2 bedroom property for sale

£40,000

Waterside, North Muskham, Newark NG23

2 bedroom property for sale 2 1 1
Interested in this property? Call +44 115 774 0128 * or Request Details

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Property features

  • Garden
  • Parking

Property description

25% Shared Ownership for £40,000.

Monthly rent on remaining share is £275.00. There will be a monthly service charge to pay of £36.21. There is no ground rent to pay.

Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%. If you own more than 80% and decide to sell, ncha will buy the property back from you.

Households earning less than £80,000 a year, first time buyers and previous homeowners who need help to buy are eligible to apply. A local connection applies.

How to Apply

If you would like to apply, please complete an application form for Shared Ownership through Help to Buy Midlands and London. You can do this by visiting their website and selecting 'Apply'.

Your affordability will be assessed based on the information you provide on the application form. Ncha will make an offer based on the amount you can afford, between 25 - 75%. If your application is successful a non-refundable reservation fee of £350 is required to reserve your new home, this amount goes towards you deposit on completion.

The properties are sold on a 125 year shared ownership lease.

House Specification
Kitchen
* A selection of contemporary wall and base units
* Integrated stainless steel gas hob, electric oven
* Plumbing for washing machine
* Extractor Hood
* Vinyl Flooring

Bathroom
* White bathroom suite
* shower over the bath
* Tiled to full ceiling height in shower area
* Extractor Fan
* Vinyl Flooring

Internal
* Gas central heating combi boiler
* Double glazing
* Cloakroom with w/c and wash-hand basin

External
* Turfed rear garden
* Off street allocated parking
Disclaimer
Any measurements quoted are approximate and must be checked on site and against the layout which may vary due to unforeseen circumstances. Floor plans may be mirror handed. These details have been produced for illustrative purposes only and does not form any part of a contract or constitute and offer. Actual specification may vary from that shown in floor plan.

Property info

Floorplan(s): Floorplan 1 Floorplan 2

Floorplan 1 View original

Property value data/graphs for NG23

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £382,762 £227 3.9 £325,127
Semi-detached £223,926 £219 3.0 £237,404
Terraced £224,524 £222 2.8 £202,263
Flats £129,352 - 2.0 -

Current asking prices in NG23

Average: £345,968
Avg. current asking prices in NG23
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £80,000
(2)
£191,528
(27)
£286,164
(49)
£435,659
(46)
£466,020
(20)
Flats - - - - -
All £80,000
(2)
£191,528
(27)
£286,164
(49)
£435,659
(46)
£466,020
(20)

Current asking rents in NG23

Average: £1,082 pcm
Avg. current asking prices in NG23
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £650 pcm
(1)
£793 pcm
(1)
£1,073 pcm
(2)
£1,534 pcm
(3)
Flats £464 pcm
(1)
- - - -
All £464 pcm
(1)
£650 pcm
(1)
£793 pcm
(1)
£1,072 pcm
(2)
£1,534 pcm
(3)

Fun facts for NG23

Highest value in NG23
Highest value streets Zed-Index
Norwell Woodhouse, Newark NG23 £578,726
Headland Park £547,832
Main Street £522,564
Norwell Road £508,879
Shelton, Newark NG23 £502,005
Highest turnover in NG23
Highest turnover streets Turnover
Drury Park 61.5%
Floral Villas 47.1%
Peacocks Launde 44.0%
Wickliffe Park 42.9%
Church Street 40.0%
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For more information about this property, please contact
NCHA Sales, NG5 on +44 115 774 0128 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by NCHA Sales, and do not constitute property particulars. Please contact NCHA Sales for full details and further information. The Running Costs data displayed on this page are provided by Homes24 to give an indication of potential running costs based on various data sources. Homes24 does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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