Share Price £82,000 (from 40% Min. Share)

Full Value £205,000 | £4,100 Min. Deposit

Scheme: Shared Ownership

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1 bedroom apartment in Royston - Hertfordshire

place Meridian Gate, Fairfax Lane, SG8 7HA

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FINAL PLOT REMAINING £500 towards legal fees


Eligibility

All applicants must have an up to date completed application with Help to Buy:www.helptobuyagent3.org.uk

Applicants must have a connection to NORTH HERTFORDSHIRE - this includes either of the following:

  • Lives in North Hertfordshire
  • Works in North Hertfordshire
  • Has immediate family who live in North Hertfordshire

Description

ONLY ONE PLOT REMAINING - Plot 12, 8 Fairfax Lane (ground floor apartment)

RECEIVE £500 TOWARDS LEGAL FEES*

settle are pleased to offer a collection of one bedroom apartments on the new development, Meridian Gate, Royston, conveniently located just outside Cambridge and only a 40 minute train ride into London.

These one bedroom apartments are a perfect starter home, with integrated kitchen appliances and floor coverings throughout, you can simply concentrate on packing your boxes ready to make a move!

This apartment block consists of 9 one bedroom apartments for Shared Ownership spread across 3 floors each with its own allocated parking space.

In Royston, you'll find a great choice of amenities - including shops, eateries, and schools - as well as excellent road and rail links just a short distance from home. And with Cambridge being within easy reach, you can enjoy all that this world-famous city has to offer too.

These new homes will be ready to move into April/May2020.

To apply for one of these great new starter homes please complete a short affordability assessment here: www.tmpmortgages.co.uk/apply-now

Please also ensure you are registered with:www.helptobuyagent3.org.uk

Once you have passed your initial assessment and completed the relevant application forms, we will invite you to an open morning to view the plans and specification details on site.

Minimum 40% shares are available

*£500 towards legal fees is payable on completion and subject to meeting reservation and completion deadlines.


Key Features

  • ONLY ONE PLOT REMAINING
  • Allocated car parking space
  • Integrated oven with hob and extractor
  • Contemporary kitchen
  • Integrated fridge freezer and washing machine
  • Open plan kitchen/living/dining area
  • Flooring and carpet throughout
  • 125 year lease
  • Shares available from 40-75%
  • £500 towards legal fees

Computer generated images are produced to give a general indication of the finished product. During the construction it may be necessary to make certain changes. All details are indicative only.


Download Documents

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

Share price
£ 82,000
Min. £82,000
Share percentage
Min. 40%
Your deposit
Min. £4,100
Monthly cost*
£725
Cost breakdown
£282
Rent
£45
Service charge
£398
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.