3 bedroom house for sale
Hill Drive, West Cambourne, CB23 6LU
Share percentage 25%, full price £360,000, £4,500 Min Deposit.
Share percentage 25%, full price £360,000, £4,500 Min Deposit.
Monthly Cost: £1,343
Rent £754,
Service charge £88,
Mortgage £501*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in West Cambourne, Cambridgeshire
Description
Spacious and modern semi-detached house now available in West Cambourne through Shared Ownership.
The property was constructed in 2022 and comprises a wide living room, a kitchen and dining room, and a small toilet on the ground floor. Upstairs, there are three bedrooms with a shared bathroom. This could be ideal for a family.
There's also a large private rear garden with a small shed and off-street allocated parking is available next to the house.
Key Information Document
Available for £90,000 for 25% share based on the marketing figure of £360,000.
Monthly rent - £754.19
Monthly Service Charge - £87.84
Total Monthly Charge - £842.03 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property is situated in a tranquil residential area surrounded by beautiful green areas with all amenities nearby.
Cambourne's town centre is only a 10-minute walk away, with many shops, restaurants, pubs and large supermarkets.
Cambridge can also be reached in roughly half an hour by either car on the highway or via direct bus.
Road travel is quite convenient, thanks to the M11 motorway and the A428 highway.
Plenty of schools in the area, many of which within walking distance.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 988
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Three-bedroom semi-detached house
- Modern building (2022)
- Schools nearby
- Off-street allocated parking
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 25%, full price £360,000, £4,500 Min Deposit. Calculated using a representative rate of 5.03%
