A new pathway home with Share to Buy
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3 bedroom house for sale

Available

Morpeth Close, PE2 7AP

£126,000 · Shared Ownership New Build

Share percentage 40%, full price £315,000, £6,300 Min Deposit.

Available
3 bedrooms
1 Bathroom
Private Garden
Pets allowed
Parking
£126,000 Shared Ownership New Build

Share percentage 40%, full price £315,000, £6,300 Min Deposit.

Monthly Cost: £1,215
Rent £473, Service charge £40, Mortgage £702*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Summary

Spacious three bedroom home

Description

The Buttercup

A three bedroom semi-detached home, perfect for first time buyers and families.

The Buttercup has a separate lounge, kitchen/dining room, wc to the ground floor. On the first floor are 3 spacious bedrooms and a family bathroom. There are plenty of electrical sockets throughout with a TV point to the lounge and master bedroom. The bathroom comes with a thermostatic shower over the bath and full height tiling to the bath area and a glass shower screen.

NB: We are not yet aware of the Council Tax banding for these homes.

Shares available to purchase up to 75% of the full market value (subject to affordability and eligibility criteria). Please note you will be required to maximise affordability.

Disclaimer

IMPORTANT NOTICE These brief particulars have been prepared and are intended as a convenient guide to supplement an inspection or survey and do not form any part of an offer or contract. Their accuracy is not guaranteed. They contain statements of opinion and in some instances, we have relied on information supplied by others. Design elements and specification details may change without notice. You should verify the particulars on your visit to the property and the particulars do not replace the need for a survey and appropriate enquiries. Accordingly, there shall be no liability as a result of any error or omission in the particulars or any information given. All images are computer generated. Date of publication: April 2024

Key Features

Specification Highlights

  • Built-in oven, hob & extractor
  • Integrated washing machine, dishwasher and fridge freezer
  • Modern, neutral kitchen cabinets and worktops
  • Modern white sanitary ware with thermostatic shower over the bath & screen
  • Vinyl flooring to kitchen & bathroom
  • Fully enclosed rear turfed rear garden
  • Carpeting to all other rooms, available as an early-purchase incentive
  • Allocated Parking
  • 990 year lease term
  • 10 year NHBC warranty
Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined

Map
Peterborough (1.64 miles) Whittlesea (6.38 miles) Stamford (10.99 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes

Outside Space/Garden: n/a - Private Garden

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£126,000
Shared Ownership New Build
Estimated Monthly Cost:£1,215
Rent £473
Service Charge £40
Mortgage £702

Share percentage 40%, full price £315,000, £6,300 Min Deposit. Calculated using a representative rate of 5.03%


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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.