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3 bed terraced house for sale

£68,750

Davy Close, Ollerton, Newark NG22

3 1 1
Interested in this property? Call +44 1777 568942 * or

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Property features

  • Attention First Time Buyers
  • Up And Coming Area
  • Fantastic Transport Links
  • Excellent Local Amenities
  • Own A 50% Share
  • Modern New Build Property
  • 10 Year Warranty
  • Modern Cream Fitted Kitchen
  • Epc Rating B
  • CoBuy Property

Property description



CoBuy Buy half. Rent Half. It s a brilliantly simple idea. Buy 50% of a home and pay rent for the rest. It s a chance to buy the home you actually want, for a deposit and mortgage you can actually afford.
Over time you re free to buy more shares of your home as and when you can afford to. Eventually you can own it all, or take advantage of rising property prices and sell up.

Anyone can CoBuy. You just need to be able to afford both the monthly mortgage and rent payments, and you cannot own any other property.
With a CoBuy home, you have the same rights and responsibilities as a full home owner-occupier. You are responsible for maintenance and upkeep and we do not inspect properties. We just help you to get on the ladder.

Rent is charged at 5% of the proportion of your home that we retain. Your rent is reviewed on an annual basis and will increase by the Retail Prices Index (rpi). When it comes to moving on, Cherry offers all of its CoBuyers a buy-back guarantee, making selling up as simple as possible.

House Particulars

A fantastic opportunity to acquire a 50% share in one of these modern town houses. Surrounding this new development are fantastic transport links, amenities and schooling. They must be viewed to fully appreciate the standard of living on offer. Internally to the ground floor the property comprises of an entrance hall, downstairs w/c, living room along with a open planned kitchen/dining room to the rear. To the first floor are two double bedrooms along with a single bedroom. To finalise the first floor is a superb bathroom which boasts a three piece white suite and stainless steel towel rail. Externally the property has off street parking along with a good sized enclosed rear garden. EPC Rating B.

CoBuy Lease

125 years remaining.
No service charge or ground rent applicable.

CoBuy Reservation Fee

Once you have expressed an interest in purchasing a CoBuy property and have successfully passed initial pre-qualification, you will need to pay a £500 reservation fee to secure your property. This takes your chosen property off the market and is credited against the purchase price you pay.

For more information please see: Https:




Description

cobuy - buy half. Rent half. A fantastic opportunity to acquire a 50% share in one of these modern town houses. Surrounding this new development are fantastic transport links, amenities and schooling. They must be viewed to fully appreciate the standard of living on offer. Internally to the ground floor the property comprises of an entrance hall, downstairs w/c, living room along with a open planned kitchen/dining room to the rear. To the first floor are two double bedrooms along with a single bedroom. To finalise the first floor is a superb bathroom which boasts a three piece white suite and stainless steel towel rail. Externally the property has off street parking along with a good sized enclosed rear garden. EPC Rating B.​

Location

Ollerton is popular village which is situated approximately 12 miles from Retford town centre and 9 miles from Newark town centre. Ollerton has a vast range of local amenities such as supermarkets, eateries, well regarded schooling and public houses. Transporting links are also of a great standard whether it be by car or bus.

Our View

This modern town house has some excellent features such as a cream high gloss kitchen with integral oven/hob and extractor, double glazing, gas central heating and attractive tiling around the bath/shower area. Being situated within a popular location and being attractively priced we anticipate early interest. Book your viewing early to avoid disappointment.

Entrance Hall (1.04m x 2.24m)

Downstairs WC (1.52m x 0.94m)

Living Room (4.29m x 4.04m)

Kitchen / Dining Room (2.97m x 4.90m)

First Floor Landing (3.20m x 1.98m)

Bedroom 1 (3.81m x 4.11m)

Bedroom 2 (3.45m x 4.11m)

Bedroom 3 (1.80m x 2.46m)

Bathroom

Rear Garden

Important note to purchasers:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £182,863 Sales 377 Current average value £217,804 (Zoopla Zed-Index) Value change £9,122 ▲ 4.37%

Property value data/graphs for NG22

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £317,518 £212 3.7 £259,479
Semi-detached £131,614 £170 3.0 £126,539
Terraced £131,378 £168 2.8 £121,873
Flats £91,002 £152 1.7 £75,649

Current asking prices in NG22

Average: £258,537
Avg. current asking prices in NG22
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £125,533
(24)
£198,010
(63)
£324,538
(21)
£466,895
(10)
Flats £65,000
(1)
£85,317
(3)
- - -
All £65,000
(1)
£121,065
(27)
£198,010
(63)
£324,538
(21)
£466,895
(10)

Current asking rents in NG22

Average: £721 pcm
Avg. current asking prices in NG22
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £472 pcm
(6)
£761 pcm
(14)
£1,625 pcm
(2)
£1,352 pcm
(1)
Flats £550 pcm
(1)
£481 pcm
(1)
- - -
All £550 pcm
(1)
£473 pcm
(7)
£761 pcm
(14)
£1,625 pcm
(2)
£1,352 pcm
(1)

Fun facts for NG22

Highest value in NG22
Highest value streets Zed-Index
Greaves Lane £821,042
The Turnpike £714,145
Mansfield Road £658,807
May Lodge Drive £616,162
Radley Road £533,352
Highest turnover in NG22
Highest turnover streets Turnover
St. Stephens Road 45.5%
Aspen Close 40.0%
Bracken Court 40.0%
Kennedy Court 38.9%
Back Lane 38.1%

What Zoopla users think of Ollerton

Overall rating:

  • currently 4 stars
Very good - 77%

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Ollerton:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Retford (7.8 miles)
  • Shirebrook (8.2 miles)
  • Worksop (8.7 miles)
  • Robin Hood Airport (18.4 miles)
  • East Midlands Airport (29.4 miles)
  • Humberside Airport (37.0 miles)
  • Hull Ferry Terminal (47.7 miles)
  • West Lynn Ferry Landing (65.9 miles)
  • King's Lynn Ferry Landing (66.0 miles)

Nearby schools

View all schools in Newark and Sherwood
  • The Parkgate Academy (0.1 miles)
  • St Joseph's Catholic Primary and Nursery School (0.4 miles)
  • The Forest View Academy (0.5 miles)
  • Whitegates College (8.0 miles)
  • REAL Alternative Provision School (8.9 miles)
  • Vision West Nottinghamshire College (9.8 miles)
  • The Dukeries Academy (0.1 miles)
  • Wellow House School (1.4 miles)
  • Freyburg School (4.6 miles)
Note: Distances are straight line measurements

Local info for Newark and Sherwood

AskMe Q&A for Newark and Sherwood

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For more information about this property, please contact
Your Move, DN22 on +44 1777 568942 * (local rate)

Monthly running costs Beta

£487 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,875
Repayment term 25
Interest rate 1.5
Your payment £247 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £100,000 Average insurance cost £11/mo (£129/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £32 Electricity £40 Estimated energy cost £72/mo

Similar properties could save up to £230

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 11200 kWh/year
Electricity: 3300 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Newark and Sherwood

Estimated tax band A Council tax cost £123 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £19 Sewerage £15 Estimated water cost £34 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Your Move about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Your Move, and do not constitute property particulars. Please contact Your Move for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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