Available now

A three-bedroom semi-detached house for sale with the help of shared ownership.

We're building a 26-home development off Swaddale Avenue in Chesterfield, and 10 will be available to purchase with the help of shared ownership. There will be a mix of two and three bedroom homes including two two-bedroom bungalows. The first phase is now available for sale.

Description

50% shared ownership of a three-bedroom semi-detached house for £115,000. Monthly rent on remaining share is £263.54. In addition, there will be a monthly service charge of £51.16.

25% shared ownership of a three-bedroom semi-detached house for £57,500. Monthly rent on remaining share is £395.31. In addition, there will be a monthly service charge of £51.16.

Specification

Kitchen

• Fitted contemporary kitchen
• Integrated oven and hob
• Stainless steel extractor hood
• Contemporary mixer taps
• Vinyl flooring

Bathroom

• White sanitary ware
• Tiling to ceiling around the bath
• Shower over bath
• Glass shower screen
• Vinyl flooring

Heating

• Gas fired central heating
• Double glazed windows

General

• Enclosed rear garden
• Parking for two cars

Decoration

• White emulsion walls and ceilings
• White gloss painted woodwork

Council tax banding - C

Predicated energy rating - B

The Predicted Energy Assessment (PEA) is an assessment of the energy efficiency of a building that is yet to be built. Once the building is complete, it will be replaced by the Energy Performance Certificate (EPC). Please note that the rating may change once the final EPC has been issued. This is due to recent changes in the way the PEAs/EPCs are calculated.

What is shared ownership?

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%.

The properties are sold on a 990 year shared ownership lease.

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 will need to provide a completed application form, financial assessment, Mortgage in Principal and proof of funds for your application to be complete and accepted. Please email completed application 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 10 - 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.

Local information

Swaddale Avenue is located in a quiet, residential area of Chesterfield, offering a peaceful environment while still being close to local amenities. The area is ideal for families, with several nearby schools, parks, and recreational facilities. Chesterfield town centre is just a short drive away, providing a wide range of shops, restaurants, and entertainment options.

Excellent transport links, including easy access to the M1 and Chesterfield railway station, make commuting to nearby cities like Sheffield and Nottingham convenient. With a friendly community and a blend of suburban tranquillity and urban accessibility, Swaddale Avenue is a desirable location for a comfortable family home.

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. Images are displaying typical standard rooms of existing shared ownership properties.

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.