From
£115,000
(£151/sq. ft)
2 bed semi-detached house for sale
Plot 112 - Chingford Meadows, Bilborough NG82 beds
764 sq. ft
Added on
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an "affordable rent" on the share you don't own.
Key information
Tenure
Leasehold (990 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
50%
Shared ownership rent
£264 per month
About this property
2 Bedroom Homes
Garden
Integrated Appliances
Shared Ownership
Description
**£2,500 incentive for plots reserved in September**
Set within a thoughtfully planned neighbourhood in Bilborough, these elegant new homes combine modern architecture, energy-efficient design and spacious interiors to create a place where contemporary living feels both effortless and attainable.
The Deal - 2 Bedroom Home
This attractive two-bedroom semi detached home has been thoughtfully designed to offer stylish, practical living for modern families. Combining generous living space with contemporary finishes, this home is ideal for first-time buyers, young families and those looking to take their next step on the property ladder through Shared Ownership.
The welcoming entrance hall leads into a bright and spacious open plan kitchen through diner to the open lounge providing the perfect place to relax at the end of the day. Double doors lead to a private rear garden, flooding the room with light. This room offers an excellent space for cooking, dining and relaxing. A downstairs WC provides additional practicality.
Upstairs, you'll find two well-proportioned bedrooms, including a generous principal bedroom. The second bedroom offers flexible accommodation, ideal as children's bedroom, guest room or a home office. A modern family bathroom completes the first floor.
Perfectly positioned just a short distance from Nottingham, Chingford Meadows places the best of city life within easy reach while maintaining the calm and space of a suburban setting.
Residents benefit from:
* Quick connections to Nottingham city centre
* Nearby shops, cafés and everyday amenities
* Well-regarded local schools
* Convenient transport links across Nottinghamshire
Whether commuting to work, enjoying a day in the city, or spending time with family close to home, Chingford Meadows offers the perfect balance between accessibility and tranquillity.
Purchase Example
Full Market Value: £230,000
50% Share Price: £115,000
Rent on un-owned share per month: £263.54
So, what is Shared Ownership?
Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. Buy between 25% - 75% of a home normally with a mortgage and a reduced deposit and pay a low-cost rent on the remaining un-purchased share.
Am I eligible to buy a home with shared ownership?
The eligibility criteria for shared ownership are simple; if you don't currently own or won't own another property when you move into a new home, you're likely to qualify. Your annual household income must not exceed £80,000 and you'll need to have savings to cover typical purchasing costs such as solicitors' fees and your mortgage deposit.
To find out more please contact Auxesia Homes's in-house sales team.
Tenure: Leasehold (990 years)
Shared Ownership: 50% being sold, £263.54 per month rental payments
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