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Edwalton Park

Shared ownership

Melton Road, Edwalton, NG12 4JY

For salenew home
Shared ownership
Photo of Edwalton Park
Live from space album cover
  • from

    £100,000

    2 bedroom

from

£100,000

with min. deposit

£5,000

Legal & General Affordable Homes

£100,000

2 bedroom end of terrace house

Availability

For sale

Minimum share

40%

Full market price

£250,000

Deposit from

£5,000

Monthly rent

£344

Monthly service charge

£50

Bedrooms

2

Bathrooms

1

Reception rooms

1

Furniture status

unfurnished

Floor area

68

Number of floors

2

Entrance floor

Ground floor

Tenure

leasehold

Lease years

250

Property features

Central heatingDouble GlazingOff street parkingPatioPrivate GardenRear Garden
EER Current84
EIR Current88

Overview

Edwalton Park is a new prestigious development comprising 2 and 3 bedroom homes in one of the most sought-after locations near Nottingham. 

The architects and interior designers behind this new estate in Edwalton Park have deliberately combined the functional needs of everyday life with beautiful contemporary aesthetics. 

The properties at Edwalton Park offer bright and spacious bedrooms and a trendy open plan kitchen and dining area ideal to relax in style. 

Edwalton Park is just 20 minutes away by car from the bustling hub of Nottingham, with its multitude of cultural attractions and thriving restaurants and bar scenes. 

For more information  …

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

from

£100,000

with min. deposit

£5,000

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