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£84,700
Spacious and modern three-bedroom semi-detached house now available in south Derby through Shared Ownership.
The property comprises a living room, a separate kitchen and dining room, and a small toilet on the ground floor. Upstairs, there are three bedrooms and a shared bathroom. This could be ideal for a family.
There's also a large private rear garden and allocated parking driveways up front.
Available for £84,700 for 35% share based on the marketing figure of £242,000.
Monthly rent - £391.67
Monthly Service Charge - £72.35
Total Monthly Charge - £464.02 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe property is located within walking distance of Derby city centre, in a new developmental area, and about 16 minutes away walking from the railway station.
The close M1 motorway, about 15 minutes away, making road travel convenient.
Derby City is a vibrant, well developed area with shops, pubs and restaurants.
Many schools of all levels can be found nearby, both primary and secondary.
Energy rating band - B
Environmental rating band - B
Lease informationYears remaining on lease: 116
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.
Other informationHow we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH
You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.