2 bedroom house for sale
Plot 7 - Catchwater Place, Witchford, CB6 2HU
Share percentage 40%, full price £325,000, £6,500 Min Deposit.
Share percentage 40%, full price £325,000, £6,500 Min Deposit.
Monthly Cost: £1,220
Rent £447,
Service charge £49,
Mortgage £724*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Plot 7 is a stunning 2 bedroom semi-detached home available to purchase from a 40% share.
Description
The accommodation comprises of a living room, kitchen/diner, downstairs W/C, two bedrooms and a family bathroom. Outside benefits from a private enclosed garden and off-street car parking.
Catchwater Place is located in Witchford, a charming and picturesque village located in the county of Cambridgeshire. These homes offer a perfect blend of modern amenities and traditional charm, making them an ideal choice for families & individuals looking for a comfortable and convenient home.
Key Features
- 40% Shared Ownership
- 2 bedroom semi-detached house
- Tenure: Leasehold 990 years remaining
- Monthly Rent: £446.88
- Monthly Service Charge: £48.55
- Full Value: £325,000
- Easy reach to major road links via the A142, A10 and A14
- Ely station is around 8 miles away, with links to Cambridge & London
- Close Witchford Village College secondary school
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Brochure Brochure Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £325,000, £6,500 Min Deposit. Calculated using a representative rate of 5.03%
