3 Bed Terraced House For Sale

This bright, modern, well-decorated three-bedroom end-of-terrace house is now available in Nottingham through Shared Ownership.

On the ground floor, the property comprises a spacious living room, a separate modern fitted kitchen with space for a dining room and a WC. On the first floor, there are three bedrooms (one en-suite) and a bathroom.

Outside, there is a private rear garden, and parking for two car at the front of the house. Perfect for families.

Available for £124,800 for 40% share based on the marketing figure of £312,000.

Monthly rent - £408.01
Monthly Service Charge - £94.35
Total Monthly Charge - £502.36 plus mortgage required for 40% share.

An annual rent increase takes place every April

This property is located in a contemporary residential development situated in Edwalton, which is to the south of Nottingham and adjacent to West Bridgford. These two areas are highly desirable locations in Nottingham, thanks to their sought-after school catchments and abundance of amenities.

The close entrance to the A52 highway also makes road travel convenient, also thanks to its access to the M1 motorway.

Energy rating band - B
Environmental impact band - B

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.

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.