1/15
£90,300
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 Standground, Peterborough is available to purchase through the Shared Ownership scheme.
Full Market Value: £210,000
Share Available: £90,300
Monthly Rent: £296.17
Monthly Service Charge: £13.08
Remaining Lease Term: 112
About the Property
An entrance hall
Kitchen/ dining room
Reception room
WC
Bedroom 1
Bedroom 2
Bathroom
About the Area
Peterborough is a cathedral city in Cambridgeshire, England, with a population of 183,631 in 2011. Historically part of Northamptonshire, it is 75 miles north of London, on the River Nene which flows into the North Sea 30 miles to the north-east. Rich in local amenities, there are open green spaces and fitness facilities, restaurants and take-outs, a shopping centre, arts and entertainment locations including a theatre and a museum, and more.
The railway station is an important stop on the East Coast Main Line between London and Edinburgh. The A1/A1(M) primary route (part of European route E15) broadly follows the path of the historic Great North Road from St Paul's Cathedral in the heart of London, through Peterborough (Junction 17), continuing north a further 335 miles (539 km) to central Edinburgh.
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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