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Property Listing Details

Property details

  • 2 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • Leasehold
  • Garden
  • Parking

Listing view statistics

Last 30 days: 266 page views

Since listed: 1217 page views

Description

50% Shared Ownership for £92,500.

Monthly rent on remaining share is £211.98. There will be a monthly service charge to pay of £29.55. There is no ground rent to pay.

Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%. If you own more than 80% and decide to sell, ncha will buy the property back from you.

Households earning less than £80,000 a year, first time buyers and previous homeowners who need help to buy are eligible to apply. A local connection applies.

How to Apply
If you would like to apply please contact our homeownership team on or email:

Apply online at
Your affordability will be assessed based on the information you provide on the application form. Ncha will make an offer based on the amount you can afford, between 50 - 75%. If your application is successful a non-refundable reservation fee of £350 is required to reserve your new home, this amount goes towards you deposit on completion.

The properties are sold on a 125 year shared ownership lease.

House Specification
Kitchen
* A selection of contemporary wall and base units
* Integrated stainless steel gas hob, electric oven
* Plumbing for washing machine
* Extractor Hood
* Vinyl Flooring

Bathroom
* White bathroom suite
* shower over the bath
* Tiled to full ceiling height in shower area
* Extractor Fan
* Vinyl Flooring

Internal
* Air source pump heating
* Double glazing

External
* Turfed rear garden
* Off street allocated parking

Any measurements quoted are approximate and must be checked on site and against the layout which may vary due to unforeseen circumstances. Floor plans may be mirror handed. These details have been produced for illustrative purposes only and does not form any part of a contract or constitute and offer. Actual specification may vary from that shown in floor plan.

You could get

Superfast broadband Superfast broadband

Up to 60 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Newark North Gate 2.8 miles
  • Newark Castle 2.9 miles
  • Muskham Primary School 0.2 miles
  • Winthorpe Primary School 1.7 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Newark North Gate 2.8 miles
  • Newark Castle 2.9 miles
  • Muskham Primary School 0.2 miles
  • Winthorpe Primary School 1.7 miles

Market stats

Sale activity

Average estimated value for a house in NG23:

  • £397,704
  • Price increase

  • £18,595
  • (4.905%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £316,316
  • Properties sold

    60

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom house in NG23 is currently:

£724 pcm

Recent sales nearby

See all recent sales in NG23
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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

These results are not provided by Bankrate and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided, your lenders criteria and your personal circumstances. The interest rate has also been assumed to stay the same for the selected mortgage term.

The Agent

Price history

Sold prices provided by Land Registry
17th Sep 2020 £92,500 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by NCHA Sales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact NCHA Sales for full details and further information.