Share Price £112,875 (from 35% Min. Share)

Full Value £322,500 | £5,644 Min. Deposit

Scheme: Shared Ownership

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The Avenue at Marham Park - 3 bed house in Bury St Edmunds - Suffolk

place Off Mildenhall Road, Fornham All Saints, IP28 6JS

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date_range Reserve for just £125* (*Terms & Conditions apply). Offer ends - 31st October
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Exciting development of new homes on the outskirts of Bury St Edmunds


Eligibility

Reserve for just £125* – offer available until 31st October 2020

Reserve your dream home with Shared Ownership for less – simply contact Clarion Housing today and find out how easy it is.

*Fee reduced from £500. Offer available until 31st October 2020 and applies to all Shared Ownership purchases with Clarion Housing. If the property does not exchange within 42 days of the reservation fee being taken then the full £500 reservation fee will be required. Full T&Cs available on request.

Am I eligible?

  • You must be at least 18 years old.
  • You cannot afford to buy a home suitable for your needs on the open market.
  • You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.
  • Your annual household income must be less than £80,000.
  • You must not own another home, if you do it will need to be sold or have an offer agreed to be eligible.

Description

About The Avenue at Marham Park

Located in picturesque Suffolk countryside, The Avenue at Marham Park is an exciting development of new homes on the outskirts of Bury St Edmunds, offering excellent transport links and a great quality of life.

The Avenue at Marham Park is a new community in a village environment, close to the town of Bury St Edmunds. Bloor Homes is proud to be building a mix of two, three and four bedroom properties ideal for growing families and downsizers. The community will eventually comprise over 1,000 homes, as well as a new village square, retail units, health and leisure facilities, and allotments.

Not only will this fully integrated new community have a vibrant local centre, it will also be home to substantial amounts of open space across its 200 acre span, including play and exercise areas, and walking and cycle routes to encourage a healthy lifestyle.

Just two miles south of The Avenue at Marham Park is the historic market town of Bury St Edmunds - "the jewel in the crown of Suffolk". The town centre offers a comprehensive mix of shops, eateries, attractions and leisure facilities. The contemporary Arc shopping centre features several high street retailers, including a Debenhams department store, as well as the modern event venue The Apex. The town also boasts two cinemas, Theatre Royal and beautiful Abbey Gardens.

With the A14 and Bury St Edmunds bus and train stations nearby - offering direct links to Cambridge, Newmarket and Ipswich - The Avenue at Marham Park is an ideal location for commuters in both Suffolk and Cambridgeshire.

To register your interest or for any other enquiries please contact the Customer Service Team – Sales

Please note:

All images displayed throughout are examples of previous Clarion developments and are not indicative of the specification at this development and may not correspond exactly to the available properties described.

These prices are to be used as a guideline only as they may change.


Download Documents

Property brochure 1 Property price list

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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Calculate Monthly Cost

Share price
£ 112,875
Min. £112,875
Share percentage
Min. 35%
Your deposit
Min. £5,644
Monthly cost*
£1,102
Cost breakdown
£480
Rent
£60
Service charge
£562
Mortgage*
Calculated using a representative rate of 3.94%
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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.