3 bed semi-detached house for sale

Monarch Avenue, Peterborough, Cambridgeshire PE2

This home has been created by Home Group, a registered housing provider in the UK. So Resi is acting on behalf of Home Group to bring this property to the market.

This bright, well-decorated three-bedroom semi-detached house is now available in Peterborough, through Shared Ownership.

The property comprises an entrance, a spacious living room, a separate modern fitted kitchen, dining space, a utility space, and a toilet. On the first floor, there are three good-sized bedrooms and a bathroom.

Outside is an off-road drive for two cars, a rear garden, a patio area, and a shed. Perfect for families.

Available for £105,750 for 45% share based on the marketing figure of £235,000.

Monthly rent - £305.13
Monthly Service Charge - £72.00
Total Monthly Charge - £377.13 plus mortgage required for 45% share.

An annual rent increase takes place every April

Location

Living in Peterborough is a pleasant experience for many families. The neighbourhood is quiet and friendly, making it an excellent place for children to play outside. There are lovely parks nearby where kids can enjoy swings and slides, and adults can take relaxing walks.

The houses here are cosy and well-kept, giving the street a neat look. Many shops and local services are just a short drive away, so getting groceries or grabbing a bite to eat is easy. Public transport is also available, making travelling to other parts of Peterborough convenient.

EPC rating

Energy Rating Band - B

Environmental Impact Rating - B

Other information

This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.

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.