Share Price £164,998 (from 50% Min. Share)

Full Value £329,995 | £8,250 Min. Deposit

Scheme: Shared Ownership

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Edwalton Fields - 3 bed house in Edwalton - Nottinghamshire

place Edwalton Fields, Melton Road, NG12 4DR

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Attractive new development in Edwalton is on the outskirts of the vibrant city of Nottingham


Eligibility

You are eligible to purchase a Home Reach property in England or Wales if:

· Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)

· You have a deposit (at least 5% of the share value)

· You are a first-time buyer or used to own a home, but cannot afford to buy outright now

· The shared ownership property will be your principle and only home

· You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.


Description

This 3 bed home benefits from an open plan kitchen/diner with adjoining utility area, separate living area, downstairs cloakroom and built-in storage to the ground floor.

Upstairs is complete with the master bedroom with ensuite, a further second bedroom, the third bedroom with built-in storage and the family bathroom plus more built-in storage to the landing area.

*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*

**Prices vary across plots, please speak to a sales advisor for more information**


Key Features

  • Standard fitted kitchen
  • Indesit hob/built-in single oven/stainless steel splashback/chimney hood
  • Contemporary white sanitary ware suite
  • Handheld hair wash attachment
  • Combined USB/double socket to the kitchen and master bedroom
  • Gas central heating
  • External light to the front of the property
  • Doorbell
  • Mains wired smoke detectors with battery back up
  • Landscaped front garden
  • Outside tap

Download Documents

Link to the floor plan
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arrow_backwards Back to Edwalton Fields - 3 bed house in Edwalton - Nottinghamshire

Calculate Monthly Cost

Share price
£ 164,998
Min. £164,998
Share percentage
Min. 50%
Your deposit
Min. £8,250
Monthly cost*
£1,245
Cost breakdown
£378
Rent
£45
Service charge
£822
Mortgage*
Calculated using a representative rate of 3.94%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent 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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.