Affordable 45% shared ownership in West Bridgford with garden and parking.
45% shared ownership available — purchase price £119,250 for the share
Minimum 5% deposit required — lower upfront cost for first-time buyers
Monthly rent £325.81; service charge approx. £100.58 (£1,206.96 pa)
119 years remaining on lease — long lease but leasehold sale implications
Private rear garden and two off-street parking spaces included
Approx 626 sq ft; two bedrooms, one bathroom — compact, manageable layout
B-rated EPC; mains gas boiler and radiators — efficient heating
Area crime above average; annual rent increases each April
Bright two-bedroom semi-detached home in West Bridgford offered via Shared Ownership, aimed at first-time buyers seeking an affordable local move. The property provides practical living across two storeys with a reception room opening to a private rear garden and two off-street parking spaces — useful for small families or commuters.
Financial entry is the headline: a 45% share is offered at £119,250 with a minimum 5% deposit. Monthly costs combine rent (£325.81) and an average service charge (£100.58) giving an estimated total monthly outlay of £426.39 plus mortgage payments for the share. There is an annual rent increase each April; prospective purchasers should budget for this and consult a solicitor or mortgage adviser about leasehold/shared-ownership implications.
Practical positives include a B-rated EPC, mains gas central heating, fast broadband, excellent mobile signal and a long lease (119 years remaining). Local amenities, good schools and quick access to Nottingham city centre make the location attractive. The property’s size (approximately 626 sq ft) and average-room proportions suit first-time buyers or downsizers seeking manageable maintenance.
Notable limitations are important to note: the home is leasehold and subject to shared-ownership restrictions (resale staircasing rules and allocation policy). Annual service charge and rent increase affect running costs. Crime levels in the area are above average — check local safety measures. The property is presented as average-sized and appears well-maintained, but buyers should arrange a survey to confirm condition and to assess any hidden repair or improvement needs.
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