Egstow Park, S45
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
3
- BATHROOMS
1
- SIZE
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Key features
- New development
- Enclosed rear garden
- Allocated parking spaces
- Integrated oven and hob
- Purchase 100% when you are ready
- 10 Year NHBC new home warranty
Description
This development is part of a much larger development owned by St Modwen Developments. We have a selection of 10 two and three bedroom new build properties available to purchase with the help of shared ownership.
Description
35% shared ownership of a three-bedroom semi-detached house for £78,750. Monthly rent on remaining share is £335.16. In addition, there will be a monthly service charge of £17.25.
Kitchen
Fitted contemporary kitchen
Integrated oven and hob
Stainless steel extractor hood
Contemporary mixer taps over 1½ bowl sink
Vinyl flooring
Bathroom
White bath suite
Shower over bath
Glass shower screen
Tiled to full ceiling around bath
Vinyl flooring
Heating
Double glazed windows
Gas fired central heating
Thermostatic radiator valves
External
Enclosed rear garden
Off-street allocated parking
Decoration
White emulsion walls and ceilings
White gloss painted woodwork
Council tax banding - C
Energy rating - B
What is shared ownership?
Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it - but you're living there, you decorate it, and you decide when to sell.
Buying a percentage means a smaller deposit and smaller mortgage. It's a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.
The properties are sold on a 990 year shared ownership lease.
Who qualifies?
Anyone who does not currently own or part own a property and has a household income of less than £80,000 per year can apply.
How to apply
You will need to provide a completed application form, financial assessment, Mortgage in Principal and proof of funds for your application to be complete and accepted.
A member of the Sales team will contact you directly once your application has been reviewed.
Your affordability will be assessed based on the information you provide on the application form. NCHA will make an offer based on the amount you can afford, between 35 - 75%. If your application is successful a non-refundable reservation fee of £350 is required to reserve your new home, this amount goes towards your deposit on completion.
Disclaimer
Any measurements quoted are approximate and must be checked on site and against the layout which may vary due to unforeseen circumstances. Floor plans may be mirror handed. These details have been produced for illustrative purposes only and does not form any part of a contract or constitute and offer. Actual specification may vary from that shown in floor plan.
Brochures
Application formBrochureKey informationTenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
990 years left
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Egstow Park, S45
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chesterfield Station4.7 miles
- Alfreton Station5.2 miles
About the agent
NCHA, Nottingham
12-14 Pelham Road Sherwood Rise Nottingham NG5 1AP
NCHA develop new homes for sale across the East Midlands, with a focus on shared ownership.
Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. We own part of it - but you're living there, you decorate it, and you decide when to sell.
Buying a percentage means a smaller deposit and smaller mortgage. It's a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference SO3bedCC35. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by NCHA, Nottingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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