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Fairham, Nottingham, NG112BD

PROPERTY TYPE

Semi-Detached

BEDROOMS

2

BATHROOMS

1

SIZE

743 sq ft

69 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Fantastic shared ownership scheme to get onto the property ladder | New Model Shared Ownership (NMSO)
  • 990 year lease
  • Shares available from 10% to 75%
  • Fitted kitchen with upstands, built in oven, hob and extractor hood
  • Family bathroom with shower over bath
  • Downstairs WC
  • Vinyl flooring to kitchen, cloakroom and bathroom
  • Off road parking
  • Enclosed garden laid to lawn
  • Close to beautiful open green spaces

Description

Emh is pleased to offer for sale The Ivy:

This new build semi-detached house offers affordable homeownership through the New Model Shared Ownership (NMSO) scheme.

The property features a comfortable living room, a well-equipped fitted kitchen with built-in oven, hob, and extractor hood, and a convenient downstairs WC. The family bathroom boasts a shower over the bath and a heated chrome towel rail for added comfort.

Outside, you'll find an enclosed turfed rear garden, providing a private outdoor space for relaxation and entertaining. Off-road parking is also available for easy access.

This semi-detached house is ideal for individuals or small families seeking a modern and affordable homeownership opportunity.

Shares can be purchased from 10% to 75% initially on the New Model Shared Ownership (this is based on 5% increments, dependent on affordability and approval of eligibility for the Shared Ownership Scheme).

Staircasing can be applied for after 12 months to increase the share owned up to 100%.


Example of costs based on full market value of £245,000

10% - £24,500 | Rent @ £505.31 pcm
40% - £98,000 | Rent @ £336.88 pcm
75% - £183,750 | Rent @ £140.36 pcm

Please refer to the Key Information Document for more details on costs


About the area:

Alvaredus at Fairham is part of a new £800m development in Nottinghamshire, near the village of Barton-in-Fabis.

Fairham's unique location makes it one of the best located new development sites in the UK, with East Midlands Airport and the nearby East Midlands Parkway rail station for London connections within close driving proximity.

The location also benefits from having the centre of Nottingham approximately 5 miles away. Nottingham is home to the famous Nottingham Trent University and University of Nottingham.

The Fairham will hope to create new employment opportunities as it also has plans to construct brand new amenities to the development, in the shape of a primary school, health centre and community centre.

The Fairham is aimed to be the most significant mixed-use development with the East Midlands.

Brochures

Key Info DocumentBrochure 2
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 developer
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Off street
GARDENA property has access to an outdoor space, which could be private or shared.
Private 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 developer

Energy performance certificate - ask developer

Fairham, Nottingham, NG112BD

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About the development

Alvaredus

Fairham, Nottingham, NG112BD

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Development features

  • You can purchase your initial share from just 10% (subject to financial assessment - all applicants must maximise their affordability)
  • Off road parking
  • Turfed rear gardens
  • East Midlands Airport and the nearby East Midlands Parkway rail station for London connections within close driving proximity

Your mortgage

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%
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Years
%
Monthly repayments
£286
We think you can borrow up to
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Disclaimer - Property reference Ivy-E3. 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 Emh. 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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