1/11
£115,500
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.
This 2-bedroom semi-detached in St. Ives is available to purchase through the Shared Ownership scheme.
Full Market Value: £210,000
Share Available: £115,500
Monthly Rent: £271.53
Monthly Service Charge: £13.08
Remaining Lease Term: 166 years
About the Property
The home is comprised of:
An entrance hall with cupboard space and access to the lounge and kitchen
Kitchen
Lounge/Dining Room
Bedroom 1
Bedroom 2
Bathroom
About the Area
St Ives is a market town and civil parish in Cambridgeshire, England. St Ives lies about 5 miles (8 km) east of Huntingdon and 12 miles (19 km) north-west of the city of Cambridge.
Historically in Huntingdonshire, St Ives is situated within the non-metropolitan district of Huntingdonshire, which covers a similar area to the historic county of the same name.
There are numerous local amenities in the village, including a range of schools and public houses. The major section of the world's longest guided busway, using all new construction techniques and technology, connects St Ives directly to Cambridge Science Park on the outskirts of Cambridge along the route of a disused railway line. The same buses continue into the centre of Cambridge along regular roads in one direction and continue to Huntingdon in the other direction.
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. This property has a share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.
*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase.
Disclaimer
The information provided by Domovo, the sales and marketing brand for bpha, is prepared as a general guide only and should not be relied upon as a basis to enter into a legal contract or to commit expenditure. All measurements are approximate. Floorplans are for illustration purposes only. Photographs/CGIs provided are for guidance only and may not reflect items included in the property sale. Any interested party is advised to check the measurements and to consult their own surveyor, solicitor and/or other professionals before committing themselves to any expenditure or other legal commitments.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
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