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We have these three-bedroom detached houses for sale with the help of shared ownership.

Description

50% shared ownership of a three-bedroom detached house for £144,975. Monthly rent on remaining share is £332.23. In addition, there will be a monthly service charge of £45 (this is an estimated budget and may change when the management company is instructed formally, accounts are completed each year and you will be informed of monies that are refundable or owed).

Specification

Kitchen

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

Bathroom

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

Heating

• Gas fired central heating
• Thermostatic radiator valves
• Double glazed windows

General

• Enclosed rear garden
• Parking for two cars
• EV car charging point
• Fitted security alarm

Decoration

• White emulsion walls and ceilings
• White gloss painted woodwork
• Carpeted throughout

Council tax banding - C

Predicated energy rating - A

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 40 - 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

Church Farm in Ripley, Derbyshire, is set in a vibrant market town with a rich industrial heritage and a strong sense of community. The property is close to local amenities, including independent shops, cafes, and supermarkets, as well as schools and leisure facilities.

Ripley benefits from excellent transport links, with easy access to the A38 and M1, connecting to Derby, Nottingham, and the wider East Midlands. The surrounding Derbyshire countryside offers beautiful walking and cycling routes, while nearby attractions like the Peak District National Park and historic towns such as Matlock and Belper provide excellent opportunities for exploration and leisure.

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.