Share Price £171,250 (from 50% Min. Share)
Full Value £342,500 | £8,563 Min. Deposit
Scheme: Shared Ownership
Under offerNorthstowe H7 - 3 bed house in Cambridge - Cambridgeshire
place Mistle Thrush Drive, Northstowe, CB24 1BS
SSTC - 3 bedroom semi-detached house, available in Northstowe to purchase through the Shared Ownership scheme.
Description
This Plot is SSTC
Built by Barratts and offered for Shared Ownership sale by Domovo. This three bedroom semi-detached home is available now in Northstowe, Cambridgeshire.
Initial shares available to purchase between 40%-75%* (*Your application will be affordability assessed to determine what share you can afford to buy). **The monthly Service Charge shown is an estimate
Price shown is for a 50% share
**Estimated service charge is £29.62 pm
*CGI - Guide only
About the Property
This home include the following features:
- High specification kitchen with built in oven, hob and cooker hood
- Flooring is provided through-out
- Gas central heating
- Private garden
- Off road parking for 2 cars
Local Information
Sitting just to the North of Cambridge amongst neighbouring villages is Northstowe, a new town which when completed in around 2024, will be the largest new settlement in the UK since Milton Keynes was created over 50 years ago.
Comprising almost 10,000 new homes, Northstowe will be home to more than 24,000 people who will be able to enjoy all the new amenities and infrastructure which the town will have to offer including cycleways, a guided busway, green spaces, shops and schools as well as a number of community recreation facilities in line with NHS England's Healthy New Town principles.
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 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.