TENURE: To be advised
SHARED OWNERSHIP Three bedroom houses available to purchase from a 40% share at 114,000 with a deposit of 5,700. Full market value 285,000.
Call today to arrange your viewing of these stunning houses!
Three bedroom semi detached home situated on the popular development of Edwalton Park based in Edwalton, Nottingham.
This well designed home briefly comprises of an entrance lobby, downstairs cloakroom with separate utility space off of your kitchen dining space overlooking your garden and a separate living room. To the first floor off of your landing you will find three bedrooms and a family bathroom. The property benefits from allocated parking and a secure turfed rear garden.
Financial Breakdown:
Full market value: 285,000
40% share value: 114,000
5% deposit: 5,700
Rent charged on un-owned share: 2.75%
Monthly Rent on un-owned share (60%) 391.88
Monthly Estimated service charge: 24.60
The area boasts perhaps the best range of amenities outside of the city with a wide selection of shopping. It is ideal for the Trent Bridge Cricket Ground and River Embankment near to Trent Bridge; The Holme Pierrepoint Country Park is also a stone's throw away.
There are also excellent transport links into West Bridgford and Nottingham.
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
About Legal and General Affordable Homes
Legal & General Affordable Homes are a Registered Provider offering these homes for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
Please note, images have been used for illustrative purposes only. Specification, layout and finish may be subject to change
