£60,000

This bright, spacious two bedroom apartment is now available in Nottingham through Shared Ownership.

The property on the fourth floor comprises an entrance hall with storage, living room with a open plan kitchen, two good sized bedrooms and a bathroom.

Outside, there is an allocated parking. Perfect for couples or small families.

Available for £60,000 for 50% share based on the marketing figure of £120,000.

Monthly rent - £580.64
Monthly Service Charge - £190.59
Total Monthly Charge - £771.23 plus mortgage required for 50% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Living in Nottingham offers a convenient and well-connected city lifestyle in a popular residential area just west of Nottingham city centre. The property is ideally located close to Nottingham Trent University and the University of Nottingham’s Jubilee Campus, making it particularly attractive for professionals and students alike.

Residents benefit from easy access to local shops, cafés, and green spaces, while the city centre’s retail, dining, and cultural attractions are only a short walk, cycle, or bus ride away.

Excellent transport links include frequent bus services along Alfreton Road, nearby NET tram stops providing direct routes across the city, and quick road access to the A52 and M1, connecting Nottingham to Derby, Leicester, and beyond. Nottingham Railway Station is also easily reachable, offering fast rail connections to London, Birmingham, and other major UK cities.

Energy rating band - B

Environmental rating band - B

Years remaining on lease: 968

In certain cases, 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.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.