£107,500

This 2 bedroom end terrace home is situated in Gunthorpe, Peterborough and is available to purchase through Shared Ownership. The property benefits from off-street allocated parking, front and rear gardens, a downstairs W/C and a practical layout across two floors. Residents can also staircase to 100% ownership over time.

Full Market Value: £215,000

Share Available: £107,500

Monthly Rent: £271.06

Monthly Service Charge: £47.21

Remaining Lease Term: 83 years

About the Property

This home is comprised of:

Ground Floor:

Entrance hall – provides access to the main living areas and stairs to the first floor

Kitchen/ diner – has a modern design and provides access to the rear‑garden

Living room – towards the front of the property, suitable for relaxing and hosting

Cloakroom/ WC – a convenient ground‑floor toilet with a sink

First Floor:

Bedroom 1 – double room, with space for storage

Bedroom 2 – double room, ideal for a second bedroom, nursery or office space

Bathroom – with bath and shower facilities

Outside:

Allocated parking – 1 space

Front garden – gravel area

Rear garden – ideal space for relaxing and entertaining and has access to front of house via side passage

About the Area

Gunthorpe is a residential area located to the north-east of Peterborough city centre, offering convenient access to a range of local amenities including shops, schools and everyday services. Further shopping, leisure and cultural facilities can be found in nearby Peterborough city centre, including Queensgate Shopping Centre, restaurants and entertainment venues.

The area benefits from nearby green spaces and countryside walks, as well as access to riverside routes along the River Nene, providing plenty of options for walking, cycling and outdoor recreation.

Gunthorpe is well connected for travel, with easy access to the A15, A47 and A1(M), linking to Cambridge, Northampton and surrounding areas. Peterborough railway station offers fast and direct services to London Kings Cross and other major cities.

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.