Sherwood Grange, Bilsthorpe
Sherwood Grange is a delightful new Community of 2, 3 and 4 bedroom homes
Sherwood Grange Bilsthorpe is the perfect place to call home as here you’ll be able to enjoy a whole new lifestyle in a high-quality contemporary home with all the amenities you need close by, in an area with plenty of attractive open spaces, a wide choice of shops, schools and other facilities. You’ll also benefit from good road and rail links, making both work and leisure more convenient.
At Sherwood Grange, you can choose a beautiful two or four-bedroom house, designed to exacting standards. And through the government-backed shared ownership scheme, you could be getting a foot on the property ladder more quickly than buying a home outright. If you can’t afford all of the deposit and mortgage payments for a home that meets your needs, shared ownership offers you the chance to buy an initial share of your home based on its market value and then pay rent on the remaining share — helping you to get on the property ladder more quickly than buying a home outright.
At Sherwood Grange, you can purchase an initial share of your home between 25% and 75% of the property’s value and pay rent on the rest. Even better, because you are buying a share of the property, the deposit you need to have saved is smaller too. If you wish to in the future you can decide to buy further shares in your home in stages or all at once, this is called staircasing. This will reduce the rent you have to pay, and you can increase your share gradually until you own 100% of your home.
Units
3 Beds: 2Development Downloads
BrochureProperties within this development
Share percentage 30%, full price £209,000, £3,135 Min Deposit.
Monthly Cost: £732
Rent £335,
Service charge £48,
Mortgage £349*
Calculated using a representative rate of 5.03%
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