2 bedroom house for sale
9 Fottitt Place, Bingham, NG13 7DA
Share percentage 50%, full price £245,000, £6,125 Min Deposit.
Share percentage 50%, full price £245,000, £6,125 Min Deposit
Monthly Cost: £1,013
Rent £281,
Service charge £50,
Mortgage £682*
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 bungalow on the Romans Quarter development. The price advertised represents purchasing a 50% share of the home.
Description
New 2 bedroom bungalow on the Romans Quarter development. The price advertised represents purchasing a 50% share of the home.
Start building your future ~ the affordable way ~ with Shared Ownership
About the Home
This home offers open plan living kitchen/dining room with French doors to garden, two bedrooms, bathroom & storage areas. Allocated parking, enclosed rear garden and flooring throughout.
About Shared Ownership
Shared Ownership enables you to buy a share of a home with a mortgage and pay rent on the remaining share. There will be a lease for the portion of the home you don’t purchase, with Sage Homes.
Initially you can buy a minimum 25% share of a home (the maximum you can buy initially is 75%). You can buy more shares or take your ownership to 100% at a later date; this is known as staircasing.
See our Shared Ownership Guide for more information, eligibility & next steps.
About the Development
Nestled in a stunning semi-rural, sought-after location of Bingham, these 2-bedroom homes offer space and choice with the multiple house types available.
You'll be surrounded by the Nottinghamshire countryside plus you're within walking distance of the town centre. At Roman's Quarter there is brand new primary school a few minutes walk, whilst working professionals can benefit from great road and rail links nearby. You'll also find plenty of bicycle and walking routes throughout the development.
About the Area
Bingham is a very popular market town which is about 8 miles west of Nottingham City. There is breath taking countryside in the Vale of Belvoir just a few miles away. The development has good travel links by car and train, the A46 is just a short distance and the A1 about 10 miles. Grantham is less than 30 minutes where a fast train to London takes an hour.
T&Cs
Please note these photos are for information purposes only and may not represent a true likeness for the homes being sold. Some of the images may have been taken from another development of similar style houses and been digitally furnished to represent how the home could be laid out. The final colours / appearance may differ from the images shown both externally & internally. Please speak to our sales agent for more specification information.
*As per the KID1 document; Services Charge will apply, speak to our Sales Agent for more information. Costs are subject to change.
Key Features
- NHBC Warranty
- Flooring throughout
- Allocated parking
- Good storage
- Open plan living with doors to garden
- 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 £245,000, £6,125 Min Deposit. Calculated using a representative rate of 5.03%
