2-Bedroom House, Swadlincote

Quartz Close, Swadlincote, South Derbyshire, DE11 0XY
Coming Soon

Description

50% Shared Ownership of a 2 bed semi-detached property for £92,500. Monthly rent on remaining share is £211.98. In addition there will be a monthly service charge, of £21.92. There is no ground rent to pay.

At Cadley Park you can increase your ownership to 100% at any time and the freehold will be transferred to you.

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

To apply for shared ownership or register your interest please visit the Help to Buy Midlands & London website and complete an application form.

After submitting your application, you will receive an email to say that you have been approved. You will then need to forward your reference number to us so that we can retrieve your form and progress your application.

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 25 - 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.

Room sizes

Living / Kitchen area: 4.468mm x 6.272mm (less stairs & cupboard)
Bedroom 1: 4.468mm x 2.915mm
Bedroom 2: 4.468mm x 2.901mm (less stairs & cupboard)

Specification

  • Gas central heating with combi boiler
  • Fitted kitchen
  • Kitchen includes integral electric oven, gas hob and stainless steel extractor hood
  • Downstairs cloakroom with WC
  • Patio doors to turfed rear garden
  • Shower over bath with glass shower screen
  • Off road parking
  • EPC rating: B

Local information

The town of Swadlincote, Derbyshire, boasts many local amenities including cafes, restaurants, bars and pubs. There's also a shopping centre and Sainsbury's supermarket. For leisure there's a cinema and numerous heritage sites nearby. Swadlincote Woodlands and Park and Swadlincote Snowsports Centre are on the doorstep.

Burton upon Trent is the closest railway station providing services to Edinburgh, Manchester, Leeds and Derby. The A511 links Swadlincote with Leicester to the south and Burton on Trent to the north. There is a connection to the M1 at Stanton.

There are good primary and secondary schools in the area. Further education is available at the Universities of Nottingham and Derby. Close to many local amenities, good schools and excellent transport links.

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. 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.

Enquire about this property

To enquire about this property or arrange a viewing, please enter your details below and a member of the Sales Team will get in touch you.

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Property details

Price £92,500 for a 50% share
Property Type Semi-detached
No. Of Beds 2
View brochure View floor plan