The Kingfisher (Rent To Buy)

Balderton is a popular destination with families due to the schools in the local area, including both Chuter Ede Primary School and Barnby Road Academy Primary, which are highly-rated primary schools.

For those looking for secondary schools, residents have both The Suthers School and The Newark Academy to choose from, which are nearby and rated ‘Good’ by Ofsted.

Despite being a village, Balderton is well-served by transport links with regular bus routes that connect it to Newark and nearby villages. 

Its proximity to the A1 and A46 makes driving a breeze, especially if you’re heading to larger destinations such as Lincoln and Nottingham.

The nearest train station is in Newark, which provides direct links to larger destinations such as Nottingham and the wider UK network.

The nearest airport is East Midlands Airport, which is around an hour away in the car and offers flights to both domestic and international destinations.

Balderton, one of Nottinghamshire's largest villages, offers a comprehensive range of amenities catering to the needs of its residents:​

Supermarkets: Residents have access to several supermarkets, including Sainsbury's located at 256 London Road and Lidl on London Road. ​

Local Shops: The village features various local shops and convenience stores, providing everyday essentials.

Parks and Sports Facilities: Coronation Street Park offers bowls, cricket, and football facilities, including ten changing rooms. The park also features a children's play area, two multi-use games areas (MUGAs), a youth pod, and gym equipment.

Balderton Lake: A scenic spot for walking and nature observation, though it lacks restroom facilities. ​Tripadvisor

Library: The village maintains a library offering a range of resources and services to residents.​

Community Centre: Balderton Village Centre on Coronation Street serves as a hub for local events and activities. ​

Balderton features several pubs and eateries, including Chesters (formerly the New Cock Inn), The Grove, and the Rose and Crown, providing options for dining and socializing.

The costs involved in a Rent to Buy scheme are similar to that of the traditional letting process. The upfront costs are as follows: Deposit You will have to pay the equivalent of five weeks rent as a deposit, which is then held in the Deposit Protection Scheme (DPS). Rent: You will have to pay the rent for the remainder of the month from the start of your tenancy sign-up date, alongside one month’s rent in advance. You may have to pay a reservation fee to reserve your property but this is typically deducted from the first month’s rent. During your tenancy, you’re responsible for all of the utility bills associated with the property while you’re a tenant. This is generally council tax, water, gas, electricity and internet. When you formally purchase the property as part of the Rent to Buy scheme, you’ll also take on the usual costs associated with purchasing a property - such as Stamp Duty, conveyancing fees, valuation fees and any administration costs such as the mortgage application.

The answer to this question depends on your own individual circumstances but if you have a good credit score and reliable income each year, Rent to Buy is a practical way of getting on the property ladder if you cannot save enough for a deposit. The most important consideration is your personal timeline. While five years may be plenty of time for you to save, house prices could rise during that period which means you pay more. If you buy sooner, however, you have less time to take advantage of the discounted rental rate and build up your deposit. You also have to consider availability. The availability of Rent to Buy properties depends on the local authority or housing association you’re working with. While the scheme offers many benefits, you may not have the same amount of choice as you usually would in the open market.If you do find a suitable property, make sure that you’re truly happy with it if you’re considering Rent to Buy. This is a scheme designed for the long-term and if you compromise on area or size, you risk the success of your Rent to Buy agreement if you quickly outgrow it.

If an existing homeowner is experiencing exceptional circumstances - such as the breakdown of a relationship - then they’re eligible for the Rent to Buy scheme. In these exceptional instances, it’s down to the homeowner to demonstrate they're unable to purchase a home on the open market and require the support of Rent to Buy.

As your landlord, Platform Housing Group will carry out repairs and defects in your property; these can be reported directly to us. Please note we will not cover any damage.

An Assured Shorthold Tenancy will be granted, which will run on a periodic basis.