Full price: £125,000 The full value of the property
Share value: 50% - £62,500
Estimated monthly cost*: £820
Estimated Monthly Mortgage*: £313
SO Resi Monthly Payment: £379.56 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £126.38 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 83
This well-presented apartment in Nottingham is available for sale through the Shared Ownership Scheme. The property comprises hall, open plan fitted kitchen and lounge, two large bedrooms and bathroom with WC. Externally the property offers one allocated parking space.
- Minimum income requirement - £23,758
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
The property is located close to Nottingham centre with several local shops, restaurants and supermarkets nearby. The property also offers easy access to Nottingham Station and many bus links.
Two bedroom apartment
One allocated parking space
Close to local amenities in Nottingham
A two bedroom apartment located in available through the Shared Ownership Scheme.
Available for £62,500 for 50% share based on the marketing figure of £125,000.
SO Resi Monthly Payment - £379.56
Monthly Service Charge - £126.38
Total Monthly Charge - £505.94 PLUS MORTGAGE REQUIRED FOR 25% SHARE.
Energy Rating Band - B
Environmental Impact Band - B
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.
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