Shared Ownership £27,500 For Sale

Watnall, Nottingham

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Key Features

  • 25% Shared Ownership Sale
  • Second Floor Apartment
  • 2 Double Bedrooms
  • Open Plan Living Space
  • Well Presented Throughout
  • Allocated Parking Space
  • First Time Buyer Opportunity
  • No Upward Chain

*** SHARED OWNERSHIP *** An excellent opportunity to purchase a 25% share of a modern 2nd floor apartment within a popular development off Newdigate Road, Watnall. The apartment is accessed via a communal entrance hall with intercom system and communal stairs leading to the 2nd floor. The apartment comprises in brief, entrance hall, open plan lounge diner, 2 double bedrooms and bathroom fitted with a white suite. Outside, there is an allocated parking space. Woodland Close is a development of apartments and town houses just outside Kimberley Town Centre, which offers a wide range of shops, amenities, public services and transport links. The property is offered for sale with No Upward Chain and is now available to view. Full details of rent, service charge, lease term & stair-casing options can be found in the agents note below. For more information, call our team.  

Entrance Hall

Entrance door, storage cupboard, radiator, access to the attic and doors to all rooms.

Lounge Area

6.72m x 2.63m (22' 1" x 8' 8") 3 uPVC double glazed windows to the rear, front and side and wall mounted electric fire.

Kitchen Area

3.08m x 2.55m (10' 1" x 8' 4") Matching wall & base units, work surfaces incorporating a stainless steel sink & drainer unit with mixer tap. Integrated electric oven & 4 ring hob with extractor over. Space for fridge and uPVC double glazed window to the front.

Bedroom 1

3.17m x 2.82m (10' 5" x 9' 3") Fitted wardrobes, radiator and uPVC double glazed window to the rear.

Bedroom 2

2.82m x 2.26m (9' 3" x 7' 5") UPVC double glazed window to the rear and radiator.

Bathroom

2.56m x 2.09m (8' 5" x 6' 10") 3 piece suite comprising WC, pedestal sink unit and bath with electric shower over. Ceiling spotlights and obscured uPVC double glazed window to the front.

Agents Note

We have been provided with the following information which is correct as of 19th November 2020.
The property is held on a 99 year lease which commenced 20th April 2007.
The monthly rent is £324.91. The monthly service charge is £82.95. This is reviewed yearly and is increased in line with RPI.
Stair-casing options are available in which the buyer can apply to purchase a larger percentage of the property in the future. (subject to terms and conditions)
The asking price of £27,500 reflect 25% of the open market value (£110,000)

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