Shared Ownership in Derby, Derbyshire 1 bedroom Flat
- Overall Property Price
- £ 64,000.00
- Shared Ownership Amount From
- 50% / £ 32,000.00
- Rental Price
- £ 96 per month
- 22.17 per week
- Estimated Monthly Service Charge
- £ 77.67
- Shared Ownership
- Derbyshire / Derby
- Energy Rating
- Date Listed
- Estimated Available From Date
- Property Views
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50% share for £32,000 - Shared Ownership in Derby, Derbyshire 1 bedroom Flat
50% share for £32,000 - 75 Addison Road , Derby
Stonewater are marketing this shared ownership property on behalf of the vendor. This is a 1 Bedroom flat located on the second floor of a three storey block of apartments.
Key Features of this Derby shared ownership resale property
The property consist of entrance hall, living room, kitchen, 1 bedroom and bathroom. There is a 50% share available for £32,000. However the property does allow for a potential of purchasing further shares of 100%. Service charges and rent at the property amount to £173.78. EPC rating is current 'C' with electric heating.. Property also comes with designated parking space and communal gardens.
- 1 Bedroom Second Floor Flat
- EPC rating 'C' & Electric Heating
- Allocated parking space and Communal gardens
Location of this part buy / part rent home
The property is located in Derby.
EligibilityShared Ownership homes are aimed at first time buyers or those who used to own a home, but are unable to buy one at the moment. It’s a way to get your foot on the property ladder enabling you to buy your first home.
- You are eligible if you have a household income that is less than £80,000 per year (in London it is less than £90,000).
- You don’t have to get a massive deposit because you will only need a mortgage for the share you are buying.
- The share of a property typically starts at 25% which you can take out a mortgage for, although the amount of share available to buy will be dependent on the housing provider.
- In addition you be required to pay a reduced rent as well as a mortgage.
Property listed on MovingSoon.co.uk by Stonewater Homes Resales.
Please make sure you include a contact number and email address as well as quoting Property ID (#34244) when submitting your enquiry.
- First Time Buyer
- Older People's Shared Ownership (OPSO)
- Retirement Shared Ownership
- Shared Ownership Resale
Address, Map and Street View
75 Addison Road, Derby, United Kingdom
For Sale by Stonewater Homes Resales
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