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Edwalton Park by Legal & General Affordable Homes in Edwalton

Sorry, this development is no longer listed on newhomesforsale.co.uk.

 

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Shared Ownership 2 & 3 Bedroom Homes in Nottinghamshire

2 & 3 Bedroom Houses – From £88,000 - £114,000 for a 40% share

Price breakdown:

Minimum share: 40%
Minimum share value: £88,000 - £114,000
Full market value: £220,000 - £285,000
Estate charge: £649.15 per year
Rent on un-owned share: £302.50 - £391.88 per month

This prestigious collection of beautifully-appointed 2 and 3 bedroom homes is located in one of the most sought-after locations near Nottingham. Through Legal & General Affordable Homes, the prospect of living here is open to more people than ever.

The architects and interior designers behind this new Edwalton Park estate have carefully balanced the practical needs of modern life with a stunning contemporary design aesthetic. The result is an outstanding collection of homes perfect for growing families and for those looking to get on the property ladder.

A short 20 minute’s drive north of Edwalton Park, is the vibrant centre of Nottingham, with its historic buildings, myriad cultural draws and thriving restaurants and bar scene.

Key features:
• Integrated hob and oven
• Paved patio area
• Turf to rear garden
• Allocated parking
• NHBC 12 year warranty

What is Shared Ownership?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home – this is usually between 25 to 75 percent of the value of the property – and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).*

Eligibility criteria:
To be eligible for a home at Edwalton Park, you’ll need to:

• Have a gross household income of no more than £80,000 per annum
• Be unable to purchase a suitable home to meet your housing needs on the open market
• Not already own a home or you will have sold your current home before you purchase

If you don’t meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.

The images shown are indicative and intended to act as a guide only.

Legal & General Affordable Homes