James Gardens, Ruddington, Nottingham

SHARED OWNERSHIP 45 % SHARE - £142,200
Full Price £316,000

Benjamins in partnership with the Longhurst Group, welcome to the market this three double bedroom SHARED OWNERSHIP new build on the outskirts of the beautiful village of Ruddington in South Nottinghamshire.

In brief; the property consists of entrance porch, leading to the living room with full fibre ultrafast broadband, kitchen fitted with beautiful wall and base units, downstairs WC fit with a two piece suite. Stairs to first floor accommodation is the master bedroom, second bedroom, third bedroom and family bathroom fit with a three piece suite. Private rear garden is mainly laid to lawn with a patio area, outside tap and access via back gate.

Situated on a quiet cul-de-sac set back from the main road in the highly regarded South Nottinghamshire village of Ruddington, the property is within easy reach of a wealth of excellent local facilities including shops, schools, a doctors surgery and country park.

To arrange a viewing please call Benjamins on .

Entrance Hall
UPVC double glazed composite external front door, mains doorbell supplied and fitted, radiator, carpet to flooring, single ceiling light pendant.

Living Room 3.75m (12' 4") x 4.36m (14' 4")
UPVC double glazed window to front aspect, radiator, TV point, BT phone points wired for connection to landline, Matt white emulsion decoration to ceiling and walls, white gloss interior doors with brushed aluminium ironmongery, carpet to flooring, single ceiling light pendant.

Kitchen 4.68m (15' 4") x 4.22m (13' 10")
UPVC double glazed windows to rear aspect, radiator, a range of base and wall gloss woodbury white units with nickel wide bow handles and roller edge oak block worktops with white splash back tiling, single conventional Zanussi oven, hob and extractor, stainless steel 1.5 bowl kitchen sink with mixer tap over. Space for fridge freezer, washing machine. Ideal combination boiler located here, abbey flooring, two ceiling light pendants, smoked alarm, storage cupboard.
Access via UPVC double glazed back door and downstairs WC.


Downstairs WC
Contemporary two-piece white suite comprising of low-level WC, wash hand basin with chrome taps and Dolomite Griege gloss splashback tiling, extractor, abbey flooring, single ceiling light pendant.

Landing
Stairs to first floor accommodation, loft hatch located here, smoke alarm, carpet to flooring, single ceiling light pendant.
Access into Bedroom one, two, three and family bathroom.


Bedroom One 2.65m (8' 8") x 3.89m (12' 9")
UPVC double glazed window to rear aspect, radiator, TV point, Matt white emulsion decoration to ceiling and walls, white gloss interior doors with brushed aluminium ironmongery, carpet to flooring, single ceiling light pendant.

Bedroom Two 2.60m (8' 6") x 4.69m (15' 5")
UPVC double glazed window to front aspect, radiator, Matt white emulsion decoration to ceiling and walls, white gloss interior doors with brushed aluminium ironmongery, carpet to flooring, single ceiling light pendant.

Bedroom Three 2.45m (8' 0") x 3.62m (11' 11")
UPVC double glazed window to front aspect, radiator, Matt white emulsion decoration to ceiling and walls, white gloss interior doors with brushed aluminium ironmongery, storage cupboard with radiator, carpet to flooring, single ceiling light pendant.

Family Bathroom
UPVC double glazed window to rear aspect, radiator, three-piece contemporary white suite comprising of; low level WC, bathtub with shower attachment over connected to mains boiler with Dolomite Griege gloss tiling surround, sleek shower screen, wash hand basin with chrome taps over and Dolomite Greige gloss splashback tiling, handrail, storage cupboard, vinyl flooring, single ceiling light pendant.

Private Rear Garden
Access through UPVC double glazed back door, mainly laid to lawn, outside tap, patio area, PIR lighting, timber fencing surround, back gate leading to;
Front driveway with space for two cars, PIR lighting, flowerbeds, partial grass verge.


Shared Ownership
13 James Gardens (The Orient)
3 Bedroom Semi Detached House

Example

£142,200 for a 45% share
Monthly Rent on remaining share £445.51

£160,000 for a 50% share
Monthly Rent on remaining share £409.30

£240,000 for a 75% share
Monthly Rent on remaining share £228.26

*Rental figure includes buildings insurance and management company charges.

These properties are Available now to reserve and available to view.
Other shares can be purchased subject to an affordability assessment.

What is Shared Ownership?
Shared Ownership is a great way for you to get a foot on the property ladder if you cannott afford to buy a home outright on the open market.
It can take away the pressure of having to save for a high deposit or having to make large mortgage repayments.

Essentially, it means you will be buying a share of your home, up to 75 percent - and paying an affordable rent on the remainder.

For example, if you were to buy 50 percent share of a home worth £300,000, this could be a five percent deposit of £7,500 and a mortgage of £142,500 on the remaining 45 percent, you will then only pay an affordable rent on the remaining 50 percent share. The rent that you will pay will also include buildings insurance and management company charges, if applicable.

Deposits for Shared Ownership properties could start from as little as five percent. If you get a mortgage on your share of the property, your mortgage is based on the percentage share you own.

This means you get the home that you want, at an affordable price and through a monthly repayment that iss achievable.

Eligibility
You can buy a home through shared ownership if both of the following are true:

- your household income is £80,000 a year or less (£90,000 a year or less in London)
- you cannot afford all of the deposit and mortgage payments for a home that meets your needs
.
One of the following must also be true:
- you are a first-time buyer
- you used to own a home but cannot afford to buy one now
- you are forming a new household - for example, after a relationship breakdown
- you are an existing shared owner, and you want to move
- you own a home and want to move but cannot afford a new home that meets your needs

For some homes you may have to show that you live in, work in, or have a connection to the area where you want to buy the home.


Longhurst Group
The Longhurst Group are of the largest housing groups in the Midlands and East of England, we own and manage more than 24,000 homes and deliver a wide range of care and support, specialist housing and home ownership services