Severn Meadows

Lydney, Gloucestershire G15 5FA


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Beautiful 2 & 3 Bedroom Houses in Gloucestershire

minimum share
40%
share value from
£90,000
full value from
£225,000
Overview
Features
Floor plans
Local area
Map
Affordability guide
Overview

FINAL PHASE OF TWO & THREE BED HOUSES NOW RELEASED!

Make yourself at home with a beautiful collection of 2 & 3 bedroom homes

The idyllic community features beautifully designed homes with real style and character. You’ll find generously proportioned open plan living areas and neutral décor, ready for you to add your own touch and flair.

Set on the edge of a quiet country town beside an area of outstanding natural beauty, Severn Meadows offers you a chance to enjoy the best of town and country in a home of your own at an affordable price. With easy commuter links, great views and all the amenities you need close at hand, this is a great place to put down roots.

Legal & General Affordable Homes is offering a unique opportunity to purchase a new home here through Shared Ownership. Thanks to this scheme, you can own your home with a lower deposit than is required to buy outright or with other buying schemes.

The final phase of homes will be available to move in Spring 2023.

For more information, please register or contact our Sales Consultants who will be delighted in helping you find your new home.


Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.

NB: Exterior images are from another development and are indicative of the Two Bedroom house styles. External finishes may vary, such as brick colour / render finishes / windows etc. Roof lines may also vary.

Eligibility Criteria

To be eligible for a home at Severn Meadows, you'll need to:
Have a gross household income of no more than £80,000 per annum
Be unable to purchase a suitable home to meet your housing needs on the open market
Not already own a home in the prior 12 months before you purchase
Be living / working in the defined local Forest of Dean area
Features

Explore the highlights of Severn Meadows

Stainless steel multi-function oven, hob & Stainless steel chimney hood
Paved patio area
Turf to rear garden & 1.8m high timber fencing
Two parking bays per property
NHBC 12 Year Building Warranty
Floorplans

Explore the layout of Severn Meadows

Select Bedrooms

Select Plot Number

Local area

Affordable homes in an idyllic semi-rural location near the Forest of Dean

Surrounded by natural beauty, living at Severn Meadows in Lydney means you’ll never tire of all the wonderful outdoor activities to explore. Numerous bike and walking trails through the Forest of Dean provide the perfect weekend activity.

Lydney is great for sports too, with a local swimming pool, gym, football, hockey, rugby and a cricket club which has launched some impressive international careers. The elegant towns of Cheltenham and Chepstow are nearby (ideal for horseracing fans) and Gloucester is just around the corner with a magnificent cathedral, museums, coffee houses, bars and restaurants.

The Gloucester Quays shopping centre is a shopper’s paradise with a wide range of fashion shops, together with a multi-screen cinema. Gloucester has a thriving arts scene with a choice of theatres, galleries and live music venues, while book lovers will love the annual festival at Hay-on-Wye. What’s not to love?

There’s a station in Lydney itself with a direct service to Gloucester that takes just 20 minutes and you can get from Gloucester to London in under two hours. The A48 bypasses Lydney and offers quick road links to Gloucester in the north and Bristol in the south. It also links you to the M4 and national motorway network, offering simple and straightforward journeys to the towns of South Wales, the south west and Midlands.

You might be living in the middle of the countryside, but you’re connected to everything that matters.

For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.

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Nearby amenities

GP Surgery
0.7 miles
Supermarket
0.7 miles
Primary School
1.1 miles
Hospital
1.2 miles
Children's Nursery
1.5 miles
Leisure Centre & Pool
1.5 miles
Lydney Golf Club
2.1 miles
Lydney Train Station
3 miles
Map

Explore the location of Severn Meadows

Display local points of interest

Schools Transport links Restaurants and bars Leisure facilities Shops Parks

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Affordability guide

Estimate Household Income

When looking for your new home, it’s important to understand what you can afford. To help get an idea of the estimated affordability for a home on this development, you can apply the 40% net income approach. In simple terms, this means that a household should not spend more than 40% of their household income to pay for their mortgage, rent and service charge.

2 Bedroom £36,116* 3 Bedroom £40.032*"

As a rough estimate, the graphics above suggests the household income required to purchase; however, people with a lower income may be able to secure a property if they have a larger deposit. (i.e. if you have a larger deposit saved, where you have higher savings, your household income can be lower than the figure quoted above).

*2 Bed based on a £90,000 for a 40% share

**3 Bed based on a £100,000 for a 40% share

How it works

Shared Ownership is a government-backed scheme which allows first-time buyers – or those who do not currently own a property – the opportunity to purchase a home at a more affordable price.

Affordability Guide graphic for Shared Ownership from Legal And General Affordable Homes based on a 5 percent deposit and a 40 percent share value.

The Shared Ownership scheme is simple – you buy an initial share of  between 40% and 75% of the homes full value and pay a subsidised rent on the remainder.

You may purchase further shares (up to 100%) as your circumstances change, should you choose to.

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We’ll keep you informed with all the latest news and updates about this scheme. In the meantime, check out our other properties that we have available or coming soon.

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