Share Price £195,000 (from 50% Min. Share)

Full Value £390,000 | £9,750 Min. Deposit

Scheme: Shared Ownership

Under offer

2 bedroom house in Impington - Cambridgeshire

place Hunters Close, CB24 9AR

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Domovo

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SSTC - This 2 bedroom semi-detached Shared Ownership house is situated on the brand new development in Impington, Cambridgeshire.


Description

THIS PLOT IS SSTC

Built by Hill and offered for sale through the Shared Ownership scheme by Domovo, this two bedroom semi-detached house is situated on the new Impington development, Cambridgeshire. This stunning property is ideal for first time buyers looking to take their first step onto the property ladder. Estimated to be completed in Summer 2021. Register your interest now!

Initial shares available to purchase between 30-50%*.
*(Your application will be affordability assessed to determine what share you can afford to buy).

Price is shown for a 50% share
*The monthly service charge - £27.48. This is an estimate only.

**Applicants local to the area will be given initial priority when applying for these homes.


About the Property

This two bedroom semi detached Shared Ownership house includes:

- High specification kitchen with oven, hob and hood. Plus washer/dryer

- Flooring is provided throughout

- Gas to central heating

- Private Garden

- NHBC Warranty

- Parking for 2 cars


Local Information

Impington is a village located in Cambridgeshire and is situated around 6 miles from the city of Cambridge. Local amenities include a doctors surgery, convenience stores, pubs and a vets. Ideally placed, Impington has easy access to the A10, A14 & M11.


Shared Ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. Initial shares of between 25% and 75%** of our properties are available, you will pay a subsidised rent on the remaining share.
In the future you can purchase further shares in your home*** or sell your share and move on.

*Properties are offered as leasehold, with a lease term of up to 125 years.
** Shares offered are based on business need.
***Some properties are restricted to the level of share you can purchase.

Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.


Download Documents

Link to the floor plan Energy Certificate
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Calculate Monthly Cost

Share price
£ 195,000
Min. £195,000
Share percentage
Min. 50%
Your deposit
Min. £9,750
Monthly cost*
£1,446
Cost breakdown
£447
Rent
£27
Service charge
£972
Mortgage*
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Domovo

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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.