3 bedroom house for sale
Edwalton Fields, Rose Way, NG12 4JE
Share percentage 50%, full price £374,995, £9,375 Min Deposit.
Share percentage 50%, full price £374,995, £9,375 Min Deposit.
Monthly Cost: £1,519
Rent £430,
Service charge £45,
Mortgage £1,044*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You are eligible to purchase a Home Reach property in England or Wales if:
Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)
You have a deposit (at least 5% of the share value)
You are a first-time buyer or used to own a home, but cannot afford to buy outright now
The shared ownership property will be your principle and only home
You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.
Household minimum income must be above £51,262
Summary
The Eveleigh - A fantastic 3-bedroom home
Description
* Home Ready Now - Flooring Included! *
Whether it's your first home, or your next home, the Eveleigh is designed for modern living. From the ensuite shower room to the principal bedroom, to the kitchen diner which has space for cooking and entertaining.This brand-new home has three bedrooms upstairs, two are doubles and the third is a single-sized room, and could easily double up as an office space if / when working from home.
Being built using modern construction methods, the Eveleigh is energy-efficient and buyers can expect to pay less for their energy consumption compared to buying a similar-sized older home.
Edwalton Fields is a collection of brand-new homes located on the outskirts of Nottingham. The development is a growing community with new and established local shops right on your doorstep. There are also lots of local wildlife and environmental initiatives including the installation of a Hedgehog Highway and Bat Boxes.
Key Features
* 2-bathrooms and a downstairs cloakroom
* Open-plan kitchen / diner
* Symphony Koncept range kitchen
* Flooring included!
* Home ready to move into
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Map
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 50%, full price £374,995, £9,375 Min Deposit. Calculated using a representative rate of 5.03%
