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£126,000
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.
Built by Taylor Wimpey and offered for Shared Ownership sale through Domovo, we have a selection of two and three bedroom homes at the hugely popular Cambourne West development in Cambourne, Cambridgeshire.
This stunning development has been carefully planned to make the most of the timeless local landscape.
Expansive green open spaces are crafted throughout the development with village ponds and beautiful landscaping. All of this only a short walk (1 kilometre) from Cambourne's village centre, lined with a charming assortment of restaurants and cafés, all offering their own unique individuality and preserved by a passionate local community.
Full Market Value: £315,000
Share Value: £126,000 (Based on a 40% share)
Monthly Rent: £433.13 (Based on a 40% share)
Monthly Service Charge: £11.29 (This is an estimate only)
Lease Term: 122 years
Initial shares available to purchase between 25-75%*.
*(Your application will be affordability assessed by an Independent Mortgage Advisor to determine what share you can afford to buy).
About the Property
A two bedroom mid terrace house includes the following specification:
Kitchen
- Medford white kitchen cupboards
- Copper Slate worktop with upstand
- Stainless steel splashback
- Oven, gas hob & integrated cooker hood
- Space for free standing Fridge freezer and washing machine (appliances not provided)
- Vinyl flooring
Bathroom
- Thermostatic shower over bath
- Madagascar Blanco Porcelanosa wall tiles to wet areas
- Vinyl flooring
- Shower screen
General
- Manhattan taupe carpet to dry areas
- Gas central heating
- NHBC Warranty
- Private garden with turf
- Outside tap to houses
- Two car parking car spaces
- Electric vehicle charging point
We reserve the right to change the specification at any time.
Please note that the imagery shown are CGIs – Guide only.
The perfect place to put down roots
Cambourne West will be a place for everyone, a real cross-generational community where people of all ages can grow and prosper together.
Shared green spaces will create the perfect opportunity for families, friends and neighbours to meet and socialise, whilst a variety of flexible commercial spaces will provide ample scope for new local businesses.
The collection of quality homes is surrounded by beautifully landscaped open green spaces in which to walk, run and cycle. The many on-site amenities include a village centre, ponds, sports facilities, a community centre and a new primary and secondary school.
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. Initial shares of between 25% and 75%** of our properties are available, you will pay a subsidised rent on the remaining share.
In the future, you can purchase further shares in your home*** or sell your share and move on.
*Properties are offered as leasehold, with a lease term of up to 125 years.
**Shares offered are based on the affordability determined by an Independent Mortgage Advisor.
***Some properties are restricted to the level of share you can purchase.
Disclaimer
The information provided by Domovo, the sales and marketing brand for bpha, is prepared as a general guide only and should not be relied upon as a basis to enter into a legal contract or to commit expenditure. All measurements are approximate. Floorplans are for illustration purposes only. Photographs/CGIs provided are for guidance only, could be from a previous phase, and may not reflect items included in the property sale. Any interested party is advised to check the measurements and to consult their own surveyor, solicitor and/or other professionals before committing themselves to any expenditure or other legal commitments. All customer reviews were obtained by incentive. While we strive to provide accurate and unbiased reviews, we cannot guarantee that all information is accurate, complete, or up to date. Any reliance placed on such information is strictly at your own risk. Any interested party is encouraged to conduct their own research and make decisions based on their own individual circumstances.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.
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