Share Price £122,000 (from 40% Min. Share)

Full Value £305,000 | £6,100 Min. Deposit

Scheme: Shared Ownership

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Orchardside - 3 bed house in East Markham - Nottinghamshire

place Mark Lane, NG22 0RA

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The 3 bedroom Empire house-type is an ideal home for growing families.


Description

The Empire house-type is a three-bedroom detached new-build home that provides well-planned accommodation perfect for the needs of agrowing family.

Affordable Shared Ownership (Part Buy/Part Rent) options starting from just 40% of the property's market value.

On the ground floor, there is an integral garage and a neatly designed kitchen and dining room.

On the first floor, there are three double bedrooms with a master en-suite to the main bedroom and a family bathroom.

Each property also benefits from off-road parking.

A monthly service charge is also payable - for further details, please speak to your sales advisor.

Monthly service charges are subject to review each year, with the next review due on 1 April 2021.


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arrow_backwards Back to Orchardside - 3 bed house in East Markham - Nottinghamshire

Calculate Monthly Cost

Share price
£ 122,000
Min. £122,000
Share percentage
Min. 40%
Your deposit
Min. £6,100
Monthly cost*
£1,026
Cost breakdown
£381
Rent
£37
Service charge
£608
Mortgage*
Calculated using a representative rate of 3.94%
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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.