3 bedroom house for sale
Boyton Place, Haverhill, CB9 7UD
Share percentage 25%, full price £370,000, £18,500 Min Deposit.
Share percentage 25%, full price £370,000, £18,500 Min Deposit.
Monthly Cost: £1,492
Rent £1,034,
Service charge £58,
Mortgage £400*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
Summary
Attractive 3 Bedroom brand new home available on Shared Ownership in Haverhill
Description
We are delighted to offer this exciting opportunity to buy this brand new, 3 bedroom detached house on a Shared Ownership basis. The full market value of £370,000 is available to purchase at a 25% share with a deposit of £18,500. (other shares available) Call now to book a viewing
• 2 Parking Spaces
• Utility room
• Ensuite to master
• Downstairs WC
• Sought after village location
• Good transport links
This attractive 3 bedroom new home has been designed with style, comfort and efficiency in mind. Finished to a high quality throughout the property comprises a sizeable living room that overlooks and opens out to the garden via French doors, A stylish open plan dual aspect kitchen / diner with utility room and a downstairs WC. Once upstairs you are greeted by a master bedroom with ensuite and storage space, a further 2 bedrooms and a family bathroom. This new home is further complemented externally by a garden and 2 parking spaces.
Beautifully laid out, this development is an ideal mix of brand new homes within a welcoming, family friendly, community setting. Perfectly situated within the attractive market town of Haverhill. A charming and thriving market town, surrounded by stunning Suffolk countryside, Haverhill is a very special place to call home.
Haverhill has a vast and interesting history dating back to the Saxon times with references made to it within The Doomsday book. In fact, it was once even home to King Henry the Eights divorced wife, Anne of Cleves.
Locally there are a great range of amenities from everything needed essentially and more. There are a selection of eateries and high street retailers as well as a multi screen cinema. Whilst the Haverhill leisure centre boasts a swimming pool, gym, soft play area, skate park and 18-hole golf course. For those with children Haverhill offers a choice of well performing schools.
Ideally located close to the borders of Cambridgeshire and Essex this development benefits from good transport links via the A11 and M11. The closest train station is located in Dullingham, around 10 miles away. However, for travelling further afield the closest airport is London Stansted Airport, which is 20 miles away.
There are a range of picturesque neighbouring locations which offer the opportunity of fantastic days out. Journey times to both the historic market town of Bury St Edmunds and beautiful university city of Cambridge are approximately 30 minutes whilst the town of Colchester is less than an hour away.
Only approximately 16 miles away, the exceptional historical university city of Cambridge is the closest city to this development. Located on the River Cam, Cambridge has been a prominent part of the country since the Roman times. The city skyline glitters with the many beautiful university buildings scattered across it.
Complemented further by a selection of theatres. Cambridge is much loved for its prominent arts, theatre and live music scenes whilst offering all that you would expect and more in the way of further attractions, eateries, traditional pubs and modern bars. There is also a perfect blend of well known high street retailers and unique smaller boutiques to enjoy.
Financial Breakdown:
Full market value: £370,000
25% share value £92,500
5% deposit of full market value: £18,500
Rent charged on un-owned share: 4.47%
Rent on un-owned share (75%) £1033.69
Estimated monthly service charge: £58
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
*Please note, images have been used for illustrative purposes only. Specification, layout and finish may be subject to change.
Key Features
• 2 Parking Spaces
• Utility room
• Ensuite to master
• Downstairs WC
• Sought after village location
• Good transport links
Particulars
Tenure: Freehold
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor PlanMap
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 25%, full price £370,000, £18,500 Min Deposit. Calculated using a representative rate of 4.24%