3 bedroom house for sale

Under Offer

Chestnut Close, , NG12 5PX

£58,500 · Shared Ownership Resale

Share percentage 25%, full price £234,000, £2,925 Min Deposit.

Under Offer
3 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£58,500 Shared Ownership Resale

Share percentage 25%, full price £234,000, £2,925 Min Deposit.

Monthly Cost: £758
Rent £419, Service charge £48, Mortgage £291*

Calculated using a representative rate of 3.92%

Calculate estimated monthly costs

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Summary

A 3 bed shared ownership property available in Nottingham, Nottinghamshire

Description

Bright and spacious three-bedroom semi-detached house in Nottingham available through Shared Ownership. The ground floor comprises an entrance hall, a large reception room, a kitchen, a study, and a cloakroom with WC. The first floor of the property comprises a master bedroom with ensuite, two further bedrooms, and a family bathroom with WC. The property also benefits from a private rear garden and two parking spaces to the rear.

Minimum income required: £24,138

This is reduced if a larger deposit is available.

More shares can be purchased, from a minimum of 10%.

Available for £58,500 for 25% share based on the marketing figure of £234,000.

SO Resi Monthly Payment - £418.64
Monthly Service Charge - £47.90
Total Monthly Charge - £466.54 plus mortgage required for 25% share.

Layout and dimensions

The property is approximately 85m2.

Reception room: 5.59 x 292

Kitchen: 4.37 x 2.67

Study: 2.13 x 1.57

Bedroom 1: 3.35 x 2.84

Bedroom 2: 3.35 x 2.97

Bedroom 3: 2.59 x 1.91

EPC rating

Energy Rating Band - C
Environmental Impact Band - C

Other information

All room dimensions are approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at the time of marketing. There is an annual increase that takes place. Please contact us for more information.

Key Features
  • Three bedrooms
  • Three bathrooms
  • Two allocated parking spaces
  • Private rear garden
  • Available for 25% share
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Nottingham (5.31 miles) Beeston (5.61 miles) Radcliffe (Notts) (5.62 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.

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  • 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.

£58,500
Shared Ownership Resale
Estimated Monthly Cost:£758
Rent £419
Service Charge £48
Mortgage £291

Share percentage 25%, full price £234,000, £2,925 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.