No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Picture No. 02
£60,000
Added < 14 days

3 bedroom detached house for sale

Rabbit Burrow, Sutton-in-Ashfield, Nottinghamshire
New build
Save
Detached house
3 bed
0 bath

Key information

Tenure: Leasehold | unconfirmed share | 999 yrs left
Service charge: £349.80 per annum
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (999 years remaining)
  • Brand new Shared Ownership Property
  • Open plan dining area and luxury fitted kitchen
  • Separate spacious lounge
  • Downstairs W/C
  • Private Garden
  • Off road parking
Shared Ownership

This brand new home is available to buy from as little as £56,250 with a 25% share!

These beautiful 3 bedroom detached properties embrace modern living. They have an open plan dining area and luxury fitted kitchen, and a separate spacious lounge and a useful downstairs W/C. There are 3 good sized bedrooms on the first floor – 2 doubles and a single – and a contemporary 3 piece family bathroom . In addition, each one of these stylish homes has a private garden to the rear and off-road parking. All this is complemented by gas central heating, smoke detectors, stylish uPVC doors & windows and neutral decor throughout.

The Hawthorns close proximity to Nottingham, and with the bustling town of Mansfield less than 5 miles away, means you can dip into town/city life any time you want. Browse the extensive high street shops, dine in one of Nottinghamshire’s celebrated restaurants, or try out it’s vibrant night life.

If you are interested in the areas rich heritage and historic buildings; visit Nottingham Castle, Newstead Abbey, home of Lord Byron or, discover the home of Robin Hood! Sherwood Forest is less than 15 miles from the development with its 450 acres of famous landscapes. Even closer to home is Silverhill Woods – a woodland walk that was formally ‘Silverhill Colliery’ with incredible views from the highest point in Nottinghamshire. Here, there is also a monument for all the miners that served in the area.

Whether you like to shop, walk, hike, cycle or drive, there are plenty of beautiful places to discover in and around Sutton-in-Ashfield.

PRICING & AFFORDABILITY

Full Market Value: £240,000

25% Share Price: £60,000 (rent £412.50pcm)
50% Share Price: £120,000 (rent £275.00pcm)
75% Share Price: £180,000 (rent £137.50pcm)

Minimum 5% Mortgage Deposit (25% share): £3,000
Approximate Service Charges: £29.15 pcm*
Shared Ownership Lease: 999 years
Council Tax Band: TBC

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At The Hawthorns you can buy a minimum 10% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

*These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Places of interest

    Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership, which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham. At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property services for landlords, buyers, sellers, property developers and Housing Associations. Whether it's residential sales and auctions, mortgages and financial advice, build to rent, new homes, surveys, lettings, or planning and architecture; our experts will guide you every step of the way. Our formula for getting shared ownership right is setting up dedicated and highly experienced teams for every stage of the process. Our Pre-sales team handles all enquiries, which are then passed onto the Move Managers (sales progressors). We can also provide buyers with access to surveyors, legal services and our specialist mortgage advisor, Mortgage Scout, for support and up-to-the-minute advice. Ready to start your shared ownership journey? To find out how SOWN can help you find your dream home, contact us today.

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    *DISCLAIMER

    Property reference SDO240680. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by SOWN - National.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.