Property for sale in Derby DE23, 2 Bedroom

35%Shared Ownership for £63,000.

Monthly rent on remaining share is £268.13 Monthly service charge is approx. £22 There is no ground rent to pay.

What is Shared Ownership?
Shared ownership is a part-buy, part-rent scheme designed to help people who cannot afford to buy a home on the open market. You buy a share of a property, usually 25% or 75% on a long term lease, and pay a subsidised rent on the remaining share. Gradually it is possible to purchase further shares as they become affordable, and progress to full ownership.

Who qualifies?
Anyone who does not currently own or part own a property and has a household income of less than £80,000 per year can apply.

House Specification
Kitchen
A selection of contemporary wall and base units
Integrated stainless steel gas hob, electric oven
Plumbing for washing machine
Bathroom
White bathroom suite
shower over the bath
Tiled to full ceiling height in shower area
Extractor Fan
Internal
Gas central heating combi boiler
Kitchen diner
double glazing
White painted woodwork and magnolia painted walls
Downstairs cloakroom with w/c and wash-hand basin
External
Enclosed turfed rear gardens to houses
Two allocated parking spaces

Viewings & Reservations
Before arranging a viewing, you will need to register your interest with Help to Buy Midlands by completing an application form on their website . Once assessed, they will forward your application form to us. If your application is successful we will contact you to arrange a viewing.

A non-refundable reservation fee of £250 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.

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.