2 bedroom house for sale
11 Rookes Close, Ramsey, PE26 1FN
Share percentage 50%, full price £215,000, £5,375 Min Deposit.
Share percentage 50%, full price £215,000, £5,375 Min Deposit.
Monthly Cost: £907
Rent £246,
Service charge £48,
Mortgage £613*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
- 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.
Summary
Brand new 2 bedroom house in the Ramsey Park development. The price advertised represents purchasing a 50% share of the home.
Description
Brand new 2 bedroom house in the Ramsey Park development. The price advertised represents purchasing a 50% share of the home.
About the Development
Ramsey Park a fantastic new development presented by David Wilson Homes. Located in the small market town of Ramsey in Cambridgeshire, the development benefits from being on the edge of the town with surrounding countryside. There are local amenities such Post office, restaurants, pubs, a bakery, coffee shops and more all within walking distance. These homes are perfect for first time buyers or even growing families as the local schools have a ‘Good’ Ofsted rating, all less than two miles away. Commuter links are brilliant, only 9 miles from Huntingdon and a 30 minute drive away from the heart of Peterborough. Cambridge by car is just 45 minutes or travel by rail to London St Pancras in just an hour from Huntingdon Train Station.
About the Home
Ground floor comprises of an open plan living room, Kitchen / dining room. Kitchen includes integrated appliances such as extractor, hob and oven. From the kitchen / dining room you can access the under stair storage cupboard, the rear lobby and WC. The rear garden is accessed through the rear lobby. The first floor offers two generous bedrooms, storage space and a three piece bathroom suite.
About the Area
Located in the small market town of Ramsey in Cambridgeshire, the development benefits from being on the edge of the town with surrounding countryside. There are local amenities such Post office, restaurants, pubs, a bakery, coffee shops and more all within walking distance. Commuter links are brilliant, only 9 miles from Huntingdon and a 30 minute drive away from the heart of Peterborough. Cambridge by car is just 45 minutes or travel by rail to London St Pancras in just an hour from Huntingdon Train Station.
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 50% 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
- Open plan kitchen/dining/lounge
- Flooring throughout
- Ample storage space
- 2 parking spaces
- Spacious bedrooms
- There will be an added service charge
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan 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 50%, full price £215,000, £5,375 Min Deposit. Calculated using a representative rate of 5.26%
