Description
Nottingham Community Housing Association are pleased to offer for sale 9 newly built two bedroom homes at the Fernwood development in Balderton. The properties are available to buy as shared ownership homes, ideal for first time buyers.
How Shared Ownership works:
• You purchase a share of the property, between 50 - 75%, with a mortgage or lump sum.
• You pay a subsidised rent on the share you don't own.
• You can increase the share you own at any time.
• If you increase to 100% you will no longer pay any rent and you will own the property outright.
• There is no obligation to increase your share. You can sell your share on at any time.
• Households earning less than £60,000 a year, first time buyers, previous homeowners and keyworkers who need help to buy are eligible.
The properties are sold on a 125 year shared ownership lease. In addition to the rent an estate service charge is payable, details available from the sales team.
Specification
Kitchen
• A selection of contemporary wall and base units
• Integrated Whirlpool stainless steel gas hob, electric oven
• Stainless steel extractor hood
• 1 1/2 bowl sink with mixer tap
• Plumbing for washing machine
Bathroom
• White bathroom suite
• Electric shower over bath
• Glass shower screen
• Tiled to full ceiling height in shower area
• Extractor Fan
Internal
• Full gas central heating with thermostatic temperature control
• UPVC double glazing
• White painted panel doors
• White painted woodwork and magnolia painted walls
• Downstairs cloakroom with w/c and wash-hand basin
• Patio doors in living room to rear garden
External
• Enclosed turfed rear gardens
• Allocated parking space
Nearest schools:
- Chuter Ede Primary School (1.0 miles)
- John Hunt Infant & Nursery School - Primary (1.2 miles)
- Highfields School - Primary (1.6 miles)
Nearest stations:
Newark North Gate
(2.8 miles)
Newark Castle
(3.1 miles)
Driving directions
The new shared ownership houses are located on Hunters Road on the Barratts/ David Wilson Homes development at Fernwood, Balderton. Take the first road on to the development, Goldstraw Lane and follow the main road through the development, past the site cabins. Hunters Road is at the furthest edge of the development.
Call directly
Tel: 01636 499867
About Nottingham Community Housing Association
NCHA is renowned as the largest locally-based provider of quality social housing for rent and shared-ownership in the East Midlands with over 700 staff managing nearly 7,000 properties housing 10,000 tenants in Nottinghamshire, Derbyshire, Leicestershire, Lincolnshire, Rutland and Northamptonshire.
Founded in 1973 by Chief Executive Andrew Malone, OBE, NCHA has evolved continuously and now works with 26 local authorities, 13 of which choose NCHA as their preferred partner. Based at the Head Office in Pelham Road in Nottingham, NCHA has regional housing offices in Nottingham, Ollerton, Leicester and Northampton. Our mission is:
'To provide quality housing and support for people in need throughout the East Midlands'
To underpin this mission the Board of Management has set out the following vision for NCHA:
'To become the best landlord and care and support provider in the East Midlands'
The current allocation to NCHA, as part of the consortium with the Longhurst Group, is just over £17 million of Social Housing Grant, which would provide for the production of 473 new homes during the 2006-08 investment programme. This is part of an allocation to the consortium of more than £56 million to build approximately 1350 dwellings.
Our allocation for 2004/06 resulted in a prestigious development programme of £22.5million aims to build 638 homes in 49 schemes over the next two years, at a time when we were one of only two preferred partners of the Housing Corporation in the East Midlands.
There are many vulnerable groups in society who are often forced onto the fringes and not given the opportunity to show their worth. NCHA has worked tirelessly since 1985 to become the largest provider of Housing with Care and Support in the East Midlands providing over 1,500 bed spaces for vulnerable people enabling them to lead full and happy lives. This includes people with learning disabilities; people with mental health problems; vulnerable women and children; homeless young people and Asian elders.
The Association’s specific aims are to:
