£147,500
(£183/sq. ft)
2 bed semi-detached house for saleElizabeth Drive, Nottingham NG12
2 beds
1 bath
1 reception
807 sq. ft
EPC Rating: B
About this property
Modern two-bedroom semi-detached home built in 2021
Spacious open-plan kitchen/reception room with French doors to the garden
Enclosed rear garden with patio area, side access and two off-street parking spaces
Located within the sought-after Edwalton Fields development, close to local amenities and transport links
50% Share £147,500 or 100% £295,000
Shares available from 50% to 75%
Monthly Rent on 50% Share £367.57
Monthly Service Charge £26.15
Monthly Lease Management Fee £25.02
Reverts to Freehold on 100% sale
A lower-deposit way onto the Edwalton property ladder - available from just £7,375 deposit.*
This modern two-bedroom shared ownership home offers an excellent opportunity for first-time buyers or those looking for a more affordable route into home ownership in the sought-after Edwalton Fields development.
Available from a 50% share at £147,500, the property allows buyers to purchase a share of the home now, with the option to increase ownership over time through staircasing. A 100% purchase is also available at £295,000, and the property reverts to freehold upon full ownership.
Built in 2021, the home is well arranged for modern day living. The ground floor features a bright open-plan kitchen/reception room with French doors opening directly onto the enclosed rear garden, creating a sociable living space for relaxing, working from home or entertaining. A contemporary fitted kitchen, useful storage and a ground floor WC complete the ground floor accommodation.
Upstairs, there are two well-proportioned bedrooms and a modern family bathroom, offering practical and comfortable space for a first home, small household or downsizer.
Outside, the property benefits from an enclosed private rear garden, mainly laid to lawn with a patio area and side access. To the front, there are two off-street parking spaces.
Edwalton Fields is a popular and well-connected modern development, offering green open spaces, local amenities and access to Nottingham, West Bridgford and surrounding areas. With two-bedroom homes now sold out from the developer, this is a rare opportunity to secure a home in an established new community.
Shared ownership information
50% share price: £147,500
Full market value: £295,000
Deposit from: £7,375*
Monthly rent on 50% share: £367.57
Monthly lease management fee: £25.02
Monthly service charge: £26.15
Initial shares available: 50% to 75%
Staircasing: Available over time
Tenure: Reverts to freehold on 100% ownership
*Deposit figure is based on a 5% deposit of a 50% share. Subject to lender criteria, affordability assessment and eligibility. Your home may be repossessed if you do not keep up repayments on your mortgage.
Quote Ref: 771987 when calling
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More information
Tenure
Leasehold (120 years)
Service charge
Council tax band
B
Ground rent
Ground rent date of next review
Shared ownership percentage owned
50%
Shared ownership rent
£368 per month



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