2 bedroom house for sale
31 Simpson Drive, NG12 3GY
Share percentage 70%, full price £235,000, £16,450 Min Deposit.
Share percentage 70%, full price £235,000, £16,450 Min Deposit.
Monthly Cost: £1,061
Rent £173,
Service charge £53,
Mortgage £835*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Charming 2-bedroom semi-detached house offers the perfect blend of modern comforts and timeless elegance.
Description
Welcome to your dream home in the picturesque Cropwell Bishop, Nottingham! This charming 2-bedroom semi-detached house offers the perfect blend of modern comforts and timeless elegance, making it an ideal haven for families or anyone seeking a serene living experience. Built in 2022. This property has been well maintained by the current owner. And is available as Shared Ownership or out-right sale.
Key Features:
Comfortable and bright living room, perfect for relaxing and entertaining.
Modern kitchen with high-quality appliances, ample storage, and a delightful dining area. With door leading into the private garden.
Two generous bedrooms, offering plenty of space for a growing family.
Additional WC on the ground floor for convenience.
Bright family bathroom with contemporary fixtures and fittings. And a good sized window for natural light.
Private and well-maintained garden, perfect for outdoor activities and gatherings.
Driveway ample allocated parking space.
Location: The property is conveniently situated in Cropwell Bishop, Nottingham. Cropwell Bishop is an established village with a thriving community and well equipped with local amenities including primary school, local shops including late night Co-Op, modern health centre and church. It is conveniently located for commuting via the A46 and A52 to the cities of Nottingham and Leicester. Further amenities can be found in the nearby market town of Bingham approx 4 miles from the village.
Don't miss this fantastic opportunity to own a beautiful home in Cropwell Bishop, Nottingham! Contact us today to arrange a viewing and secure your future in this lovely community.
AFFORDIBILITY
Full Market Value: £235,000
70% Share Price: £164,500 (Monthly Rent £172.87 based on the remaining share)
Monthly Service Charge: £53.49
Shared Ownership Lease term: 125 years from 2022
EPC Rating: B
Council Tax Band: B
ELIGIBILITY
You must be at least 18 years old.
Outside of London your annual household income must be less than £80,000.
You cannot own another home. Shared Ownership purchasers are often first-time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it.
You should not be able to afford to buy a home suitable for your housing needs on the open market.
You must show you are not in mortgage or rent arrears.
You must be able to demonstrate that you have a good credit history.
Particulars
Tenure: Leasehold
Lease Length: 123 years
Council Tax Band: B
Map
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 70%, full price £235,000, £16,450 Min Deposit. Calculated using a representative rate of 4.64%
