£85,000
A 2 bed shared ownership property available in Nottingham, Nottinghamshire
This bright and well-presented two bedroom semi-detached house is now available in Nottingham through Shared Ownership.
The property on the ground floor comprises one reception room and a kitchen. On the first floor, there are two bedrooms and one bathroom. Perfect for couples and small families.
Outside, the property benefits from a conservatory and allocated parking.
Available for £85,000 for 50% share based on the marketing figure of £170,000.
Monthly rent - £230.29
Monthly Service Charge - £57.44
Total Monthly Charge - £287.73 plus mortgage required for 50% share.
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
LocationThe property is located in a residential area with convenient access to local amenities.
A bus stop is just a 3 minute walk away, while the tram stop can be reached in around 5 minutes. Bulwell Train Station is a 13 minute walk, offering East Midlands Railway (EMR) services for convenient travel.
A large supermarket is only a 5 minute drive, and Nottingham City Centre is about 15 minutes away, providing a wide range of shops, restaurants, cafés and leisure facilities.
In addition, there are also several schools within a 7 minute drive, making this an ideal location for families with children.
EPC ratingEnergy rating band - D
Environmental impact band - C
Lease informationYears remaining on lease: 99
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.