This well‑designed apartment is located within the sought‑after Pelham Waterside development on Trent Lane, offering contemporary living in an attractive riverside setting. The apartment features a thoughtfully planned layout with spacious accommodation throughout, ideal for modern lifestyles. Positioned at ground floor level, the home benefits from convenient access and a strong connection to its surroundings, making it an excellent choice for first‑time buyers, downsizers or those seeking a stylish city base close to Nottingham’s vibrant waterfront.

Description

35% shared ownership of a two-bedroom first floor flat for £89,250. Monthly rent on remaining share is £379.84. In addition, there will be a monthly service charge of £150.56.

Specification

Kitchen

• Fitted modern kitchen
• Integrated appliances
• Angled extractor hood
• Contemporary mixer taps
• Luxury vinyl flooring

Bathroom

• Porcelanosa white suite with chrome fittings
• Tiling to ceiling around the bath
• Shower over bath
• Glass shower screen
• Luxury vinyl flooring

Heating

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

External

• EV chargers
• Off-street allocated parking for one car
• Cycle store

Decoration

• White emulsion walls and ceilings
• White gloss painted woodwork

Council tax banding - C

Energy performance - B

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

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.