Pricing to be confirmed

Scheme: Shared Ownership

Coming soon

2 bedroom house in Meldreth - Cambridgeshire

place Whaddon Road, SG8 5RN

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2 Bedroom Bungalow in Meldreth


Description

settle are pleased to offer a unique opportunity to purchase a two bedroom bungalow in the idyllic village of Meldreth for shared ownership.

Meldreth is a most desirable and highly sought-after south Cambridgeshire village with its own mainline station providing a commuter service to London and Cambridge. The village also has an excellent range of local amenities including a stores/post office, primary school, fine church and inn. The market town of Royston which offers extensive shopping, schooling and recreational facilities is just 4 miles away and the university city of Cambridge is about 10 miles north.

What's more, with local nature reserve Melwood and the River Mel on your doorstep, there's an abundance of countryside offering an idyllic escape from the city. Or, if the metropolis calls, Cambridge is a cultural hotspot and affords the perfect opportunity to indulge in some retail therapy.

This brand new home will be available for occupation Winter 2021 and available to reserve from Summer 2021. Please register your interest to be kept informed on further details.

PLEASE NOTE: Due to Meldreth being a Designated Protected Area, purchasers will only be to purchase 80% ownership of the property and not staircase out to own 100%. Applicants must also have a local connection to South Cambridgeshire local authority area.


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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.