3 Bed Detached House For Sale

Available now

A three-bedroom semi-detached house for sale with the help of shared ownership.



Description

50% shared ownership of a three-bedroom semi-detached house for £147,500. Monthly rent on remaining share is 338.02. In addition, there will be a monthly service charge of £39.26



Kitchen

Fitted modern kitchen

Integrated oven and hob

Stainless steel extractor hood

Contemporary mixer taps

Vinyl flooring



Bathroom

White bath suite with chrome fittings

Tiling to ceiling around the bath

Shower over bath

Glass shower screen

Vinyl flooring



Heating

Gas fired central heating

Thermostatic radiator valves

Double glazed windows



General

Enclosed rear garden

Off-street allocated parking

EV charger



Decoration

White emulsion walls and ceilings

White gloss painted woodwork



Council tax banding - C



Predicated energy rating - B



The Predicted Energy Assessment (PEA) is an assessment of the energy efficiency of a building that is yet to be built. Once the building is complete, it will be replaced by the Energy Performance Certificate (EPC). Please note that the rating may change once the final EPC has been issued. This is due to recent changes in the way the PEAs/EPCs are calculated.



What is shared ownership?

Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it - but you're living there, you decorate it, and you decide when to sell.



Buying a percentage means a smaller deposit and smaller mortgage. It's a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.



The properties are sold on a 990 year shared ownership lease.



Who qualifies?

Anyone who does not currently own or part own a property and has a household income of less than £80,000 per year can apply.



How to apply

You will need to provide a completed application form, financial assessment, Mortgage in Principal and proof of funds for your application to be complete and accepted. Please email completed application forms to NCHA.



A member of the Sales team will contact you directly once your application has been reviewed.



Your affordability will be assessed based on the information you provide on the application form. NCHA will make an offer based on the amount you can afford, between 25 - 75%. If your application is successful a non-refundable reservation fee of £350 is required to reserve your new home, this amount goes towards your deposit on completion.