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Shared Ownership
£123,750

2 bedroom semi-detached house
Lowe Avenue, Smalley, Ilkeston

Contact Burchell Edwards at Ripley branch for information

T: 01773 748807
ripley@burchelledwards.co.uk

Ref: RIP204365


no stamp duty

** 75% SHARED OWNERSHIP ** PLOT 51 ** Are you looking to get your foot on the property ladder? Then look no further!! Burchell Edwards are delighted to offer to the market this 2 bedroom semi-detached SHARED OWNERSHIP property. The accommodation benefits from having off road parking and in brief comprises; entrance hall, lounge/diner, kitchen, ground floor W.C, two double bedrooms and a bathroom. For further information on this delightful NEW HOME please call the Burchell Edwards team today!!

Shared ownership provides an affordable way for you to become a home owner, by buying a share in a new home and paying a subsidised rent on the remaining share. You will then have opportunity to purchase further shares in your home in the future up to 100%, which we call "staircasing", as further shares are purchased the rent reduces accordingly. For more information please contact Burchell Edwards, Ripley today.

Key Features

  • ** PLOT 51**
  • **75% SHARED OWNERSHIP **
  • Two Bed Semi Detached Home
  • Lounge Diner
  • Fitted Kitchen
  • Ground Floor WC & First Floor Family Bathroom
  • Parking For Two
  • Turfed Rear Garden

Tenure

Leasehold

Full Details

Shared Ownership
Shared ownership provides an affordable way for you to become a home owner, by buying a share in a new home and paying a subsidised rent on the remaining share. You will then have the opportunity to purchase further shares in your home in the future up to 100%, which we call "staircasing", as further shares are purchased the rent reduces accordingly.

Please be advised that the price advertised is for a 75% share. (Other share options are available subject to availability). The remaining share of equity is owned by the housing association to which a monthly rent is payable. This is calculated at 2.75% of the value of the share so on this example of 75%, the monthly rent would be £94.53 pcm.

There is a monthly service charge of £12.17.

General Area
Smalley is a small village in Derbyshire, situated 6 miles north east of Derby and 12 miles from Nottingham. Surrounded by the beautiful Derbyshire countryside, Smalley provides great access to those who enjoy the outdoors.

Retained within the village are several shops and pubs, a village school and church.

Photographs
Please be advised that the front photographs are not of this specific property but of the same style property.

Plot
51

Reservation
These properties are due to be build complete in September but are available to reserve now. A £250 reservation fee will be payable following a successful application to the housing association.

Please note that the marker reflects the centre of the postcode rather than the exact property location.

To view this property please contact Burchell Edwards on

T: 01773 748807
ripley@burchelledwards.co.uk

4 Grosvenor Road, RIPLEY, Derbyshire, DE5 3JF

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

  • (1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  • (2) These particulars do not constitute part or all of an offer or contract.
  • (3) The measurements indicated are supplied for guidance only and as such must be considered incorrect.
  • (4) Potential buyers are advised to recheck the measurements before committing to any expense.
  • (5) Ashley Adams has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
  • (6) Ashley Adams has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Go to Ripley branch

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