3 bedroom house for sale
Vassar's Field, Stortford Road, CB11 4PE
Share percentage 30%, full price £450,000, £6,750 Min Deposit.
Share percentage 30%, full price £450,000, £6,750 Min Deposit.
Monthly Cost: £1,512
Rent £722,
Service charge £21,
Mortgage £769*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
Introducing Vassar's Field in Clavering available through St Arthur Homes! Choose from 2 and 3 bedroom houses available through shared ownership.
Description
Introducing Vassar's Field in Clavering available through St Arthur Homes! Choose from 2 and 3 bedroom houses available through shared ownership. Enjoy modern, spacious living in a picturesque village setting. Your dream home awaits!
Experience the pinnacle of luxury living with our exclusive 2 and 3 bedroom shared ownership houses in Clavering on the Vassar's Field development. These exquisite homes boast top-of-the-line finishes, modern amenities, and spacious layouts, perfect for discerning buyers looking for elegance and comfort. Nestled in a coveted location, these residences offer a serene retreat with easy access to amenities and scenic surroundings. Don't miss the opportunity to own a piece of luxury in Clavering with our exceptional shared ownership properties.
Shared ownership is a great way for individuals to step onto the property ladder without the need for a large deposit. It allows buyers to purchase a share of a property and pay rent on the remaining share. This scheme offers a more affordable alternative to full ownership, making homeownership accessible to a wider range of people. This flexible scheme allows buyers to increase their share over time through a process known as 'staircasing,' eventually leading to full ownership. It's an excellent opportunity for those looking to own their home without breaking the bank.
Priced advertised is for 30% share.
30% share is based on full market value of £450,000
Service Charge £20.83 PCM
Rent £722 per month
Please note all buyers that are interested will need to undergo an affordability assessment in order to proceed.
***The photos used in this listing are from a previous St Arthur Homes development and serve information purposes only and may not represent a true likeness for the units being sold.***
Key Features
Integrated appliances
Built-in wardrobe* with mirrored sliding doors to Bedroom 1
Turfed gardens with paved patios
Two allocated parking spaces
Carpets to bedrooms, stairs and landing with Laminate flooring to remaining areas
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document 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 30%, full price £450,000, £6,750 Min Deposit. Calculated using a representative rate of 5.26%
