3 bedroom house for sale

Available

11 Harebell Avenue, Ruddington, NG11 6SL

£150,000 · Shared Ownership New Build

Share percentage 50%, full price £300,000, £7,500 Min Deposit.

Available
3 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£150,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £300,000, £7,500 Min Deposit.

Monthly Cost: £1,140
Rent £344, Service charge £50, Mortgage £746*

Calculated using a representative rate of 3.92%

Calculate estimated monthly costs

£
Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
  • This will be your only residence.
  • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

Wonderful 3 bedroom terraced house in the Blacksmiths Green development. The price advertised represents purchasing a 50% share of the home.

Description

Wonderful 3 bedroom terraced house in the Blacksmiths Green development. The price advertised represents purchasing a 50% share of the home.

About the Development

Blacksmiths Green is a brand-new Linden development in the ever-lovely region of Nottinghamshire which will be offering a selection of wonderful 2 bedroom semi-detached houses. Located a mere 15 minutes away by car from Nottingham town centre, this idyllic development is the perfect place to begin your shared ownership journey.

Ruddington is a beautiful village and has a range of local amenities to suit everyone’s day-to-day needs. With the wonderful Attenborough Nature reserve and National Park nearby there is endless natural beauty in the area.

About the Home

This plot is a brand new 3 bedroom house with a hallway that leads to the large lounge area. Through to the rear end of this property, the dining and kitchen is presented with French doors leading to the private garden. This floor also has a storage cupboard and WC.

The second floor presents all three spacious bedrooms with large windows for natural light as well as the three piece bathroom with shower over bath.

About the Area

The development is located only 6 miles from Nottingham and with the A52 a mile away transport and access to local and surrounding is easy.

There is plenty to do in the local area with a selection of local village pubs, a village hall, community centre and various retail outlets.

Shared Ownership

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.

You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

T&Cs

*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.

*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.

Key Features
  1. 3 bedroom mid terraced house
  2. Flooring throughout
  3. Storage space
  4. Spacious lounge
  5. Allocated parking
  6. Private garden
  7. 3 piece bathroom with shower over bath
  8. There will be an added service charge
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Beeston (3.43 miles) Nottingham (3.83 miles) Attenborough (3.92 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

Read More Read Less
  • 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.

£150,000
Shared Ownership New Build
Estimated Monthly Cost:£1,140
Rent £344
Service Charge £50
Mortgage £746

Share percentage 50%, full price £300,000, £7,500 Min Deposit. Calculated using a representative rate of 3.92%


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.