3 bedroom house for sale

Under Offer

11 Cormorant Road, Ruddington, NG11 6RW

£67,500 · Shared Ownership New Build

Share percentage 25%, full price £270,000, £6,750 Min Deposit.

Under Offer
3 bedrooms
1 Bathroom
Private Garden
Parking
£67,500 Shared Ownership New Build

Share percentage 25%, full price £270,000, £6,750 Min Deposit.

Monthly Cost: £840
Rent £464, Service charge £28, Mortgage £348*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

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Summary

3 bedroom semi-detached house, allocated parking, turfed rear garden

Description

Stonewater, in partnership with Avant Homes, is proud to present a collection of 2 and 3 bedroom houses for shared ownership at the popular Wilbur Chase development in Ruddington. Each property benefits from allocated parking for 2 cars and a turfed rear garden.

Wilbur Chase is in a semi-rural location close to the village of Ruddington approximately five miles south of Nottingham City Centre. As you’d expect, commuter links into Nottingham, nearby Loughborough, Derby and Leicester are all excellent.

Ruddington itself, a short walk from the development, offers a range of amenities catering for day-to-day needs including a Co-op food store and a pharmacy. The village is also home to several popular pubs which serve food, as well as an Italian restaurant and a renowned curry house. Nearby West Bridgford has a wider range of shops and eateries, whilst Nottingham City Centre, a short drive further on, offers everything you’d expect from the county’s principal city.

Schools in the area include St Peter’s Junior, ranked by Ofsted as ‘Good’, and The Milford Academy, which caters for pupils from nursery age through to year 6, which also has an Ofsted ranking of ‘Good.’

Local outdoor amenities include Rushcliffe Country Park, which boasts over five miles of footpaths, grassland, conservation and landscaped areas, and is popular locally for walking, dog walking, jogging and cycling. Slightly further afield is Wilwell Farm Nature Reserve, one of the county’s best sites for wildflowers with more than 230 species having been recorded.

The nearest train station to Wilbur Chase is Beeston on the Midland Main Line, from where direct services operate into Nottingham (six minutes travelling time), East Midlands Parkway (six minutes travelling time) and Leicester (24 minutes travelling time). The area is also served by the Nottingham Express Transit Network, with regular services running into the city from the Ruddington Lane tram stop, just over two miles from the development. For residents looking to travel further afield, East Midlands Airport is just 10 miles away.

Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Key Information Document Brochure
Map
Beeston (3.16 miles) Attenborough (3.49 miles) Nottingham (4.05 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£67,500
Shared Ownership New Build
Estimated Monthly Cost:£840
Rent £464
Service Charge £28
Mortgage £348

Share percentage 25%, full price £270,000, £6,750 Min Deposit. Calculated using a representative rate of 4.80%


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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.