2 bedroom apartment for sale
Woodpecker Close, Nottingham, NG2 7YX
Share percentage 35%, full price £300,000, £5,250 Min Deposit.
Share percentage 35%, full price £300,000, £5,250 Min Deposit.
Monthly Cost: £1,059
Rent £401,
Service charge £60,
Mortgage £598*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Nottingham, Nottinghamshire
Description
This bright, modern two storey mid terraced house in Nottingham is now available through shared ownership. The property has parking to the front for two cars and boasts a well-sized private garden at the rear.
The property comprises a wide living room, a fitted kitchen, and two large bedrooms. This could be ideal for a small family or professional couple.
This house has fantastic access to local amenities and is a short bus ride from the centre of Nottingham.
Available for £105,000 for 35% share based on the marketing figure of £300,000.
Monthly rent - £400.92
Monthly Service Charge - £60.27
Total Monthly Charge - £461.19 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe property is situated on a relatively new housing estate (c. 2019) and is positioned within the suburban area of West Bridgford.
West Bridgford is Nottingham’s prime residential location positioned to the south of the River Trent having a wealth of amenities.
West Bridgford has a number of primary and secondary schools having excellent reputations and this has a further appeal for the area.
EPC ratingEnergy rating band - B
Environmental impact band - B
Layout and dimensionsGross internal floor area: 71.8 m²
Living room: 4.62 x 4.14 m
Kitchen: 3.76 x 1.98 m
Bedroom 1: 4.14 x 3.18 m
Bedroom 2: 4.14 x 2.97 m
Lease informationYears remaining on lease: 121
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Two bedroom terraced house
- Private garden
- Great travel links
- Close to city centre
- 5% deposit available
- Available for 35% share minimum
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 35%, full price £300,000, £5,250 Min Deposit. Calculated using a representative rate of 5.26%
