3 bedroom house for sale
Boundary Road, West Bridgford, NG2 7BZ
Share percentage 35%, full price £350,000, £6,125 Min Deposit.
Share percentage 35%, full price £350,000, £6,125 Min Deposit.
Monthly Cost: £1,392
Rent £634,
Service charge £60,
Mortgage £698*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in West Bridgford, Nottinghamshire
Description
Modern, bright & spacious three-bedroom semi-detached house now available in West Bridgford through Shared Ownership.
The property comprises a wide living room/dining room, an open-plan fitted kitchen, and two large bedrooms, one single room and a large utility/study room. This could be ideal for a small family or first time buyers.
This attractive, well built property boasts a modern exterior and has parking enough for two cars tandem at the rear and front and rear gardens.
Key Information Document
Available for £122,500 for 35% share based on the marketing figure of £350,000.
Monthly rent - £633.55
Monthly Service Charge - £59.84
Total Monthly Charge - £693.39 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe property is located just outside in West Bridgford just outside Nottingham City Centre, a short bus ride from the central station. The M1 motorway, is 15 minutes away, making travel convenient.
West Bridgford is a well developed area with several shops, pubs and restaurants, with all local
amenities nearby.
Many schools of all levels can be found nearby, several within walking distance.
With its convenient commuting location and all services the town offers, West Bridgford is a sought after location with fantastic surroundings.
Energy rating band - B
Environmental impact band -B
Gross internal floor area: 97.5 m²
Living room & kitchen: 6.17 x 5.49 m
Bedroom 1: 6.38 x 3.20 m
Bedroom 2: 4.52 x 2.59 m
Bedroom 3: 3.23 x 2.18 m
Study : 2.87 x 1.73 m
Years remaining on lease: 120
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
- Three-bedroom semi-detached house
- Tandem parking space for two cars
- Front and rear gardens
- Close to city centre
- Available for 35% share purchase
- 5% minimum deposit only
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 £350,000, £6,125 Min Deposit. Calculated using a representative rate of 5.26%
