£114,000
4 bed end terrace house for saleWoodhall Lane, Fernwood, Newark, Nottinghamshire NG24
4 beds
2 baths
1 reception
Just added
New home
Shared ownership
About this property
The Cyprus welcomes you with a generous entrance hall leading to a modern u-shaped kitchen and a dedicated utility room with access to a convenient WC. The hallway opens into a spacious living and dining area, with French doors leading to the rear south-facing garden. On the first floor, bedroom one features a private en-suite and built-in wardrobe, while a contemporary family bathroom serves a single bedroom. The second floor offers two additional double bedrooms. This home also features a single garage and two parking spaces.
Financial Breakdown:
Full market value: £285,000
40% share value: £114,000
5% deposit: £5,700
Monthly Rent on un-owned share (60%) £391.88
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
Disclaimers
o Rent on the unsold share is charged at 2.75% for the first year. For exact costings, please speak to an independent financial or mortgage advisor.
O Deposits start from 5% of your chosen share value, illustrated deposit only and depends on lender and product availability.
O Share percentage advertised is an example. Typically shares up to 75% are available depending on your affordability. Please speak to a member of team for more information
o Please note images used in this listing are for illustration purposes and are not exact to the property.
Financial Breakdown:
Full market value: £285,000
40% share value: £114,000
5% deposit: £5,700
Monthly Rent on un-owned share (60%) £391.88
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
Disclaimers
o Rent on the unsold share is charged at 2.75% for the first year. For exact costings, please speak to an independent financial or mortgage advisor.
O Deposits start from 5% of your chosen share value, illustrated deposit only and depends on lender and product availability.
O Share percentage advertised is an example. Typically shares up to 75% are available depending on your affordability. Please speak to a member of team for more information
o Please note images used in this listing are for illustration purposes and are not exact to the property.
Mortgage calculator
Monthly repayment
£570 per month
Whole of market comparison
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Council tax band
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