Share Price £85,000 (from 25% Min. Share)

Full Value £340,000 | £4,250 Min. Deposit

Scheme: Shared Ownership

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2 bedroom house in Waterbeach - Cambridgeshire

place Gibson Close, CB25 9HY

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Charming end-terrace 2-bedroom homes in Gibson Close, Waterbeach


Eligibility

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.

Priority will be given to buyers with a local connection to Waterbeach, Landbeach, Horningsea and Milton, South Cambridgeshire District.


Description

A charming 2-bedroom (800sqf.) new home in Gibson Close, Waterbeach. Light and airy interior, modern finishes. Spacious storage. Fenced, turfed rear garden and a designated parking bay.

The Gibson Close development is ideally positioned around a private avenue in the heart of the village, in a walking distance from the common green and amenities. It offers a perfect fusion of rural and urban living.

Waterbeach is a stunning village about 6 miles north of Cambridge. It has a wide range of local shops, eateries, pubs and cafes, post office, primary school and secondary education at Cottenham Village College. Thanks to its proximity to A10 and train station, Waterbeach is well connected to Cambridge, Ely and Newmarket.

The village is renowned for its community spirit and rich social calendar. It has many active local organisations and hosts annual summer event popular with both locals and visitors, The Waterbeach Feast, with a parade, shows, stalls and entertainment.

Estimated completion is November 2019.


Key Features

Ground Floor: Hall (cupboard under staircase); Bathroom; Kitchen (fitted with a range of built-in domestic appliances), connecting to Dining and Living Areas, with french door opening to rear garden.

First Floor: Landing (store cupboard); Bedroom 1 (built-in wardrobe); Bedroom 2; Bathroom.

Rear garden: Good size, fenced, turfed. Not overlooked.

Please check the floor plans to give you a better idea.


Download Documents

Link to the floor plan

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Share price
£ 85,000
Min. £85,000
Share percentage
Min. 25%
Your deposit
Min. £4,250
Monthly cost*
£1,009
Cost breakdown
£584
Rent
£12
Service charge
£413
Mortgage*
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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.