2 bedroom house for sale

Available

The Avenue at Marham Park, Off Marham Park Way, Bury St Edmunds, IP32 6FD

£116,000 · Shared Ownership New Build

Share percentage 40%, full price £290,000, £5,800 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Garden
£116,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 40%, full price £290,000, £5,800 Min Deposit.

Monthly Cost: £1,021
Rent £399, Service charge £21, Mortgage £601*

Calculated using a representative rate of 4.32%

Calculate estimated monthly costs

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Eligibility

Am I eligible?

  • You must be at least 18 years old.
  • You cannot afford to buy a home suitable for your needs on the open market.
  • You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.
  • Your annual household income must be less than £80,000.
  • You must be a first time buyer or existing shared owner. If you already own a home, you need to move but you cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.

For further details on Shared Ownership please visit myclarionhousing.com/sharedownership

Summary

FIRST RELEASES - Exciting development of new homes on the outskirts of Bury St Edmunds

Description

FIRST RELEASES

The Avenue at Marham Park

Located in picturesque Suffolk countryside, The Avenue at Marham Park is an exciting development of new homes on the outskirts of Bury St Edmunds, offering excellent transport links and a great quality of life.

The Avenue at Marham Park is a new community in a village environment, close to the town of Bury St Edmunds. Bloor Homes is proud to be building a mix of two, three and four bedroom properties ideal for growing families and downsizers. The community will eventually comprise over 1,000 homes, as well as a new village square, retail units, health and leisure facilities, and allotments.

Not only will this fully integrated new community have a vibrant local centre, it will also be home to substantial amounts of open space across its 200 acre span, including play and exercise areas, and walking and cycle routes to encourage a healthy lifestyle.

Just two miles south of The Avenue at Marham Park is the historic market town of Bury St Edmunds - "the jewel in the crown of Suffolk". The town centre offers a comprehensive mix of shops, eateries, attractions and leisure facilities. The contemporary Arc shopping centre features several high street retailers, including a Debenhams department store, as well as the modern event venue The Apex. The town also boasts two cinemas, Theatre Royal and beautiful Abbey Gardens.

With the A14 and Bury St Edmunds bus and train stations nearby - offering direct links to Cambridge, Newmarket and Ipswich - The Avenue at Marham Park is an ideal location for commuters in both Suffolk and Cambridgeshire.

To register your interest or for any other enquiries please contact the Customer Service Team – Sales

Please note:

All images displayed throughout are examples of previous Clarion developments and are not indicative of the specification at this development and may not correspond exactly to the available properties described.

These prices are to be used as a guideline only as they may change.

Particulars

Tenure: Not specified
Council Tax Band: Not specified

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Map
Bury St Edmunds (1.33 miles) Thurston (5.20 miles) Kennett (8.40 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£116,000
Shared Ownership New Build
Estimated Monthly Cost:£1,021
Rent £399
Service Charge £21
Mortgage £601

Share percentage 40%, full price £290,000, £5,800 Min Deposit. Calculated using a representative rate of 4.32%


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The Avenue at Marham Park
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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.