Share Price £200,000 (from 40% Min. Share)

Full Value £500,000 | £10,000 Min. Deposit

Scheme: Shared Ownership

Under offer

Halo - 3 bed house in Cambridge - Cambridgeshire

place Clay Farm Drive, Trumpington, CB2 9BY

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Domovo

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3 bedroom terraced house, available to purchase through the Shared Ownership scheme.


Description

Built by Crest Nicholson and offered for sale via the Shared Ownership scheme through Domovo. This stunning 3 bedroom house on the popular Halo Development in off Long Road in Cambridge. Ideally placed to avoid the hustle and bustle of the city centre on a daily basis, however still within a short driving distance from all the centre does have to offer. It is short drive away from the M11, Addenbrookes Hopsital and the biomedical campus.


Initial shares available to purchase between 40-75%*.
*(Your application will be affordability assessed to determine what share you can afford to buy).

*£1,000 INCENTIVE AVAILABLE UPON COMPLETION*

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


About the property
The house includes the following features:

- A high specification kitchen, with a built in oven, hob & extractor fan. In addition, a fridge freezer & dishwasher
- Flooring is provided throughout
- Gas to radiator central heating
- Private garden with shed. Plus water butt & rotary dryer
- Off road parking


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


Key Features

- A high specification kitchen, with a built in oven, hob & extractor fan. In addition, a fridge freezer & dishwasher- Flooring is provided throughout
- Gas to radiator central heating
- Private garden with shed. Plus water butt & rotary dryer
- Off road parking


Download Documents

Link to the floor plan Energy Certificate
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Calculate Monthly Cost

Share price
£ 200,000
Min. £200,000
Share percentage
Min. 40%
Your deposit
Min. £10,000
Monthly cost*
£1,705
Cost breakdown
£688
Rent
£20
Service charge
£997
Mortgage*
Calculated using a representative rate of 3.94%
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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.