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2 bedroom apartment for sale

Available

Nottingham One, Entrance D Canal Street, NG1 7HT

£83,250 · Shared Ownership Resale

Share percentage 45%, full price £185,000, £4,163 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£83,250 Shared Ownership Resale

Share percentage 45%, full price £185,000, £4,163 Min Deposit

Monthly Cost: £996
Rent £227, Service charge £305, Mortgage £464*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Summary

A 2 bed shared ownership property available in Nottingham, Nottinghamshire

Description

This bright, well-decorated two-bedroom apartment is now available in Nottingham through Shared Ownership.

The property on the first floor comprises an entrance hall with storage, a spacious living room with a modern open-plan kitchen, two bedrooms and a bathroom.

Outside, there is a private balcony and allocated parking. Perfect for couples and small families.

Available for £83,250 for 45% share based on the marketing figure of £185,000.

Monthly rent - £226.80
Monthly Service Charge - £304.76
Total Monthly Charge - £531.56 plus mortgage required for 45% share.

An annual rent increase takes place every April

Location

The property is within walking distance of Nottingham City Centre, approximately 8-10 minutes away. There are also lots of bars, restaurants and shops nearby.

The area is well-served by transport links; Nottingham Rail Station, Nottingham Bust Station and Tram Hub located within 5 minutes walking distance.

Lease information

Years remaining on lease: 109

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 apartment
  • Modern kitchen
  • Private balcony
  • Allocated parking
  • Available for 45% share
  • 5% minimum deposit only
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Nottingham (0.20 miles) Netherfield (2.82 miles) Carlton Station (2.91 miles)
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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£83,250
Shared Ownership Resale
Estimated Monthly Cost:£996
Rent £227
Service Charge £305
Mortgage £464

Share percentage 45%, full price £185,000, £4,163 Min Deposit. Calculated using a representative rate of 5.03%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.