Full price: £160,000 The full value of the property
Share value: 50% - £80,000
Estimated monthly cost*: £837
Estimated Monthly Mortgage*: £401
SO Resi Monthly Payment: £336.15 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £99.38 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
A well-designed and maintained second floor apartment in Nottingham available now for sale through the Shared Ownership Scheme.
The property comprises two spacious bedrooms with excellent front and rear views, spacious living area, fitted kitchen, bathroom and hallway.The property is located within a nice area and offers allocated parking.
- Minimum income requirement - £27,865
- Buy more shares for a minimum of 10%
- Income requirement reduces if a higher deposit's available
The property is located within walking distance from the local shops, bars and cafes in Central Avenue.
The area is also well-served by a good network of buses and an easy access access to the main roads and motorways.
A two bedroom second floor flat located in Nottingham available through the Shared Ownership Scheme.Available for £80,000 for 50% share based on the marketing figure of £160,000.
SO Resi Monthly Payment - £336.15
Monthly Service Charge - £99.38
Total Monthly Charge - £435.53 PLUS MORTGAGE REQUIRED FOR 50% SHARE
Energy Rating Band - C
Environmental Impact Band - C
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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