TENURE: To be advised
SHARED OWNERSHIP Two-bedroom Mid Terraced house available to purchase from a 75% share at 165,000 with a deposit of 8,250. Full market value of 220,000. Call today to arrange your viewing of this fantastic home.
This is a great opportunity to get onto the property ladder and we are delighted to offer a range of homes available on a shared ownership basis
Well placed on the edge of the vibrant City of Peterborough with its abundance of shops, restaurants and family entertainment this new 3 bedroom home is perfectly situated to enjoy everything Peterborough has to offer. Whilst also complemented by attractive open green space and surrounding countryside this beautifully laid out development provides a tranquil, family friendly, community setting.
This modern 3 bedroom semi detached new home has been designed with comfort, style and efficiency in mind. Finished to a high quality throughout this property includes a fitted kitchen. Flooring is included throughout with a mixture of carpet and amtico to bathroom and kitchen areas. Externally there is an outdoor tap, enclosed rear garden which will be turfed and allocated parking is included.
The new home owners will benefit from excellent commuter links with Peterborough city centre only 4 miles away. London Kings Cross can be accessed directly in 50min from the nearby Peterborough Train Station. And the local popular locations of Northampton, Cambridge, Leicester and Bedford are all within a 1 hour journey time.
Full market value: 220,000
75% share value: 165,000
5% deposit: 8250
Rent charged on un-owned share: 2.75%
Rent on un-owned share (25%): 126.04
Estimated monthly service charge : TBC
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Further on, you could buy bigger shares when you can afford to and, if you choose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder
Please note these breakdowns are for example purposes only and the figures may change to reflect your own circumstances and market movement. In order to receive an accurate breakdown please get in touch and we will have this arranged.
Photos, floorplans and measurements are indicative of the development and should only be used for information purposes only and may not represent a true likeness for the units being sold