Magpie Road

3 bed terraced

Share price: £127,500 (50% share)

5% min. deposit - from £6,375

Available

Property details

Spacious semi-detached house in Gotgrave, Nottingham available for sale through the Shared Ownership Scheme. The property comprises reception room, separate fitted kitchen, WC and entrance hall on the ground floor. On the first floor there are three bedrooms, one en-suite and family bathroom. Outside there is parking space and gardens to the front and rear.

- Minimum income requirement - £39,446

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

Available for £127,500 for 50% share based on the marketing figure of £255,000.

SO Resi Monthly Payment - £243.96
Monthly Service Charge - £36.46
Total Monthly Charge - £280.42 PLUS MORTGAGE REQUIRED FOR 50% SHARE.

Read more about our Covid-19 update: https://soresi.co.uk/covid-19-message-resales/

The accommodation comprises of an entrance hall, cloakroom, breakfast/kitchen and reception room and to the first floor there are three bedrooms, master with en-suite and family bathroom. Outside there is parking space and gardens to the front and rear. There are limited amenities within this Hollygate Park development but they are provided by nearby Cotgrave and Bingham town centres.

Layout and dimensions

Ground floor

Entrance Hall
16'3 (4.95) max x 7'1 (2.16)

Kitchen
11'9 (3.58) max x 9'7 (2.92) max

First floor

Bedroom 1
12'4 (3.76) max x 10'11 (3.33) max

Bedroom 2
12'7 (3.84) x 9' (2.74)

Bedroom 3
9'6 (2.90) max x 6'9 (2.06) max

Bathroom with WC

EPC rating

Energy Rating Band - B
Environmental Impact Band - A

Other information

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.

Years on lease: 123

5%

Our minimum deposit is only 5% of your share, making it easier than ever to get on the housing ladder!

Location

The property is well located for access to local amenities including a variety of shops, schools and regular transport services. These services are provided by the nearby towns of both Bingham and Cotgrave. The property is also well located for a nearby country park.

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