Tenure: Leasehold*75% SHARED OWNERSHIP* A great and affordable way to get on the property ladder! This spacious, modern three bedroom semi detached house is situated on a popular development with great local amenities and close enough to walk into Newark! This ideal first time purchase has; a spacious lounge with under stairs storage, ground floor WC, and an open plan kitchen diner across the back looking on to the rear garden. To the first floor there are 3 good sized bedrooms and a bathroom. The property benefits from off road parking, a generous enclosed rear garden, UPVC double glazing and gas central heating. EPC rating: B. Council tax band: A, Tenure: Leasehold, Length of lease (remaining): 120 years 8 months, % Share being sold: 75, Shared Ownership - Lease Details Management Company - NCHA
Years Remaining on Lease - 125 Years from 01/01/2020
Current Rent, service charge & buildings insurance per month - £149 ACCOMMODATION - Rooms & MeasurementsLounge4.98m x 5.11m (16'4 x 16'9)maximum measurements Ground Floor WC1.09m x 1.80m (3'7 x 5'11)Kitchen/Diner 5.13m x 3.02m (16'10 x 9'11)First Floor Landing Bedroom One3.07m x 3.43m (10'1 x 11'3)Bedroom Two5.11m x 3.25m (16'9 x 10'8)maximum measurements Bedroom Three3.12m x 1.90m (10'3 x 6'3)Bathroom1.98m x 1.70m (6'6 x 5'7)ServicesMains gas, electricity, water and drainage are connected.Shared Ownership What is Shared Ownership?
Shared ownership is a part-buy, scheme designed to help people who cannot afford to buy a home on the open market. The scheme offers you the opportunity to buy a property in stages from Nottingham Community Housing Association (NCHA). Gradually it is possible to purchase further shares as they become affordable, and progress to full ownership. There is no obligation to increase your share. You can sell your share on at any time.How does Shared Ownership Work?
You purchase the share of the property with a mortgage or cash sum; You pay a service charge and rent to Nottingham Community Housing Association.Am I Eligible to Purchase this Property?
For further information please contact the office.NewarkA traditional market town that benefits from its excellent location, situated just off the A1 and A46 between the cities of Nottingham and Lincoln and having 2 railway stations including Northgate Station which is on the east coast Main line offering commuters and shoppers easy access to London. The town is full of character with its bustling traditional cobbled market square and ruins of Newark castle that date back to 1123. Newark boasts a wealth of successful independent shops and boutiques, as well as a wide range of national chains. The town also offers an array of restaurants and cafes, a theatre and a multi-screen cinema. Newark is also a hub for antique enthusiasts, with its various antique shops and regular antique fairs held at the nearby Newark Showground.Agent's Note - Sales ParticularsAlthough these particulars are thought to be materially correct, their accuracy cannot be guaranteed, and they do not form part of any contract. All services, heating systems and appliances have not and will not be tested, and no guarantees have been provided for any aspects of the property, measurements cannot be taken to be accurate, they are given as a guide only.Interactive Property ReportAn Interactive Property Report for this property can be viewed on the following web portals, under the virtual tour tab - Rightmove, Zoopla and Newton Fallowell. The report includes a wealth of material including information on - Title Plan and Plot, Maps, House Price Statistics, Flood Risk, Media Availability, In depth Local School Information, Transport Links, etc.Anti-Money Laundering RegulationsAnti-Money Laundering Regulations - Intending purchasers will be asked to produce identification documentation at the offer stage and we would ask for your co-operation in order that there will be no delay in agreeing a sale.Referrals Newton Fallowell Newark and our partners provide a range of services to our vendors and buyers. Conveyancing - If you require a solicitor to handle your sale or purchase, we can refer you on to a panel of preferred providers, we may receive a referral of up to £300 if you choose to use their services, there is no obligation to use solicitors we refer to. Mortgage Advice - Correct budgeting is crucial before committing to purchasing a property. You are free to arrange your own advice, but we can refer you to the Mortgage Advice Bureau who are in house for specialist advice on 1000s of mortgage deals if required. Please be aware that we may receive a fee of £332 if you ultimately choose to arrange a mortgage/insurance through them. Property Surveys - If you require a property survey of any kind, we can refer you to an RICS surveyor, and we may receive a referral fee of up to £30 should you chose to arrange a survey through them. For more information please call the office.