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£250,000
Available Now! 2 bedroom first floor apartment in Hauxton, Cambridge, available to purchase through the shared ownership scheme
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.
This 2 bedroom first floor apartment is situated in Hauxton, Cambridge, and is available to purchase through the shared ownership scheme.
Full market value: £333,333.34
Share available: 75%
Monthly rent: £0.00
Monthly service charge: £535.95
Remaining lease term: 120 years
About the property
- This property is comprised of:
- An entrance hall
- Open plan kitchen/living room
- Two bedrooms
- Bathroom
- Private balcony
About the area
Hauxton is a small village in Cambridgeshire, England around 5 miles to the south-west of Cambridge. Hauxton had a 2011 population of 673 and has an organic food shop, a small convenience/grocery store and hair salon (both located on the ground floor of Mill View) and a church. There are more shops and amenities in Great Shelford (approx. 3 miles) and further afield, Cambridge offers a host of entertainment, leisure and shopping options for you to enjoy.
To find out more about what Mill View has to offer, click here: https://www.mill-view.co.uk/
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 75% 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.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
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