2 bed semi-detached house for sale

Elizabeth Drive, Nottingham NG12

***Quote Ref: 832589 when calling***

A fantastic opportunity to get onto the property ladder in sought-after Edwalton Fields with this modern two-bedroom shared ownership home. Available from a 50% share at £147,500, with a deposit from just £7,375* based on a 5% deposit of the share value. Built in 2021, the home offers an open-plan kitchen/reception room, enclosed private garden, two off-street parking spaces and the option to staircase over time.

A lower-deposit way onto the Edwalton property ladder - available from just £7,375 deposit.*

This modern two-bedroom shared ownership home offers an excellent opportunity for first-time buyers or those looking for a more affordable route into home ownership in the sought-after Edwalton Fields development.

Available from a 50% share at £147,500, the property allows buyers to purchase a share of the home now, with the option to increase ownership over time through staircasing. A 100% purchase is also available at £295,000, and the property reverts to freehold upon full ownership.

Built in 2021, the home is well arranged for modern day living. The ground floor features a bright open-plan kitchen/reception room with French doors opening directly onto the enclosed rear garden, creating a sociable living space for relaxing, working from home or entertaining. A contemporary fitted kitchen, useful storage and a ground floor WC complete the ground floor accommodation.

Upstairs, there are two well-proportioned bedrooms and a modern family bathroom, offering practical and comfortable space for a first home, small household or downsizer.

Outside, the property benefits from an enclosed private rear garden, mainly laid to lawn with a patio area and side access. To the front, there are two off-street parking spaces.

Edwalton Fields is a popular and well-connected modern development, offering green open spaces, local amenities and access to Nottingham, West Bridgford and surrounding areas. With two-bedroom homes now sold out from the developer, this is a rare opportunity to secure a home in an established new community.

Shared ownership information

50% share price: £147,500

Full market value: £295,000

Deposit from: £7,375*

Monthly rent on 50% share: £367.57

Monthly lease management fee: £25.02

Monthly service charge: £26.15

Initial shares available: 50% to 75%

Staircasing: Available over time

Tenure: Reverts to freehold on 100% ownership

*Deposit figure is based on a 5% deposit of a 50% share. Subject to lender criteria, affordability assessment and eligibility. Your home may be repossessed if you do not keep up repayments on your mortgage.

Quote Ref: 771987 when calling