Share percentage 75%, full price £280,000, £10,500 Min Deposit.
Monthly Cost: £1,733
Service charge £536,
Mortgage £1,197*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
- You must be at least 55 years old
Summary
Exclusively for those aged over 55, Mill View offers a unique alternative: a luxury one bedroom apartment, in a purpose-built, self-contained building, with access to on-site services.
Description
AVAILABLE TO VIEW NOW
At Mill View you have the luxury of a one-bedroom self-contained apartment, in a purpose-built community, offering you 24-hour security within the privacy of your own home.
Mill View is designed to make your life as easy as possible with a choice of accommodation options. All apartments include private balconies or terraces, have a high specification kitchen, a wet room and flooring throughout. You are able to decorate and furnish your apartments to your taste and have visitors whenever you choose to.
Mill View sits in the historical village of Hauxton, right on the banks of the river Cam. Historic monuments, houses and museums mixed with popular pubs and local shops create the perfect countryside location. Hauxton retains a rural charm and offers perfect opportunities for cycling, walking and exploring. There are shops and amenities in Great Shelford (approx. 3 miles) and further a eld Cambridge offers a host of entertainment, leisure and shopping options. A weekly bus is provided directly from Mill View to a local supermarket for you to do your weekly shop.
Mill View has been designed to enable residents to continue to live independently in modern apartments yet has provided warm and friendly community spaces, giving you the opportunity to make friends and become part of the Mill View community. At Mill View, our Scheme Manager will support residents to engage in the activities that they enjoy and work with you and your neighbours to build a vibrant community. One of the benefits of moving to one of these brand-new apartments is the freedom and liberation to leave your home in safe and secure hands if you decide to travel or visit friends and family.
There are a range of onsite facilities and services including; tailormade friendly and professional care and support to suit your needs, an onsite rooftop restaurant which provides a 3-course lunch and can provide sandwiches for your evening meal*, 24-hour emergency response, landscaped communal gardens, a laundry room, mobility scooter store, lounge areas, parking and a hair salon and shop.
*Included in your service charge fee.
A typical one-bedroom apartment specification includes:
- Fitted gloss white kitchen with built-in Zanussi single oven, hob and extractor hood
- Wood effect luxury vinyl flooring to kitchen/lounge/living
- Open plan lounge/living area
- Bathroom with walk-in thermostatic shower, plus tiles to all walls
- Bedroom is fully carpeted with door leading to bathroom
- Central Heating and Double-glazing throughout
- Broadband/TV/satellite/radio/telephone points
Take a virtual tour of Mill View. We have two new show homes in Plot 4 on the ground floor and Plot 65 on the third floor.
The price displayed is for a 75% share of the properties full price. No rent payable if you purchase a 75% share. (Properties subject to a monthly service charge.)
Service Charge (per month) - £535.59
*Please be advised that the virtual tour is from our show home at Mill View. This property comes furnished only with advertised appliances.
**A daily meal at the restaurant is included in the service charge costs. Speak to a sales advisor for further information.
For more details on Mill View, to view one of our show apartments (Plots 4 and 65), or if you would simply like to have an informal discussion, please do get in touch with Mill View's friendly Sales Advisor, Janet Bennett.
Key Features
Take a virtual tour of Mill View here:https://bpha360.co.uk/tours/millview/
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: B
Property Downloads
Key Information Document Floor Plan Brochure Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 75%, full price £280,000, £10,500 Min Deposit. Calculated using a representative rate of 5.26%
