Egstow Park, S45
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
3
- BATHROOMS
1
- SIZE
Ask agent
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
- Incentives available
Description
We have a selection of 10 two and three bedroom new build properties available to purchase with the help of shared ownership.
Description
25% shared ownership of a three-bedroom semi-detached house for £56,250. Monthly rent on remaining share is £386.72. 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 25 - 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.
- 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Allocated
- GARDENA property has access to an outdoor space, which could be private or shared.
- Rear garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Egstow Park, S45
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About 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 own it 100%.
Nottingham Community Housing AssociationNottingham Community Housing Association (NCHA); one of the largest locally-based housing groups in the East Midlands. We manage over 10,000 homes across the East Midlands in Nottinghamshire, Derbyshire, Lincolnshire, Leicestershire, Northamptonshire and Rutland.
We've been developing new homes since 1973, and are working in partnership with 19 local authorities to build new affordable homes that meet local needs. This includes homes for sale, rent (at affordable rents, as well as market rents), shared ownership, and 'try before you buy' schemes.
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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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