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Fairham, Nottingham, NG112BD

PROPERTY TYPE

Semi-Detached

BEDROOMS

3

BATHROOMS

1

SIZE

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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

  • New Model Shared Ownership (NMSO)
  • 990 year lease
  • Lounge
  • Fitted kitchen with upstands
  • Built in oven, hob and extractor hood
  • Downstairs WC
  • Family bathroom with shower over the bath and heated chrome towel rail
  • Vinyl flooring to kitchen, WC, ensuite and bathroom
  • Off road parking
  • Enclosed garden laid to lawn

Description

The Cedar is a 3-bedroom semi detached house and briefly comprises of:

To the ground floor: There is an entrance to the lounge area, WC with wash hand basin and splash-back tiling and a fitted dining kitchen with a built-in oven, hob and cooker hood and a rear door leading to the turfed rear garden.

To the first floor: There are three bedrooms, a family bathroom with a 3-piece suite and a shower over the bath and glass shower screen.

The property benefits from gas central heating, double glazing and off-road parking.

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%.

This home available on the New Model Shared Ownership (NMSO) which has some great new additions including:

* You can purchase your initial share from just 10% (subject to financial assessment - all applicants must maximise their affordability)
* You can purchase further shares from as little as 5% each time (known as staircasing).
* A new gradual staircasing process has been introduced allowing you to purchase an additional 1% each year for a maximum of 15 years.
* The introduction of a new 10-year period during which emh could support you with the cost of repairs and maintenance in your new build home.
* A lease length term of 990 years.




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 DocKey Info Doc - P118
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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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.
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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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Lender usually expects a 10% deposit
%
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Years
%
Monthly repayments
£591
We think you can borrow up to
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Disclaimer - Property reference Cedar-E3-118-121. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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