3 bed detached house for sale

Waterhouse Way, Hampton Woods, Peterborough PE7

Hampton Woods is a modern development situated within the popular Hampton area of Peterborough, offering contemporary homes in a well-established and family-friendly community. Located less than three miles south of the city centre, the development combines excellent everyday amenities with attractive green spaces, including Beeby’s North Lake immediately nearby and Hampton Community Park just 0.2 miles away.

Residents are particularly well served for shopping and leisure, with Aldi approximately 0.1 miles away and Serpentine Green Shopping Centre and Tesco Extra around half a mile from the development. Families also benefit from a good selection of nearby schools, including Hampton Lakes Primary School, Hampton College Primary, Hampton Gardens School and Hampton College, while Crown Lakes Country Park and Hampton Leisure Centre provide further opportunities for recreation.

Hampton Woods is also well placed for commuters. Fletton Parkway is approximately 1.1 miles away, with the A1 around 1.8 miles from the development, providing convenient road connections throughout the region. Peterborough railway station is approximately four miles away, offering mainline rail connections towards London and destinations across the UK.

The Sherwood is a well-designed three-bedroom detached home offering a practical layout ideal for modern living. The ground floor features a generous front-aspect living room, while to the rear is an impressive open-plan kitchen and dining room with French doors opening directly onto the garden. A separate utility room and downstairs WC add further practicality to the ground floor.

Upstairs, the principal bedroom benefits from its own en suite shower room, accompanied by two further bedrooms and the family bathroom. Two useful storage cupboards provide additional space, making The Sherwood particularly well suited to couples and growing families.
Pricing & affordability


Full Market Value: £335,000

50% Share Price: £167,500 (rent £383.85pcm)
60% Share Price: £201,000 (rent £307.08pcm)
75% Share Price: £251,250 (rent £191.93pcm)

Minimum 5% Mortgage Deposit (50% share): £8,375
Approximate Service Charges: £76.03 pcm*
Shared Ownership Lease: 990 years
Council Tax Band: Tbc
Eligibility


Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Hampton Woods advertised shared start at 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.