Initial price	£162,500
12/04/24	£81,250
Price Change	-50.00%

This brand new semi-detached house is available to buy through Shared Ownership at Barleywoods, a new development in Oakham, Rutland. The home has accommodation including an entrance hall, cloakroom, spacious lounge/diner, separate kitchen, three bedrooms, bathroom, and garden, and is priced from £81,250 with a 25% share. The development is located close to local amenities and Rutland Water, with Oakham railway station just a few minutes' drive away, providing regular services to Birmingham, London Stansted, and Cambridge. The property is eligible for Shared Ownership, which allows first-time buyers and those who do not currently own a home to purchase a share in a new build or resale leasehold property, with the option to buy more shares and eventually own 100% of the home. To be eligible, buyers must meet certain criteria, including an annual household income of no more than £80,000 and a deposit of at least 5% of the share value. The minimum share that can be purchased at Barleywoods is 50%, with the option to buy more shares up to 75%.