2 bedroom house for sale
10 Owl Lane, Calverton, NG14 6SY
Share percentage 50%, full price £205,000, £5,125 Min Deposit.
Share percentage 50%, full price £205,000, £5,125 Min Deposit
Monthly Cost: £848
Rent £235,
Service charge £42,
Mortgage £571*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Summary
New 2 bedroom house in the Forest View Development. The price advertised represents purchasing a 50% share of the home.
Description
New 2 bedroom house in the Forest View Development. The price advertised represents purchasing a 50% share of the home.
About the Development
Forest View is a brand new development of homes situated within Calverton. In a great location to the north of the village, within easy walking distance of the shops, pubs and schools, Forest View offers an ideal base from which to enjoy the local community and the surrounding area.
About the Home
This brand new, 2 bedroom home features WC off the entrance hallway, with door into the living room; which leads to the rear kitchen/diner featuring patio doors to the garden.
The first floor features two double bedrooms with family bathroom. This home also has allocated parking and a rear private garden.
About the Area
Seven miles southwest of Calverton is Nottingham, with all its attractions and facilities. The historic city has all bases covered, from big-name brands in the Victoria Centre to the elegant glass domes of The Exchange arcade, to the dozens of restaurants, cafes and bars in between. The impressive Market Square is a great meeting place from where you can explore the many museums and cultural attractions, or hop on one of the trams that connect the points of the city.
Calverton is a golfer's paradise, with three clubs within a 10 minute drive. There are also some beautiful walks and viewpoints just beyond the village, or the leisure centre just a couple of minutes' walk from the development. On rainy days you could visit the Folk Museum in Calverton, Patchings Art Centre, or one of the many cultural attractions in Nottingham.
Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&Cs
*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.
Key Features
- Downstairs WC
- Allocated parking
- Flooring throughout
- Good storage
- Kitchen/dining
- Service charge applicable
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £205,000, £5,125 Min Deposit. Calculated using a representative rate of 5.03%
