3 bed semi-detached house for sale

Magpie Road, Nottingham, Nottinghamshire NG12

Bright and modern three-bedroom semi-detached house now available in Nottingham through Shared Ownership.

The property features an entrance hall, living room, kitchen, and toilet on the ground floor. On the first floor, there are three bedrooms and two bathrooms.

The property offers residents with rear and front gardens along with a driveway.

Available for £98,000 for 35% share based on the marketing figure of £280,000.

Monthly rent - £416.04
Monthly Service Charge - £80.65
Total Monthly Charge - £496.69 plus mortgage required for 35% share.

An annual rent increase takes place every April

Location

The property offers a peaceful village setting with access to a variety of local amenities. Within a 5–10 minute walk or short drive, residents can reach local markets, gyms, healthcare clinics, and independent shops. Cotgrave Country Park is a standout feature, offering over 50 hectares of green space with walking trails, a play area, and a fishing lake-perfect for outdoor activities.

The area also includes schools, a community centre with regular events, and sports clubs, making it ideal for families.

Transport links are convenient, with regular bus services connecting Cotgrave to Nottingham city centre in around 15 minutes. From Nottingham station, direct trains to London St Pancras take approximately 1 hour 45 minutes, making central London accessible for commuters. Road access via the A52 and A46 also provides straightforward routes to nearby towns and the motorway network.

EPC rating

Energy rating band - B

Environmental rating band - B

Other information

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.