Share Price £222,500 (from 50% Min. Share)

Full Value £445,000 | £11,125 Min. Deposit

Scheme: Shared Ownership

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3 bedroom house in Melbourn - Cambridgeshire

place Victoria Way, SG8 6FE

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The Cambridge Housing Society

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3 Bed Detached Shared Ownership Home


Eligibility

  • You must have a Help to Buy approval number (with Agent 3)
  • An agent will be in touch to run through your affordability

Description

This rarely available 3 bedroom detached Shared Ownership property is due to be released on the market very soon with early summer build completion. Please register your interest today to have your details added to our waiting list. These details will then be passed onto the agents marketing this home who will run through the affordability criteria with you and arrange a viewing. The home consists of 3 good sized bedrooms, an en suite to the master bedroom, a family bathroom, patio doors leading to an enclosed back garden and private parking spaces.


Key Features

  • 3 Bedrooms
  • Ensuite to master bedroom
  • Detached home with garden
  • Private parking spaces

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Calculate Monthly Cost

Share price
£ 222,500
Min. £222,500
Share percentage
Min. 50%
Your deposit
Min. £11,125
Monthly cost*
£1,669
Cost breakdown
£510
Rent
£50
Service charge
£1,109
Mortgage*
Calculated using a representative rate of 3.94%
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The Cambridge Housing Society

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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.