1/18
£64,500
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 3 Bedroom mid terrace in Gunthorpe, Peterborough, is available to purchase through the Shared Ownership scheme.
Full Market Value: £215,000
Share Available: £64,500
Monthly Rent: £382.46
Monthly Service Charge: £45.64
Remaining Lease Term: 83
About the Property
An entrance hall
Reception room
Kitchen
WC
Bedroom 1
Bedroom 2
Bedroom 3
Bathroom
About the Area
Gunthorpe is a residential area of the city of Peterborough in the United Kingdom. For electoral purposes it forms part of Paston and South Werrington wards. Geographically, Gunthorpe lies to the south of Werrington and north of Paston, with Fulbridge Road to the west; Car Dyke, the Roman ditch, straddles Gunthorpe's east side.
Building began in the 1950s and continued until the early 1990s. The local school being Gunthorpe County Primary. The more affluent North Gunthorpe, politically part of South Werrington, consists largely of private detached housing, the local school being Norwood County Primary. Following the closure of nearby Walton Comprehensive School in July 2007, secondary pupils from Gunthorpe attend The Voyager Academy which opened in September 2007.
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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