Pasture Grove, Collingham, Newark

** SHARED OWNERSHIP PURCHASE ** SOLD AS SEEN **

(Price shown is 50% purchase. Full purchase price would be £195,000)

Built in 2018, this modern mid town house provides accommodation arranged over two floors including; a living room, an inner hallway, a fitted kitchen with French doors opening to the rear, plus wc on the ground floor, with the first floor landing giving access to two double bedrooms, and the bathroom.

Benefiting from gas central heating, and double glazing, the property has an enclosed garden to the rear, and a block paved driveway providing off road parking to the front.

Offered to the market with no upward chain, and on a Shared Ownership Purchase basis. An ideal first time purchase!

Accommodation - The entrance door opens directly into the living room.

The living room has a window to the front, stairs rising to the first floor an under stairs store, and a door into the inner hallway.

The inner hallway has a fitted work surface with plumbing for washing machine beneath, a door into the ground floor wc, and open access to the fitted kitchen.

The ground floor wc has a wash hand basin, and a wc.

The fitted kitchen has wall and base units, roll edge work surfaces, a one and a half bowl stainless steel sink and drainer unit, an electric oven, and a gas hob. There are French doors opening to the rear garden from here.

On reaching the first floor, the landing gives access to two double bedrooms, and the bathroom.

Bedroom one has a window to the front, and a built in double wardrobe.

Bedroom two has a window to the rear.

Completing the accommodation, the bathroom has a bath, a wash hand basin, and a wc.

Outside - At the front of the property, the block paved driveway provides off road parking, and in turn gives access to the entrance door.

Enclosed by timber screen fencing, the rear garden includes a slabbed patio seating area, with a shaped lawn beyond.

Shared Ownership Information - The property is offered to the market on a Shared Ownership Purchase basis. Shares can be purchased between 25% and 75% on the first purchase, with rent (per month) then payable as follows:-

25% = £335.16 PCM
50% = £223.44 PCM
75% = £111.72 PCM

For information about the qualification and application process, please contact Thomas James Estate Agents.

Leasehold & Service Charge Details - We are advised that the property is leasehold, and since this is a protected area, the property will remain leasehold. We are informed that the lease issued will be for 990 years, with a commencement date of when the property was originally owned by the vendor.

We understand that the estimated service charge for the period 1 April 2026 to 31 March 2027 will be levied at £27.67 per month. This is subject to change, and is payable to the management company Premier Estates Ltd.

Local Connection Requirement - It should be noted that there is a Local Connection Requirement for the first 4 weeks of marketing this property. A person who:-

(a) was born in Collingham and/or
(b) lives in Collingham and/or
(c) has lived in Collingham but has been forced to move away because of lack of Affordable Housing and/or
(d) whose work provides important services and who needs to work closer to the local community

Council Tax Band - Council Tax Band A. Newark & Sherwood District Council.

Amount Payable 2025/2026 £1,684.58.

Collingham - The village of Collingham is situated approximately 6 miles from the market town of Newark. There is a range of shops in the village, plus a pharmacy, a medical centre, a dentist, a post office, a library, a primary school, churches, and public houses. Excellent for commuters, Collingham enjoys easy access to main road routes, and also has a railway station with frequent trains to Lincoln, Newark and Nottingham.

Referral Arrangement Note - Thomas James Estate Agents always refer sellers (and will offer to refer buyers) to Premier Property Lawyers, Ives & Co, and Curtis & Parkinson for conveyancing services (as above). It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Thomas James Estate Agents would receive a referral fee of between £120 and £240 including VAT from them, for recommending you to them.