2 bedroom house for sale

Available

Sweetentree Way, CB23 6FH

£132,500 · Shared Ownership Resale

Share percentage 50%, full price £265,000, £6,625 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£132,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £265,000, £6,625 Min Deposit.

Monthly Cost: £1,038
Rent £276, Service charge £7, Mortgage £755*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Eligibility

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.
Summary

Available Now! 2 bedroom mid-terrace house in Cambourne, Cambridgeshire, available to purchase through the Shared Ownership Scheme

Description

This 2 bedroom mid-terrace house is situated in Cambourne, Cambridgeshire, and is available to purchase through the Shared Ownership scheme.

Full Market Value: £265,000

Share Available: 50%

Monthly Rent: £276.16

Monthly Service Charge: £7.20

Remaining Lease Term: 104 years

About the Property

As you enter the property you will be in the entrance hallway, with a built-in double cupboard, and the downstairs WC on your right. On the left is the kitchen, which has been refurbished to include an oak wood worktop and butler sink, which ties in beautifully with the grey units. The kitchen is a good size, and features a beautiful bay window overlooking the cricket green, and an integrated fridge-freezer, and oven with gas hobs and an extractor hood. At the end of the hallway is the spacious living room, with the stairs to the first floor along the right side, and a space underneath. There is plenty of room for furniture, currently including a large corner sofa, a coffee table, TV unit, dining table and chairs, a tall storage unit, and a bookcase. There is a large window, and a set of double glass doors leading into the rear private garden. There is fitted wooden laminate flooring throughout the ground floor of the property.

Upstairs, the first bedroom is situated at the front of the property, and features a built-in wardrobe, and a good-sized window overlooking the green opposite. The second bedroom is at the rear of the property and features a built-in wardrobe and cupboard. There is new carpeting on the stairs, first floor landing, and in both bedrooms. The bathroom is located between the two bedrooms, and features new vinyl flooring, and a three-piece suite, including a bath with shower facilities. The shower benefits from a small detachable shower head as well as a fitted overhead waterfall shower head.

Outside, the garden is comprised of a small patio area and a larger lawn area.

There is an allocated parking space to the rear within the garage court.

About the Area

Cambourne is a new settlement and civil parish in Cambridgeshire, England, in the district of South Cambridgeshire. It lies on the A428 road between Cambridge, 9 miles to the east, and St Neots and Bedford to the west. It comprises the three villages of Great Cambourne, Lower Cambourne and Upper Cambourne. Currently still in planning stages is the guided bus way and train station, which will provide further transport links in the future.

The area is well served by great local amenities, including a Co-op just a 2 minute walk from the property. Also nearby there is a doctors surgery, pharmacy, dentists, a pub, a supermarket, a salon, and a selection of fast-food and restaurants.

Cambourne has been used by government departments and in school geography lessons, as it provides a useful case study of designing and building a settlement from scratch.

Cambourne is the largest settlement in South Cambridgeshire, with a population of 8,186 in the 2011 UK census.

Shared Ownership, how does it work?

If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. This property has a 50% share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.

*Properties are offered as leasehold.

**Some properties are restricted to the level of share you can purchase.

Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.

Key Features
  • 50% Share Available
  • 2 Bedrooms
  • Private Garden to Rear
  • Allocated Parking
  • Excellent Location
  • 10 miles to Cambridge City Centre
  • Great Local Amenities
  • Gas Central Heating
Particulars

Tenure: Leasehold
Lease Length: 104 years
Council Tax Band: Not specified

Property Downloads
Key Information Document Floor Plan Energy Certificate
Virtual Tour
Map
St Neots Station (7.12 miles) Shepreth (8.57 miles) Foxton (8.94 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 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.

£132,500
Shared Ownership Resale
Estimated Monthly Cost:£1,038
Rent £276
Service Charge £7
Mortgage £755

Share percentage 50%, full price £265,000, £6,625 Min Deposit. Calculated using a representative rate of 5.26%


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.