Share Price £36,000 (from 40% Min. Share)

Full Value £90,000 | £1,800 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Nottingham - City of Nottingham

place Highland Court, NG5 1GR

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Two bedroom second floor apartment in good condition available for shared ownership


Description

Full Description

A two bedroom second floor located in Nottingham available through Shared Ownership Scheme

Available for £36,000 for 40% share based on the marketing figure of £90,000
So Resi Monthly Payment - £438.35
Monthly Service Charge - £76.65
Total Monthly Charge - £515.00 PLUS MORTGAGE REQUIRED FOR 40% SHARE

Two bedroom second floor apartment in good condition available for shared ownership. This property comprises of two double bedrooms lounge and kitchen area, kitchen and remore car parking space.

Property Details
Hallway
Lounge/ Kitchen:
7.0m x 3.0m

Kitchen:
4.9m x 2.3m
Bedroom 1: 4.3m x 2.6m

Bedroom 2:
4.4m x 2.5m

Bathroom:
1.7m x 2.1m with three piece suite

External:
Remote car parking space in a shared parking area.

EPC Rating
Energy Rating Band - C
Environmental Impact Band - C


All room dimensions approximate.
Please note figures given for So resi monthly payment and service charge are correct at time of marketing. There is an annual increase
that takes place. Please refer to Resale Team for up to date information.


Key Features

  • Two double bedroom
  • Second floor apartment
  • Gated car park
  • New boiler system
  • Close to local amenities
  • Available for 40% share

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Calculate Monthly Cost

Share price
£ 36,000
Min. £36,000
Share percentage
Min. 40%
Your deposit
Min. £1,800
Monthly cost*
£694
Cost breakdown
£438
Rent
£77
Service charge
£179
Mortgage*
Calculated using a representative rate of 3.94%
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Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.