Manifold Drive, Alvaston, Derby 3 bed end of terrace house for sale

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Manifold Drive, Alvaston, Derby 3 bed end of terrace house for sale

Manifold Drive, Alvaston, Derby
£82,500

Our Summary

  • Shared OwnershipThis property in need of complete modernisation is available to buy from as little as £82,500 with a 50% share
  • This end of terrace property requires complete renovation
  • Needs complete renovation

Description

This end-of-terrace property in Alvaston, Derby, is available for shared ownership, with a 50% share available for £82,500. The property, which requires complete modernization, features an entrance hall, reception room, kitchen/dining room, three bedrooms, and a shower room. Outside, there is driveway parking and a private garden. The property is located in a well-established suburb, with frequent buses running to Derby city center and East Midlands Airport. The shared ownership scheme allows first-time buyers and those who do not currently own a home to purchase a share in the property, paying a mortgage on the share they own and rent on the remaining share. To be eligible, buyers must meet certain criteria, including having an annual household income below £80,000 and a deposit of at least 5% of the share value.