Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Bowbridge Road Newark, 2-3 bed homes


Bowbridge Road, Newark on Trent, Newark and Sherwood, NG24 4BZ

Shared ownership

Starting prices

50% share from
£67,500
Full price
£135,000
Minimum deposit
£3,375
Monthly rent
£155
Monthly service charge
£30

Overview

RESERVE OFF PLAN TODAY! 2 & 3 bedroom properties available to purchase through shared ownership have been released on the new development on Bowbridge Road in Newark. There is a mixture of 3 bed houses and two 2 bed homes, all with off street allocated parking. One type of the two bed properties consists of a living room leading through to a kitchen diner, where you can find a WC and access the rear of the property and garden. The three bed house consists of a lounge and kitchen diner. The kitchens are fitted with contemporary units as well as an oven, hob and extractor hood. All of the properties benefit from two double bedrooms, with the three bed house having an additional single room. There is a three piece white bathroom suite with a shower over the bath, and vinyl to all the wet areas.


Local area information

Newark is an historic, thriving Market Town in Nottinghamshire, located just off the A1 on the east side of Nottingham. Newark has easy access to the A1 & A46 and lies 19 miles west of the City of Lincoln. The town stand on the River Trent and as well as the markets, benefits from indoor shopping in the Buttermarket  and well known high street brands. The Bowbridge Road development is a short walk from the town center.


Plot availability

Plot number 13
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 50%
Full market price £165,000
Monthly rent £189
Monthly service charge £31
Ownership Leasehold

House Specification

Kitchen
•             Range of wall and base units 
•             Integrated oven and hob
•             Extractor hood
•             Vinyl flooring

Bathroom
•             White bath suite
•             Shower over bath
•             Tiled to full ceiling around bath
•             Vinyl flooring

Internal
•             UPVC double glazing throughout
•             Gas central heating with combi boiler


External 
•             Enclosed turfed rear garden 
•             Off street allocated parking
 

Energy Efficiency Rating
Predicted
Very energy efficient - lower running costs
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
84
Not energy efficient - higher running costs
Environmental Impact (CO2) Rating
Predicted
Very environmental friendly - lower CO2 emissions
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
86
Not environmental friendly - higher CO2 emissions
Plot number 14
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 50%
Full market price £165,000
Monthly rent £189
Monthly service charge £31
Ownership Leasehold

House Specification

Kitchen
•             Range of wall and base units 
•             Integrated oven and hob
•             Extractor hood
•             Vinyl flooring

Bathroom
•             White bath suite
•             Shower over bath
•             Tiled to full ceiling around bath
•             Vinyl flooring

Internal
•             UPVC double glazing throughout
•             Gas central heating with combi boiler


External 
•             Enclosed turfed rear garden 
•             Off street allocated parking
 

Energy Efficiency Rating
Predicted
Very energy efficient - lower running costs
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
84
Not energy efficient - higher running costs
Environmental Impact (CO2) Rating
Predicted
Very environmental friendly - lower CO2 emissions
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
86
Not environmental friendly - higher CO2 emissions
Plot number 15
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 50%
Full market price £165,000
Monthly rent £189
Monthly service charge £31
Ownership Leasehold

House Specification

Kitchen
•             Range of wall and base units 
•             Integrated oven and hob
•             Extractor hood
•             Vinyl flooring

Bathroom
•             White bath suite
•             Shower over bath
•             Tiled to full ceiling around bath
•             Vinyl flooring

Internal
•             UPVC double glazing throughout
•             Gas central heating with combi boiler


External 
•             Enclosed turfed rear garden 
•             Off street allocated parking
 

Energy Efficiency Rating
Predicted
Very energy efficient - lower running costs
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
84
Not energy efficient - higher running costs
Environmental Impact (CO2) Rating
Predicted
Very environmental friendly - lower CO2 emissions
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
86
Not environmental friendly - higher CO2 emissions
Plot number 16
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 50%
Full market price £165,000
Monthly rent £189
Monthly service charge £31
Ownership Leasehold

House Specification

Kitchen
•             Range of wall and base units 
•             Integrated oven and hob
•             Extractor hood
•             Vinyl flooring

Bathroom
•             White bath suite
•             Shower over bath
•             Tiled to full ceiling around bath
•             Vinyl flooring

Internal
•             UPVC double glazing throughout
•             Gas central heating with combi boiler


External 
•             Enclosed turfed rear garden 
•             Off street allocated parking
 

Energy Efficiency Rating
Predicted
Very energy efficient - lower running costs
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
84
Not energy efficient - higher running costs
Environmental Impact (CO2) Rating
Predicted
Very environmental friendly - lower CO2 emissions
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
86
Not environmental friendly - higher CO2 emissions
Plot number 23
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 50%
Full market price £165,000
Monthly rent £189
Monthly service charge £31
Ownership Leasehold

House Specification

Kitchen
•             Range of wall and base units 
•             Integrated oven and hob
•             Extractor hood
•             Vinyl flooring

Bathroom
•             White bath suite
•             Shower over bath
•             Tiled to full ceiling around bath
•             Vinyl flooring

Internal
•             UPVC double glazing throughout
•             Gas central heating with combi boiler


External 
•             Enclosed turfed rear garden 
•             Off street allocated parking
 

Energy Efficiency Rating
Predicted
Very energy efficient - lower running costs
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
84
Not energy efficient - higher running costs
Environmental Impact (CO2) Rating
Predicted
Very environmental friendly - lower CO2 emissions
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
86
Not environmental friendly - higher CO2 emissions
Plot number 55
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 50%
Full market price £165,000
Monthly rent £189
Monthly service charge £31
Ownership Leasehold

House Specification

Kitchen
•             Range of wall and base units 
•             Integrated oven and hob
•             Extractor hood
•             Vinyl flooring

Bathroom
•             White bath suite
•             Shower over bath
•             Tiled to full ceiling around bath
•             Vinyl flooring

Internal
•             UPVC double glazing throughout
•             Gas central heating with combi boiler


External 
•             Enclosed turfed rear garden 
•             Off street allocated parking
 

Energy Efficiency Rating
Predicted
Very energy efficient - lower running costs
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
84
Not energy efficient - higher running costs
Environmental Impact (CO2) Rating
Predicted
Very environmental friendly - lower CO2 emissions
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
86
Not environmental friendly - higher CO2 emissions
Plot number 58
Tenure Shared ownership
Availability Available
Bathrooms 1
Minimum share 50%
Full market price £165,000
Monthly rent £189
Monthly service charge £31
Ownership Leasehold

House Specification

Kitchen
•             Range of wall and base units 
•             Integrated oven and hob
•             Extractor hood
•             Vinyl flooring

Bathroom
•             White bath suite
•             Shower over bath
•             Tiled to full ceiling around bath
•             Vinyl flooring

Internal
•             UPVC double glazing throughout
•             Gas central heating with combi boiler


External 
•             Enclosed turfed rear garden 
•             Off street allocated parking
 

Energy Efficiency Rating
Predicted
Very energy efficient - lower running costs
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
84
Not energy efficient - higher running costs
Environmental Impact (CO2) Rating
Predicted
Very environmental friendly - lower CO2 emissions
(92-100) A
(81-91) B
(69-80) C
(55-68) D
(39-54) E
(21-38) F
(1-20) G
86
Not environmental friendly - higher CO2 emissions

FAQ's

Prices are not available yet for Bowbridge Road Newark but you can register your interest to be notified when prices become available.

Plot breakdowns are not available yet for Bowbridge Road Newark but you can register your interest to be notified when prices become available.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

Yes, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

NCHA Sales
Shared ownership

Starting prices

50% share from
£67,500
Full price
£135,000
Minimum deposit
£3,375
Monthly rent
£155
Monthly service charge
£30