4 bedroom house for sale

Available

25 Maude Close, Witchford, CB6 2GF

£172,500 · Shared Ownership New Build

Share percentage 50%, full price £345,000, £8,625 Min Deposit.

Available
4 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£172,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £345,000, £8,625 Min Deposit.

Monthly Cost: £1,305
Rent £395, Service charge £50, Mortgage £860*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Eligibility
To be eligible for shared ownership you would need to meet the following criteria:
  • Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
  • You have a deposit of at least 5% of the share value
  • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
  • This will be your only residence.
  • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
Summary

Wonderful 4 bedroom terraced house in the Pemberton Park Development. The price advertised represents purchasing a 50% share of the home.

Description

Wonderful 4 bedroom terraced house in the Pemberton Park Development. The price advertised represents purchasing a 50% share of the home.

About the Development

Located in the sought after village of Witchford, just 3 miles from Ely a selection of 3 & 4 bedroom houses are available to purchase with Shared Ownership. The Pemberton Park development is approximately half a mile from Witchford village centre with its primary school, pub, listed church and post office. There's also a secondary school, community clubs and activities.

Nearby Ely offers a range of leisure, health, schooling and shopping facilities and the well served city of Cambridge is only 16 miles away.

About the Home

This luxurious four bedroom house offers modern living with a stylish kitchen/diner including an oven, hob and extractor fan, contemporary living Room and two parking spaces. This home has been finished to a beautifully high standard throughout and is definitely not one to be missed. If you are looking to step onto the property ladder this is the perfect opportunity to do so.

About the Area

Pemberton Park is just off the A142 to Ely. Junction 14 of the M11 is about 16 miles west of Cambridge, and the A1(M) is about 24 miles away. Ely train station is about three miles away. From there it's just over an hours train journey to London's King's Cross. Services also run to Cambridge, Stansted Airport, Birmingham, Norwich and Ipswich. For air travel Stansted is 47 miles away.

Shared Ownership

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. You can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

T&Cs

*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.

*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change

Key Features
  1. 4 bedroom mid terrace house
  2. Flooring throughout
  3. Storage space
  4. Modern fitted kitchen
  5. Allocated parking
  6. Ground floor WC
  7. 3 piece bathroom with shower over bath
  8. There will be an added service charge
Property Downloads
Floor Plan Energy Certificate
Map
Ely (2.79 miles) Littleport (7.09 miles) Manea (7.58 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 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.

£172,500
Shared Ownership New Build
Estimated Monthly Cost:£1,305
Rent £395
Service Charge £50
Mortgage £860

Share percentage 50%, full price £345,000, £8,625 Min Deposit. Calculated using a representative rate of 3.94%


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.