Three-bed semi-detached house

Available now

50% Shared Ownership of a three-bedroom semi-detached house for £135,000. Monthly rent on remaining share is £309.38. In addition, there will be a monthly service charge of £21.53. There is no ground rent to pay.

Specifications

Kitchen

• Fitted modern kitchen
• Integrated oven and hob
• Stainless steel extractor hood
• Vinyl flooring

Bathroom

• White bath suite with chrome fittings
• Tiling to ceiling around the bath
• Shower over bath
• Glass shower screen
• Vinyl flooring

Heating

• Gas fired central heating with combi boiler
• Thermostatic radiator valves
• Double glazed windows

External

• Allocated off-street parking
• Enclosed rear garden

Decoration

Magnolia emulsion walls and white ceilings
White gloss painted woodwork

Council tax banding - C

Energy rating - B

What is shared ownership?

Coming this summerShared 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.

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.

How to apply

You can apply for one of our shared ownership homes by completing our application form. Please email completed forms to nchasales@ncha.org.uk.

A member of the Sales team will contact you directly once your application has been reviewed.

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 your deposit on completion.

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.