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See how verdicts work3-bedroom house · NG11 8NR
No longer listedListed 189 days
Opportunity summary
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About
Emh sales is pleased to offer a selection of 2 and 3 bedroom homes for sale at Alvaredus, a new development at Fairham Pastures in Nottinghamshire.
Homes are available on the New Model Shared Ownership (nmso) which has some great new additions including: You can purchase your initial share from just 10% (subject to financial assessment - all applicants must maximise their affordability) You can purchase further shares from as little as 5% each time (known as staircasing).
A new gradual staircasing process has been introduced allowing you to purchase an additional 1% each year for a maximum of 15 years.
The introduction of a new 10-year period during which emh could support you with the cost of repairs and maintenance in your new build home. A lease length term of 990 years.
The Cedar is a 3-bedroom semi detached house and briefly comprises of: To the ground floor: There is an entrance to the lounge area, WC with wash hand basin and splash-back tiling and a fitted dining kitchen with a built-in oven, hob and cooker hood and a rear door leading to the turfed rear garden.
To the first floor: There are three bedrooms, a family bathroom with a 3-piece suite and a shower over the bath and glass shower screen.
The property benefits from gas central heating, double glazing and off-road parking.
Information on the share purchase price and rent examples can be found on the Key Information Document 1 (KID1) Shares can be purchased from 10% to 75% initially on the New Model Shared Ownership (this is based on 5% increments, dependent on affordability and approval of eligibility for the Shared Ownership Scheme).
Staircasing can be applied for after 12 months to increase the share owned up to 100%.
About the area: Alvaredus at Fairham is part of a new £800m development in Nottinghamshire, near the village of Barton-in-Fabis.
Fairham's unique location makes it one of the best located new development sites in the UK, with East Midlands Airport and the nearby East Midlands Parkway rail station for London connections within close driving proximity.
The location also benefits from having the centre of Nottingham approximately 5 miles away. Nottingham is home to the famous Nottingham Trent University and University of Nottingham.
Fairham will hope to create new employment opportunities as it also has plans to construct brand new amenities to the development, in the shape of a primary school, health centre and community centre.
How to apply: Please visit the following section of our website which will guide you through the application process for homes that have been released for sale: Apply online
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About The Cedar @ Alvaredus, Fairham Pastures, Fairham
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