Fellow Lands Way, Derby, DE73 6WD

This bright and well-presented two bedroom end-terraced house is now available in Derby through Shared Ownership.

The property on the ground floor comprises, an entrance hall, a spacious living room and dining area, a separate kitchen, and a WC. On the first floor, there are two bedrooms and a bathroom.

Perfect for singles, couples or small families. Outside, the property also benefits from a driveway, a front garden area and a private rear garden.

Available for £102,500 for 50% share based on the marketing figure of £205,000.

Monthly rent - £251.34 Monthly Service Charge - £65.24 Total Monthly Charge - £316.58 plus mortgage required for 50% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge.

Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April Location The property is set within a modern housing estate in Chellaston, a popular suburb approximately 4 miles south of Derby city centre.

There are excellent transport links nearby, with easy access to the A38, A52 and M1.

Bus stops are just a 6-8 minute walk away, and Derby train station, with CrossCountry services, can be reached within a 15 minute drive.

For everyday needs, there is a large supermarket just a 5 minute drive away.

Derby city centre can be reached in around 15 minutes, offering a range of shopping centres, restaurants, entertainment and leisure facilities.

In addition, there are several schools within a 10 minute drive. Perfect for families with small children.

EPC rating Energy rating band - B Environmental impact band - A Other information How we allocate Shared Ownership homes We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria.

Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority.

All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home.

We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.