2 Bed Flat For Sale

This bright and spacious living room is now available in Derby through Shared Ownership.

The property comprises a living room, a kitchen, two bedrooms and a bathroom. Outside, there is allocated parking and communal gardens. 

Older Persons Scheme:

This property is part of an Older Persons Scheme and is only suitable for purchasers over the age of 55. The share is preserved at 70% and cannot be increased. Rent is not payable on the remaining share.

Available for £61,600 for 70% share based on the marketing figure of £88,000.

Monthly rent - £0.00
Monthly Service Charge - £164.83
Total Monthly Charge - £164.83 plus mortgage required for 70% share.

An annual rent increase takes place every April

Living in Derby offers a perfect blend of convenience and community spirit.

This vibrant neighbourhood features local parks and schools, making it ideal for families and nature lovers alike. Residents enjoy easy access to essential amenities, including shops and public transport, which enhances day-to-day living.

With a strong sense of belonging and friendly neighbours, it fosters a welcoming atmosphere. Such a supportive environment, combined with accessible facilities, makes it an appealing location to call home.

Energy rating band - C
Environmental impact band - C

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.