× Let Agreed - This property is no longer available for rent

This property has now been taken off the market (as of Monday, 8 July 2019).

1 Bed Flat, Church Street, NG16

£450.00

per month

£103.85

per week

No admin fees
No hidden charges

Overview

Bedrooms: 1 Bathrooms: 1
Max Tenants: 2 Location: Eastwood, Nottingham

Description


Note: This OpenRent Property Is No Longer Available For Rent. Description below is only for reference, and you can no longer book a viewing or contact this private landlord.

RENT TO BUY OFFERED ON THIS NEW BUILD FLAT

1 Bedroom Flats with private parking.

Why rent normally when you can have 100% of the monthly rent paid go towards your deposit to purchase the property. Get onto the property ladder and get in touch today.

This Rent to Buy scheme is genuinely helping people get onto the property ladder. You get a newly built home where 100% of your monthly rent goes towards your deposit and the purchase price is fixed today rather than in 2-3 years time. With house prices increasing over time this presents a significant saving.

How does it work?

  • You view the New Build flats and choose the one you would like to progress with

  • You will enter into Assured Shorthold Tenancy (AST) for a minimum 2 years and maximum 3 years period

  • Your monthly rent is calculated by taking the 15% deposit required for you to purchase the property and dividing it by the 3 years. You will benefit from 100% of your monthly rent contributing towards your deposit.

  • The Assured Shorthold Tenancy is fixed for minimum 2 years by which time you can exercise your right to buy or can choose to continue to carry on paying for a further year to bring their overall mortgage value down

  • Your not committed to buy. If you change your mind and choose not to exercise your option to buy after 24-36 months then you simply need to hand the property back and your contributions will be classified as rent and therefore not returned

 

How do I know if I'm eligible?

Your eligible if:

  • Your household earns close to £25,000 a year. A household can be one person, or you and a partner or you and a friend

  • You are a first time buyer or you used to own your home but don’t anymore

  • You must live in the property

  • You cannot sublet or sublease the property

  • The cheapest flat is £110,000 therefore be able to pay £458 a month

  • You cannot be a current home owner but in some instances the developer may consider you if your names is on the deeds of another property

  • You must not have any outstanding credit issues (i.e.unsatisfied defaults or county court judgements).

 

Interested? Find out more by calling or emailing today, these flats wont be around for long.

Disclaimer: Nothing on this document constitutes legal or financial advice.Specialist legal or Financial advice should be taken in relation to specific circumstances. The contents of this document are for general information purposes only.

 

Price & Bills

Deposit £450.00
Rent PCM £450.00
Bills Included
Broadband View Offers

Tenant Preference

Student Friendly
Families Allowed
Pets Allowed
Smokers Allowed
DSS Income Accepted

Availability

Available From Today
Minimum Tenancy 24 Months

Features

Garden
Parking
Fireplace
Furnishing Unfurnished
EPC Rating E
1 Bed Flat, Church Street, NG16
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Let Agreed
Favourite

£450.00

per month

£103.85

per week

No admin fees
No hidden charges


Message Landlord or Request Viewing Property Reference:
537139

Meet the landlord

Cavalieri R.