This superb modern home is available to buy from as little as £52,500 with a 25% share!
An attractive mid terrace home offering well planned accommodation and being offered for sale with no onward chain. The ground floor comprises an entrance hallway leading to a fitted kitchen, a convenient downstairs WC and a spacious lounge overlooking the rear garden. Upstairs, the property features two spacious bedrooms and a family bathroom. Externally, the property benefits from a private rear garden and parking.
Situated in the sought-after village of Etwall, the property enjoys a welcoming community atmosphere whilst remaining close to a range of everyday amenities. The village offers local shops, traditional pubs, a pharmacy and recreational facilities, alongside educational options including Etwall Primary School and John Port Spencer Academy. Nearby countryside and green spaces provide excellent opportunities for walking and outdoor activities, making this an appealing location for those seeking a balance between village life and modern convenience.
Etwall is ideally positioned for commuters, offering convenient access to Derby, Burton upon Trent and the wider Midlands road network. The nearby A50 provides connections towards the A38 and M1, whilst Willington railway station offers additional travel options. Local bus services further enhance connectivity, making this an excellent choice for those seeking village living without compromising on accessibility.
PRICING & AFFORDABILITY
Full Market Value: £210,000
25% Share Price: £52,500 (rent £397.14pcm)
Minimum 5% Mortgage Deposit (25% share): £2,625
Approximate Service Charges: £53.39pcm*
Shared Ownership Lease: 118 years remaining
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
