2 bedroom house for sale
Mountain Ash Crescent, Edwalton, NG12 4GS
Share percentage 45%, full price £265,000, £5,963 Min Deposit.
Share percentage 45%, full price £265,000, £5,963 Min Deposit.
Monthly Cost: £1,047
Rent £292,
Service charge £91,
Mortgage £664*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Edwalton, Nottingham
Description
Modern & spacious two-bedroom mid-terraced house now available in South Nottingham with Shared Ownership.
The property was built circa 2019 and comprises a wide living room, a separate kitchen and two large bedrooms upstairs. There are also two toilets, one per each floor.
There's also a large private garden at the back and driveways at the front, allowing two allocated parking spaces.
This could be ideal for a family.
Key Information Document
Available for £119,250 for 45% share based on the marketing figure of £265,000.
Monthly rent - £292.40
Monthly Service Charge - £91.12
Total Monthly Charge - £383.52 plus mortgage required for 45% share.
An annual rent increase takes place every April
LocationThis property is located in a contemporary residential development situated in Edwalton, which is to the south of Nottingham and adjacent to West Bridgford. These two areas are highly desirable locations in Nottingham, thanks to their sought-after school catchments and abundance of amenities.
The close entrance to the A52 highway also makes road travel convenient, also thanks to its access to the M1 motorway.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 118
In certain cases, 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.
Key Features
- Two-bedroom terraced house
- Modern building (2019)
- Private rear garden
- Two parking spaces
- Available for 45% share
- 5% minimum deposit only
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 45%, full price £265,000, £5,963 Min Deposit. Calculated using a representative rate of 5.03%
