Share Price £165,000 (from 50% Min. Share)

Full Value £330,000 | £8,250 Min. Deposit

Scheme: Shared Ownership

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Paragon - 2 bed apartment in Cambridge - Cambridgeshire

place Paragon, CB2 9BW

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Paragon at Great Kneighton is located to the east of Trumpington


Eligibility

You are eligible to purchase a Home Reach property in England or Wales if:

Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)
You have a deposit (at least 5% of the share value)
You are a first-time buyer or used to own a home, but cannot afford to buy outright now
The shared ownership property will be your principle and only home
You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs


Description

Your dream home is within reach this summer with a gifted deposit of up to £2,500 when you reserve before 15th September 2019.
Terms and Conditions:
Available on new reservations only, up to the value of £2,500. Must reserve by 15th September 2019.
Available on selected plots. Please go to www.homereach.org.uk for more information.

Paragon at Great Kneighton is located to the east of Trumpington on the southern edge of Cambridge and is easily accessible from the M11 junction 11. This vibrant development benefits from new schools, shopping facilities, recreational grounds and vastly improved transport links including extensive, purpose built cycle way routes and footpaths. Trumpington Park and Ride is only 5 minutes away - an easy alternative route to the centre of Cambridge and the railway station.King's Cross is just 47 minutes away by train and Stansted airport just 30 minutes by train. So, if you're looking for a new home with excellent commuter links, your search ends here!

Service charge outlined on this portal is heylo’s admin and building insurance fee. Estate and Service charge fees (if applicable) are available from the sales team on site.


Key Features

Kitchens
Choice of kitchen units with co-ordinating worktop*
Choice of Porcelanosa ceramic floor tiles*
Integrated appliances including:
Integrated stainless steel oven, hob and hood
Integrated fridge freezer and washing machine
Downlighters

Bathrooms and en suites
Choice of Porcelanosa ceramic wall and floor tiles*
Ideal Standard white suites with Aquablade Technology ® and soft close toilet seats
Heated towel rail
Downlighters

Bedrooms
Portico built-in wardrobe to bedroom 1 featuring glazed sliding doors**
TV and phone point to bedroom 1
Shaver socket to bathroom or en suite

Doors and windows
Audio door entry system
Contemporary ladder style internal doors
Carlisle Brass brushed chrome door handles

General
High levels of insulation and thermal efficient walls, windows and roof
Gas central heating with wall mounted condensing boiler, programme selector and room thermostat
White painted internal walls and ceilings
Contemporary square edge skirting and architrave
Mains wired smoke detectors
Balcony or terrace with timber decking
NHBC ‘Buildmark’ cover providing 10 year warranty
Two years’ customer service support from Bovis Homes
Lift to all floors


Download Documents

Link to the floor plan
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Calculate Monthly Cost

Share price
£ 165,000
Min. £165,000
Share percentage
Min. 50%
Your deposit
Min. £8,250
Monthly cost*
£1,250
Cost breakdown
£378
Rent
£45
Service charge
£827
Mortgage*
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.