£144,000
3 bed semi-detached house for sale
Mays Avenue, Balsham CB21New home
Shared ownership
Leasehold
3 beds
1 bath
EPC Rating: C
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an "affordable rent" on the share you don't own.
Key information
Tenure
Leasehold (92 years)
Service charge
£43 per month
Council tax band
C
Ground rent
Ground rent date of next review
Shared ownership percentage owned
40%
Shared ownership rent
£495 per month
Domovo
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About this property
25-75% Share available
3 bedrooms
Allocated parking
Excellent location
12 miles to Cambridge City Centre
Great local amenities
Gas central heating
This 3 bedroom semi-detached is situated in Balsham, Cambridge, and is available to purchase through the shared ownership scheme.
Full market value: £360,000
Monthly service charge: £43.37
Monthly rent: £495 based on 40% share
About the property
This property is comprised of:
An entrance hall
Reception room
Kitchen
WC
Bedroom 1
Bedroom 2
Bedroom 3
Bathroom
All main services are connected and there is a gas-fired radiator central heating.
About the area
Balsham is a rural village and civil parish in the county of Cambridgeshire, England, which has much expanded since the 1960s and is now one of several dormitory settlements of Cambridge. The village is south east of the centre of Cambridge beyond the A11 road and also within comfortable driving distance of Newmarket and Haverhill where many residents work and shop.
The village has many excellent amenities to offer, including a 4 star hotel, a local pub, a park and garden Pavilion, 'The Old Butchers' coffee shop. Within the community, there is a regular Friday Afternoon walking group who cover 3 to 5 miles. There are also allotments available for free to those living in the Parish.
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. Initial shares of between 25% and 75%** of our properties are available, you will pay a subsidised rent on the remaining share.
*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase. Please note: Your home may be repossessed if you do not keep up repayments on your mortgage. Rent/Service Charge are an estimate.
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.
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