2 bedroom house for sale
Woodpecker Close, Nottingham, NG2 7YX
Share percentage 35%, full price £265,000, £4,638 Min Deposit.
Share percentage 35%, full price £265,000, £4,638 Min Deposit.
Monthly Cost: £927
Rent £351,
Service charge £59,
Mortgage £517*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Nottingham, Nottinghamshire
Description
Modern, bright & spacious two-bedroom semi-detached house now available in Nottingham through Shared Ownership.
The property comprises a wide living room with patio doors to the private large back garden, a great sized master bedroom and single bedroom which can be used as an office space. This could be ideal for a couple or small family.
There is allocated parking at the front of the property.
Key Information Document
Available for £92,750 for 35% share based on the marketing figure of £265,000.
Monthly rent - £351.10
Monthly Service Charge - £58.56
Total Monthly Charge - £409.66 plus mortgage required for 35% share.
An annual rent increase takes place every April
Layout and dimensionsGross internal floor area: 57 m²
Reception room: 3.99 x 2.76 m
Kitchen: 2.84 x 1.83 m
Bedroom 1: 4.01 x 3.05 m
Bedroom 2: 4.01 x 2.26 m
Lease informationYears remaining on lease: 121
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
EPC ratingEnergy rating band - B
Environmental impact band - B
Other informationKey Features
- Two bedroom semi-detached house
- Allocated parking
- Local amenities
- International sports grounds and gyms close by
- Large private garden
- 35% share available
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 35%, full price £265,000, £4,638 Min Deposit. Calculated using a representative rate of 5.03%
