£140,000
4 bed detached house for saleWoodhall Lane, Fernwood, Newark, Nottinghamshire NG24
4 beds
2 baths
1 reception
- New home
- Shared ownership
Frank Innes - Bingham Sales
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About this property
The Elm welcomes you with a spacious hallway served with a downstairs WC. To the left, you'll find a large living room extending the length of the home with French doors leading to the garden. To the right of the entrance hall is a modern, open-plan kitchen/dining room with bar seating and additional French doors leading to the garden. There is also a dedicated utility room with outside access. Upstairs, bedroom one boasts a contemporary en-suite. The family bathroom serves bedroom two, an additional double bedroom, and a generous single. This home also features a detached single garage and two parking spaces.
Financial Breakdown:
Full market value: £350,000
40% share value: £140,000
5% deposit: £7,000
Monthly Rent on un-owned share (60%) £481.25
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
Disclaimers
o Rent on the unsold share is charged at 2.75% for the first year. For exact costings, please speak to an independent financial or mortgage advisor.
O Deposits start from 5% of your chosen share value, illustrated deposit only and depends on lender and product availability.
O Share percentage advertised is an example. Typically shares up to 75% are available depending on your affordability. Please speak to a member of team for more information
o Please note images used in this listing are for illustration purposes and are not exact to the property.
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A band has not yet been confirmed.