers a modern interior, thoughtfully laid out with an open-plan kitchen/dining room, bright and comfortable lounge and contemporary finishes throughout.
Upstairs, all three bedrooms are well proportioned and there is a brand new, modern family bathroom.
Outside, you’ll find a South/Westerly aspect rear garden to the rear and off road parking to the front.
Corby Glen itself boasts a welcoming community atmosphere with local shops, pubs, schools and beautiful countryside walks, all while being within easy reach of the nearby towns Bourne and Grantham.
With shares available from as little as 25%, this is a fantastic opportunity to own your very own brand new home in a highly desirable location.
If you’re a first-time buyer, looking to downsize or are curious if this could be your best option, call our office to understand how the process works and to get your viewing booked in today.
THE PRICE SHOWN IS FOR A 25% SHARE OF THIS PROPERTY - FULL PRICE £250,000.
ENTRANCE LOUNGE 15' 1" x 14' 5" (4.60m x 4.39m) (approx.) (max.) KITCHEN 16' 2" x 9' 9" (4.93m x 2.97m) (approx.) (max.) CLOAKROOM BEDROOM ONE 15' 0" x 11' 9" (4.57m x 3.58m) (approx.) (max.) BEDROOM TWO 13' 5" x 7' 7" (4.09m x 2.31m) (approx.) (max.) BEDROOM THREE 9' 9" x 7' 1" (2.97m x 2.16m) (approx.) (max.) BATHROOM AGENT NOTE 1 This home is available with Home Reach Shared Ownership by Heylo Housing.
The price advertised is a 25% share of the full market value, other shares are available from 25% depending on buyer eligibility.
Please contact the sales team at Rosedale Property Agents to discuss shared ownership financial qualification, the application process and reservation.
The lease granted is for 999 years from 2025 The new owner will be liable to pay rent to Home Reach for the remaining share of the property that they have not purchased.
Rent is charged at 2.75% of the value of the remaining share that is owned by Heylo Housing. Full on market value - £250,000. 25% value - £62,500. Monthly rent for 25% share - £429.69.
Heylo charge a lease management fee. This is currently charged at £26.43 pcm. The Pastures, like many modern housing estates, has an estate management charge. This is currently £129.17 pa.
Rent and service cha...
AGENT NOTE 2 All buyers will be required to complete a Heylo shared ownership eligibility form and speak with our independent financial advisors pass the Home Reach credit checks.
The reservation fee is £99 and payable after the application checks have been done and the buyer has been approved. Household income cannot exceed £80,000 with a minimum household income is £12,000.
Buyers do not need to be first time buyers. Successful candidates must not own or be named on any other property at the time of completion/occupation of their new shared ownership home.
There is potential to buy larger shares of this property. If you buy a larger share, you will pay less rent (staircasing). There is also potential to buy up to 100% of your home.
At 100% ownership, the freehold will transfer to you.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Abbott Row, Corby Glen, Grantham, NG33
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