Summary - 15, ELIZABETH DRIVE NG12 4LG
2 bed 1 bath Semi-Detached
Well-presented two-bedroom shared ownership home in sought-after Edwalton with off-street parking..
50% shared ownership; 50% share priced at £145,000
A modern two-bedroom semi-detached home built in 2021, offered as 50% shared ownership with a 50% share priced at £145,000. The property is well presented throughout and benefits from an open-plan living space, a contemporary fitted kitchen, ground-floor WC and two double bedrooms — practical accommodation for a first-time buyer or couple.
Outside, there is off-road parking for two cars and an enclosed rear garden with patio, lawn and gravel seating area. The home sits in a sought-after Edwalton location with excellent broadband (ultrafast available), very low crime, good mobile signal and strong local schools — useful for commuting and family life.
Important points to note: tenure is leasehold with a very long lease (996 years remaining) and a high annual rent/ground rent figure (£4,564.56 pa). There is a modest annual service/management charge (£25.14) and small annual buildings insurance contribution (£10.43). Prospective buyers must meet shared-ownership eligibility criteria; legal and eligibility checks are required before purchase.
The property shows as average-sized internally (approx. 673 sq ft), with straightforward, low-maintenance finishes and efficient gas central heating. It represents an affordable route onto the local market, but buyers should factor the ground rent figure and shared-ownership terms into affordability calculations and seek full documentation and a survey before proceeding.
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