Terraced house for sale in Orchardside, Mark Lane, East Markham NG22

The Braeburn is a beautifully designed 2-bedroom home, ideal for those buying for the first time or those looking to downsize.

Built in circa 2021 the property benefits from 7 years remaining NHBC cover. The Braeburn is the only house type of this style located within the popular Orchardside development in East Markham by Beech Groves Homes, this fantastic home is available to buy now under our shared ownership scheme.

The accommodation on offer comprises of entrance hallway, living and dining area making flexible use of space, well presented fully fitted kitchen and useful ground floor cloakroom along with a modern family bathroom and WC. The property is further enhanced with a fenced rear garden with patio, lawn and decked area. The property benefits from a single garage located within close proximity, double glazing and gas central heating.

What is Shared Ownership?

The Shared Ownership scheme enables buyers to purchase a share of the value of their home - usually between 40% to 75% of the value of the property - and pay a subsidised rent on the remaining portion. Buying a share of the property means you need a much smaller mortgage and deposit than if you were buying the property outright. When you can afford to, you can increase your share and buy your home in stages – a process known as staircasing. After a qualifying period, you may even be able to buy your home outright. Regardless of the size of the share you buy, with Shared Ownership you will own a stake in your own home.

Based on 40% share of the full market value of £195,000 this quality two-bedroom home can be purchased at £78,000 with a deposit of £3900 (Maximum share available 75%, terms and conditions apply)

Full market value - £195,000
40% share - £78,000
Rent per month - £268.12 (2.75%)
Service charge per month - £41.29
Minimum deposit required of 5%- £3900

Location

The Orchardside development is on the fringe of East Markham village adjacent to open countryside. East Markham is a highly sought after and picturesque Nottinghamshire village offering a range of amenities to include a primary school, public house, church and village hall. The village is within easy reach of both Retford and the market town of Newark, both of which provide high speed rail links to London as well as a comprehensive range of amenities including shops, bars and restaurants. The development is also within the catchment area for the Outstanding Ofsted rated Tuxford Academy.

For more details on shared ownership or to arrange a viewing please contact the agents. Terms and conditions apply, The property is sold as seen

Dimensions:

Lounge - 4.28m x 4.15m, 14'0'' x 13'8''
Kitchen - 2.14m x 3.06m, 7'0'' x 10'0''
Cloakroom - 0.95m x 1.81m, 3'1" x 5'11"

First Floor:

Bedroom 1 - 4.27m x 2.6m, 14' 0" x 8' 6"
Bedroom 2 - 4.27m x 2.46m, 14' 0" x 8' 1"
Bathroom - 2.12m x 2.15m, 6' 11" x 6' 12"