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£124,000
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
New Shared Ownership Homes at Alvaredus, Nottinghamshire
Emh sales is pleased to offer a selection of three-bedroom homes for sale at Alvaredus, a new development at Fairham Pastures in Nottinghamshire.
Introducing The Cedar:
The Cedar is a three-bedroom, semi-detached house perfect for modern living.
Ground Floor: As you enter, you are greeted by a welcoming lounge area. The ground floor also features a convenient downstairs WC, a fitted dining kitchen with a built-in oven, hob, and cooker hood, and a rear door that opens to your turfed back garden.
First Floor: Upstairs, you will find three bedrooms and a family bathroom with a three-piece suite, a shower over the bath, and a glass screen.
Key Features: The home benefits from gas central heating, double glazing, and off-road parking.
New Model Shared Ownership (NMSO)
These homes are available through the New Model Shared Ownership scheme, which offers fantastic new benefits to help you get on the property ladder:
Lower Initial Share: You can now purchase your initial share from as low as 10% (subject to financial assessment).
Flexible Staircasing: It is easier to increase your ownership with the option to buy further shares from as little as 5% at a time.
Gradual Staircasing: A new process allows you to purchase an additional 1% each year for up to 15 years.
New Build Warranty: For the first 10 years, emh will support you with the cost of repairs and maintenance in your new home.
Long Lease: The homes come with a very long lease of 990 years.
About the Area
Alvaredus at Fairham is part of a new £800m development near the village of Barton-in-Fabis. The location is one of the best-connected new development sites in the UK.
Excellent Transport Links: You will be within close driving proximity to both East Midlands Airport and the East Midlands Parkway rail station, offering easy connections to London and beyond.
Proximity to Nottingham: The city of Nottingham, home to two famous universities, is just 5 miles away.
Future Amenities: The Fairham development has plans to construct new amenities, including a primary school, health centre, and community centre.
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