£122,500

A modern, mid-terrace house which provides twelve hundred square feet of accommodation arranged over three levels. There is a dining room (currently used as a gaming room) just off the entrance hall, a ground-floor cloakroom/WC and a good-sized kitchen. The main reception room is on the first floor and full-width. The largest of the three bedrooms is also on this floor while further upstairs, on the second floor, are the two remaining bedrooms and a stylish, naturally-lit bathroom. Well insulated walls and roof, double glazing and gas central heating make for a good energy-efficiency rating. The house comes with front and rear gardens and two allocated spaces in the parking area behind the terrace. New Hall Lane is just minutes from a Morrisons supermarket and there are other stores nearby. Cambourne Fitness & Sports Centre is also only a short walk away. If travelling further afield, the nearby A428 runs east towards Cambridge, connecting to the M11 just outside the city.

SHARED OWNERSHIP (Advertised price represents 35% share. Theoretical full market value £350,000 but Please note: 'Staircasing' on this property is limited to a maximum of 80%).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/3x8w7zsy]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Clarion.
Tenure: Leasehold (currently 99 years from 07/09/2007, 50 year lease extension in progress).
Minimum Share: 35% (£122,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £621.40 per month (subject to annual review).
Service Charge: £28.82 per month (subject to annual review).
Guideline Minimum Income: Dual - £41,800 | Single - £48,000 (based on minimum share and 10% deposit).
Council Tax: Band D, South Cambridgeshire District Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.