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Lancaster Way - 3 bed house in Chatteris

Lancaster Way, Fenlands, Chatteris, Cambridgeshire, PE16 6DB

under offer

Full price £192,500 / minimum share £96,250 (50%)

Stunning 3 Bedroom Houses Available - Don't miss out register now

Affordable housing scheme: Shared Ownership (Also known as part buy part rent, you purchase a share of a brand new property and rent the remainder from the housing provider. The price shows the minimum share available, and the size of the share you purchase will depend on what you can afford.)

Budget calculator

Estimated total monthly cost£730

(includes: rent£221,

service charge£27,

estimated mortgage£482)

Stunning Houses Available Now - Last few plots remaining

A modern home in historic Cambridgeshire

Lancaster Way is an attractive development of modern 2- and 3-bedroom homes in Chatteris, Cambridgeshire, available for Shared Ownership.

Chatteris is an historic market town in the heart of the Fens, close to Huntingdon and Ely, and with excellent connections to Cambridge and London. Part of a superb new neighbourhood, Lancaster Way is perfect for couples or families looking to buy a well-designed home in a great location.

Our homes combine bright contemporary interiors and flexible open-plan layouts with economical design features, ensuring a minimal impact on both your budget and the environment. All our properties are designed to maximise light and space, and the Lancaster Way development also offers well-designed outdoor areas to increase your enjoyment of the area and improve your quality of living.

About Chatteris

Chatteris is a small but beautiful market town in the Fens, Cambridgeshire. Close to Huntingdon, March and Ely, and with excellent connections to Cambridge and London, Chatteris is mentioned in the Domesday Book and has retained much of its historic character.

The town itself has an excellent range of amenities, including a large Aldi supermarket just a short drive from the development, and a smaller Budgens supermarket nearby on the High Street. There is also a post office, Barclays bank branch and a further range of independent shops on Market Hill and in the High Street. Chatteris offers two primary schools, Kingsfield Primary School and Glebelands School, and the town also has an academy school, Cromwell Community College.

Opportunities for relaxation are plentiful in Chatteris. The town offers a choice of three quality pubs: the Cross Keys Hotel, The Ship, and the Honest John. There are a number of tea shops and small restaurants, including the Petrou Brothers fish-and-chip shop, which has previously won the National Chip Shop of the Year competition. The town also has a football club, a number of cricket teams, and the St Peters tennis club. And for those who love gardening, there is a strong horticultural community: over the years, Chatteris has won various Royal Horticultural Society awards for its flower shows.

Chatteris has excellent connections to the rest of Cambridgeshire and the wider South East. Rail services are available at Ely, March, and Huntingdon, and there are regular buses to March, St Ives, Ely and Cambridge, alongside occasional services to Huntingdon and Peterborough.

By car, the nearby A141 connects to the A1(M) and the A14, which leads to Cambridge and London via the M11. Alternatively, the B1050 will take you to Bar Hill and directly onto the M11 at Cambridge. In the opposite direction, the A142 takes you quickly to Ely and onward to Suffolk.

Travel Times By Car:

2hr London

0hr 45min Peterborough

1hr Stansted Airport 1hr 30min Luton Airport

0hr 40min Cambridge

Travel Times By Train:

1hr 40min London

0hr 40min Cambridge

(All train times are via Ely including ZIP shuttle bus service from Lancaster Way Business Park.)

Price List

Accessibility Rating

Check with provider for accessibility information.

Eligibility

What is Shared Ownership?

Shared Ownership is an excellent way for people who are unable to buy on the open market

to take their first step onto the property ladder. Under most Shared Ownership schemes, you

buy a share of between 25% and 75% of the property’s value and pay a subsidised rent on the

remaining share. A key advantage is that, as part-owner, you have a stability of tenure that

renting cannot offer. Over time, you can usually buy more of the property until you own 100%.

You will need a small deposit at the outset – generally a minimum of 5% of your share, subject

to conditions – and you will need to raise a mortgage on the rest of the sum required.

Am I eligible?

There are certain conditions to be eligible for a Shared Ownership property:

• Your annual household income must be no more tha £80,000 (for London boroughs this is £90,000).

• You must be unable to purchase a home suitabl for your needs without assistance.

• In many cases, you must be able to demonstrate  connection to the local area of the development.

• You must not have any outstanding credit issues (i.e unsatisfied defaults or county court judgments).

• You must be a first-time buyer. If you already own a hom and need to move but cannot afford to, or you have equity from a recent sale, please contact us, as there are some circumstances under which you may still be eligible.

If we think you may be eligible, you will be asked to have a free financial assessment with a Shared Ownership mortgage specialist to find out what share you can afford to buy. You will also be asked to complete an application form with the local Help to Buy agent. Sometimes you may need to be registered with your Local Authority. Specific criteria will be detailed on the information for each property.

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.

Your Lancaster Way home comes with a selection of quality modern fittings and finishes as standard, alongside a range of energy-efficient measures to lower your bills and protect the environment.

We also provide you with fully fitted kitchen units and selected appliances, while in the bathroom, components have been chosen to create a light and relaxed atmosphere.

Finally, each property is tastefully decorated in a timeless fashion – which makes it easier to alter elements according to your own decorative style.

FLOORING

Cormar Apollo Flax carpets are provided throughout the main areas of the home. The bathroom floor features large tumbled white tiles, while the cloakroom instead has Polyflor Classic Mystique vinyl in a Shoreline design, and the kitchen includes Tarkett Texstar cushioned flooring in Catera White.

FIXTURES AND FITTINGS

The living room is fitted with JCC Garda uplighters for a warm reflected light.

KITCHEN

The kitchen comes with fully fitted units, a Zanussi oven, hob and hood, and Blanco Prinz single lever taps. To this we add Johnson Savoy wall tiles and BCT Beige Marble Mosaic Strip border tiles.

BATHROOM

A full new bathroom suite is included. Border tiles are BCT Black/White Marble Mosaic Strip, while wall tiles are white in 300mm x 600mm size

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

.

Floor plan

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Share to Buy Ltd is authorised and regulated by the Financial Conduct Authority. FCA register number 306800. You can find more detail on our status in our Initial Disclosure Document [109k] and Terms of Business.

For further information, contact us or write to: Share to Buy, PO Box 11998, Sudbury CO10 3BS. Registered in England and Wales no: 04909788.