2-bedroom terraced house · NG12 2QD
Sold STCListed 98 days
Opportunity summary
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About
Plot 37 is offered for sale at 25% Share. Further shares are available from 25% - 75%.
We're pleased to announce a fantastic collection of two-bedroom homes are available at Hackett Grange, Radcliffe-On-Trent.
Built by Avant, this development is in the charming village of Radcliffe-On-Trent, making it the perfect place to call home.
Key features - The front door of this home opens on to the hall, which leads on to the modern kitchen/dining/lounge with its built-in oven, hob and hood and doors opening on the rear enclosed garden, which will be freshly turfed.
The ground floor also boasts a downstairs WC. The first floor has one bedroom, an office and a bathroom fitted with a modern three-piece suit. The second floor has a bedroom and ample of storge.
The property has two allocated parking spaces. This brand new home also benefits from gas central heating and uPVC double glazing.
There is an application process to apply for these new homes, details held with Pygott & Crone. A potential buyer also needs to have a local connection to the Borough of Rushcliffe in order to apply.
Ownership options to suit you. The new two-bedroom homes on this development will be available as Shared Ownership. The price will apply to a specific share. Shares are also available from 25% to 75%.
Example – House cost £62,500 (representing a 25% share of ownership) and monthly rent £479.08 .
100% property value £250,000 *Amount is combined Rent and Associated Charges such as Buildings Insurance, Management Charge and Service Charge payable per calendar month.
Example Share Breakdown Shares available from 25% to 75%. Please see examples prices and rents listed below.
25% share - Purchase price £62,500 - Rent Charges of £479.08 40% share - Purchase price £100,000 - Rent Charges of £393.14 60% share - Purchase price £150,000 - Rent Charges of £278.56 75% share - Purchase price £187,500 - Rent Charges of £192.62 Full Property Value £250,000 A monthly service charge will also apply, at a total of £592.68 per annum..
This includes building insurance, grounds maintenance and the management charge. Are you eligible for Shared Ownership?
You can buy a home through shared ownership if both of the following are true: - your household income is £80,000 a year or less (£90,000 a year or less in London) - you cannot afford all of the deposit and mortgage payments for a home that meets your needs One of the following must also be true: - you're a first-time buyer - you used to own a home but cannot afford to buy one now - you're forming a new household - for example, after a relationship breakdown - you're an existing shared owner, and you want to move - you own a home and want to move but cannot afford a new home that meets your needs - For some homes you may have to show that you live in, work in, or have a connection to the area where you want to buy the home.
Radcliffe-on-Trent is a charming village in the Rushcliffe borough of Nottinghamshire - which is located near West Bridgford on the outskirts of Nottingham.
The village has a number of community spaces, a recreation ground and skate park, and a complex of sports fields, as well as numerous other clubs and associations.
Radcliffe has an infant and nursery school, a junior school and a secondary school, making it the perfect place for a family.
Entrance Hall Kitchen/Dining/Lounge 7.86m x 3.76m - 25'9" x 12'4" First Floor Landing Bedroom 1 3.76m x 3.14m - 12'4" x 10'4" Bathroom Office 3.76m x 2.48m - 12'4" x 8'2" Second Floor Landing Bedroom 2 2.64m x 5.45m - 8'8" x 17'11"
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About Plot 37 Mullaney, Hackett Grange, 23 Rushton Grove, Radcliffe on Trent, Nottingham, NG12
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