Shared ownership for sale - Two bedroom homes available to purchase from a 50% share at £132,500 with a deposit of £6625. Full market value £265,000. Call today to register your interest, we are now taking reservations.
We have six two bedroom homes available with this scheme and are situated on the popular development of Edwalton Park based in Edwalton, Nottingham. The properties are currently under construction and are estimated to be completed November/December 2023.
This well designed semi-detached house briefly comprises of an entrance lobby, downstairs cloakroom, kitchen diner, lounge, first floor landing, two bedrooms and a large family bathroom. Outside the property benefits from two allocated parking spaces and a secure turfed rear garden.
Flooring is also included, vinyl wood effect to kitchen, cloakroom and bathroom. Wool twist pile carpet to living room, hallway, stairs, landing and bedrooms.
Financial Breakdown:
Full market value: £265,000
50% share value: £132,500
5% deposit: £6625
Rent charged on un-owned share: 2.75%
Monthly Rent on un-owned share (50%) £303.65
Monthly Estimated service charge: £73.69
The area boasts perhaps the best range of amenities outside of the city with a wide selection of shopping. It is ideal for the Trent Bridge Cricket Ground and River Embankment near to Trent Bridge; The Holme Pierrepoint Country Park is also a stone's throw away.
There are also excellent transport links into West Bridgford and Nottingham.
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
- Shared Ownership Property
- Listing is based on a 50% share
- New Property
- 2 Bedrooms
- Semi-detached
- Garden
- Two Allocated Parking Spaces
- Popular Location
Posted 19/09/23, views 1
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