3 bedroom house for sale
Rose Way, Edwalton, Edwalton, NG12 4JE
Share percentage 40.00%, full price £357,500, £7,150 Deposit.
Share percentage 40.00%, full price £357,500, £7,150 Deposit
Monthly Cost: £1,302
Rent £492,
Service charge £33,
Mortgage £777*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
The Fig is a three bedroom end - terrace home at Edwalton Fields development, Available with Shared Ownership.
Description
The Fig is a modern three-bedroom, mid-terraced property and part of the Edwalton Fields development, located in West Bridgford, Nottinghamshire.
On entry into the property, you'll discover a long hallway with stairs leading to the first floor as well as a downstairs W/C, a built-in storage cupboard and two doors, one leading to the kitchen and one to the living/dining space.
The kitchen is front aspect and well-appointed, ensuring you have plenty of surface space and the usual integrated fixtures.
The living/dining area is at the rear of the property, meaning it offers access to the private garden. This is a large space, light and airy thanks to large windows, ensuring you have the perfect space for hosting or enjoying a night in.
Heading up to the first floor, you'll find three large bedrooms. The primary bedroom is spacious, has plenty of room for furniture and features two large windows. The secondary bedrooms are well-sized, making them useful for growing families or buyers with children.
The first floor also features a primary bathroom, with a shower-over-bath setup, alongside another storage cupboard.
Edwalton Fields is a prime development in a highly desirable part of Nottinghamshire - West Bridgford.
With a relaxed village environment, plenty of amenities on your doorstep and some of the best schools in the county, West Bridgford offers relaxed living just minutes from the bustle of Nottingham city centre.
Council Tax TBC - due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set.
Service Charge - A service charge will be charged against the property and is paid monthly with your rent payment. The service charge is reviewed on an annual basis on April 1st. This will include Buildings insurance, management and any communal/estate charges that may be covered (if applicable). The service charge displayed is estimated based on the initial assessment of the scheme, please contact the sales consultant for details.
Ground Rent - Not applicable.
Homes England Key Information Document - please refer to our website to read through our key information document for this property. This will include pricing details, eligibility and some lease information.
NEXT STEPS:
1. For further information, please download our brochure below.
2. TO APPLY NOW, Please register with us to request an application form.
3. Then send your approved Application form to the Sales Team.
4. Upon receipt of your application, we will refer you for an affordability assessment to determine the most affordable share for you.
5. Once you have passed the affordability assessment, we will then be in contact to confirm the availability.
6. If there is a suitable property we will then issue out your offer letter and advice on how to pay your £250.00 reservation fee for your new home.
Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time, you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay, as the share of the home that you do not own will have got smaller.
We will offer shares between 10-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market also the combined cost of mortgage and rent is often cheaper than privately renting in the area.
Key Features
- Off street parking
- Allocated parking
- Patio
- Rear Garden
- Back Garden
- Enclosed Garden
- Private Garden
- Double Glazing
- Pets allowed
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 Floor PlanMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Garage
Outside Space/Garden: Yes - Private Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 10%, full price £357,500, £1,788 Min Deposit. Calculated using a representative rate of 4.78%