This brand-new development of homes will appeal to a wide range of potential homeowners, including first-time buyers, downsizers and families. The two and three-bedroom homes on offer feature enclosed read gardens and allocated off-road parking.

Applications will be reviewed on a first come, first served basis. Please note, however, that we will not begin reviewing applications until the week commencing 16th February.

Description

50% shared ownership of a two-bedroom end-terrace house for £126,000 Monthly rent on remaining share is £288.75. In addition, there will be a monthly service charge of £56.64 There is no ground rent to pay.

Specifications

Kitchen

• Fitted modern kitchen
• Integrated oven and hob
• Stainless steel extractor hood
• Vinyl flooring

Bathroom

• White bathroom suite with chrome fittings
• Tiling to ceiling around the bath
• Shower over bath
• Glass shower screen
• Vinyl flooring

Heating

• Gas central heating system
• Double glazed windows

External

• Allocated off street parking
• Enclosed rear garden
• EV chargers

Decoration

• White emulsion walls and ceilings
• White gloss painted woodwork

Council tax banding - B

Predicated energy rating - A

The Predicted Energy Assessment (PEA) is an assessment of the energy efficiency of a building that is yet to be built. Once the building is complete, it will be replaced by the Energy Performance Certificate (EPC). Please note that the rating may change once the final EPC has been issued. This is due to recent changes in the way the PEAs/EPCs are calculated.

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 can apply for one of our shared ownership homes by completing our application form. Please email completed 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

Gas Street is ideally located in the heart of Sandiacre, a well‑connected Derbyshire town within the Erewash district. The area sits close to the River Erewash, offering pleasant walks and green surroundings, and forms part of a wider neighbourhood with a blend of historic character and modern amenities. The street itself is positioned near the Erewash Canal and the Grade II‑listed Springfield Mill, giving the location a distinctive heritage feel.

Residents benefit from a strong local community with convenient access to everyday essentials, including nearby supermarkets, cafés, schools and healthcare facilities. Local services in close proximity include Ladycross Infant School, Friesland School, and a selection of independent shops and eateries. 

The location also offers excellent links to major regional employers. Rolls‑Royce and Denby Pottery, are within comfortable commuting distance, making Gas Street a great base for professionals working in the area.

With green riverside surroundings, strong transport connectivity and cultural attractions nearby, Gas Street offers an appealing balance of convenience, heritage and lifestyle.

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.