Share Price £103,250 (from 35% Min. Share)

Full Value £295,000 | £5,163 Min. Deposit

Scheme: Shared Ownership

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Darwin Grange - 2 bed house in Cambridge - Cambridgeshire

place Blackbird Close, Upper Cambourne, CB23 6LD

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2 bedroom semi-detached house, available to purchase through the Shared Ownership scheme.


Description

Built by Taylor Wimpey and offered for sale through the Shared Ownership scheme by Domovo, this two bedroom semi detached house is located on the hugely popular Darwin Grange development in Cambourne, Cambridgeshire. The village of Cambourne benefits from a range of restaurants, parks and highly respected schools. It is also well placed to Cambridge town centre and train station, with both the A428 and M11 being a short drive away.

Initial shares available to purchase between 35%-75%* (*Your application will be affordability assessed to determine what share you can afford to buy).

Price shown is for a 50% share.

*Please be advised that this plot comes unfurnished and the furniture shown in the imagery is for marketing purposes only.

About the Property
This house includes the following features:

- A high specification kitchen with an oven, hob & extractor fan

- Flooring is provided throughout

- Gas to Radiator Central Heating

- Private garden with shed

- 2 parking spaces which are demised to the plot


Local Information

Located within the picturesque Cambridgeshire countryside, Cambourne is located just nine miles from the historic city of Cambridge. The village benefits from many facilities and amenities including a supermarket, a petrol station, an array of restaurants and takeaways plus numerous parks and outdoor areas.

A brand new secondary school opened in September 2013, and Cambourne also has a local cricket, rugby and football team. Being situated on the outskirts of Cambridge you will not have the burden of traveling far to benefit from the facilities and amenities of Cambridge.

The A428 is approximately a 5 minute drive from Gladiator Road and the M11 motorway around 13 minutes away making this a well placed development.


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.
** Shares offered are based on business need.
***Some properties are restricted to the level of share you can purchase.


Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.


For more information, please contact the Domovo sales team on 01234 674070 or email sales@domovohomes.co.uk


**If you wish to speak to Domovo about this property or any other development we have available in Cambridge, a Sales Adviser is now located in our brand new sales office at Mill View, St Edmunds Way, Hauxton, Cambridge, CB22 5BA. Visit us Wednesday - Saturday between 11am & 3pm. No appointment required.**


Key Features

- Brand new home

- A high specification kitchen with an oven, hob & extractor fan

- Flooring is provided throughout

- Gas to Radiator Central Heating

- Private garden with shed

- 2 parking spaces which are demised to the plot


Download Documents

Link to the floor plan Property brochure 1 Energy Certificate
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Calculate Monthly Cost

Share price
£ 103,250
Min. £103,250
Share percentage
Min. 35%
Your deposit
Min. £5,163
Monthly cost*
£862
Cost breakdown
£338
Rent
£7
Service charge
£517
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.