2 bed flat for sale

Lavender Grove, Nottingham, Nottinghamshire NG12

Bright and modern two-bedroom end-of-terrace house now available in Nottingham, through Shared Ownership.

The property features an entrance hall, a living room and a separate kitchen and a toilet on the ground floor. On the first floor, there are two bedrooms and one bathroom.

The property offers residents spacious front and rear gardens and allocated parking.

Available for £121,000 for 55% share based on the marketing figure of £220,000.

Monthly rent - £213.47
Monthly Service Charge - £73.71
Total Monthly Charge - £287.18 plus mortgage required for 55% 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

Location

The property is located in Cotgrave, within easy reach of all essential amenities. A large grocery supermarket lies approximately a 5-minute drive or a 15-minute cycle away, while several smaller convenience stores and local shops can be reached within a 5–10-minute walk.

A fully equipped leisure centre featuring a gym, swimming pool, sports hall, and fitness studios is just a 3-minute drive or 10-minute walk away. For green space, Cotgrave Country Park, with its lakes, meadows, woodlands, dog pools, and miles of walking and cycling trails, sits about a 4-minute drive or 15-minute walk from home. Healthcare needs are covered by a nearby family medical clinic with in-house diagnostic services, reachable in around 3 minutes by car.

Transport links to central London are straightforward: The nearest major train station is around a 10-minute drive away, offering regular services to London St Pancras in approximately 2 hours 25 minutes.

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.