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£112,000
Available Now! *2 Bedroom Semi-detached House *35% share *Northstowe, Cambridgeshire *Available to purchase through shared ownership
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 semi-detached house is situated in Northstowe, Cambridgeshire and is available to purchase through the Shared Ownership scheme.
Full Market Value: £320,000
Share Available: £112,000
Monthly Rent: £550.03
Monthly Service Charge: £27.76
Remaining Lease Term: 119 years
About the Property
The home is comprised of:
An entrance hall
Kitchen/ Dining room
Reception room
WC
Bedroom 1
Bedroom 2
Bathroom
About the Area
Northstowe is a sustainable new development near Cambridge where modern amenities are planned in an area rich in local history. The town has a strong sense of community and an identity that is entirely unique, where health and wellbeing are promoted. At Northstowe you’re never far from nature and yet only 20 minutes from Cambridge City.
The Northstowe development provides great spaces for formal and informal recreation in both sport and play, including a well-designed play park; Pioneer Park with a basketball area, outdoor free gym, sports pitches and bowls green. Northstowe is already well served with the Pathfinder Primary school, Northstowe Secondary College and Martin Bacon Academy with more schools planned as the town grows
The new town will fall in the Longstanton ward of South Cambridgeshire District Council, and is located five miles northwest of the city of Cambridge, between the villages of Oakington and Longstanton. Northstowe is linked to Cambridge and St Ives by the Cambridgeshire Guided Busway which was opened in 2011.
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 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.
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 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.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.
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