Summary - 3 GRESSINGHAM CLOSE, FOREST TOWN NG19 0FH
3 bed 1 bath End of Terrace
Affordable shared-ownership entry in a quiet, well-connected suburb.
25% shared ownership available from £47,500
Three bedrooms with master en-suite shower
Open-plan living, modern fitted kitchen
Private rear garden with side gate and shed
Allocated off-street parking space
Leasehold: 88 years remaining, shared ownership
Additional legal/conveyancing fees likely on purchase
Subsidised rent payable on unsold share; staircasing possible
This three-bedroom end-of-terrace home is offered as a 25% shared ownership share from £47,500, making it a lower-cost route onto the housing ladder in a quiet suburban pocket of Forest Town. Built since 2012, the house has modern fittings, gas central heating and double glazing, and sits in a low-crime, well-connected neighbourhood with fast broadband and local bus links.
The ground floor has open-plan living with a fitted kitchen, under-stairs storage and double doors out to a small rear garden laid to lawn. Upstairs the landing serves three bedrooms; the master benefits from an en-suite shower and there is a family bathroom. Outside there is allocated off-street parking and a garden shed.
Important purchase details: the property is leasehold/shared ownership with 88 years remaining on the lease and additional legal costs expected on completion. Buyers will pay a subsidised rent on the unsold share and may increase their ownership later by staircasing. Council tax is very low, and the area is described as comfortable suburbia with several primary and secondary schools nearby.
This home suits first-time buyers seeking affordability without sacrificing modern conveniences. It is presented as move-in ready, but shared ownership limits and lease length are material considerations — check affordability for combined mortgage and rent and seek solicitor advice on extra conveyancing fees.
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