2 bedroom house for sale2 bedroom Semi Detached House in Nottingham
- Buy with a deposit from £3,125
- No ground rent
- Integrated electric oven and hob
- White bath suite
- Allocated parking
- Enclosed rear garden
50% Shared Ownership for £62,500. Monthly rent on remaining share is £143.23. Monthly service charge £15.85. There is no ground rent to pay.
What is Shared Ownership?
Shared ownership is a part-buy, part-rent scheme designed to help people who cannot afford to buy a home on the open market. You buy a share of a property, usually 50% to 75% on a long term lease, and pay a subsidised rent on the remaining share. Gradually it is possible to purchase further shares as they become affordable, and progress to full ownership.
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.
The properties are sold on a 125 year shared ownership lease.
How to Apply
Before arranging a viewing, you will need to register your interest with Help to Buy Midlands by completing an application form on their website https://www.helptobuymidlands.co.uk/apply-shared-ownership-and-equity-loan. When completing the form please state that the housing association / developer is Nottingham Community Housing Association in order for us to retrieve your application.
Once assessed, and your application is successful, we will contact you to arrange a viewing.
Nottingham Community Housing Association
12/14 Pelham Road
A non-refundable reservation fee of £500 is required to reserve your new home, this amount goes towards your deposit on completion.
Range of wall and base units
Integrated oven and hob
White bath suite
Shower over bath
Tiled to full ceiling around bath
Downstairs cloakroom with w/c and wash hand basin
UPVC double glazing throughout
Gas central heating with combi boiler
Enclosed turfed rear garden
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.
Energy Performance Certificates (EPCs)
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