£49,500
4 bed semi-detached house for sale
Cambourne CB234 beds
2 baths
Added on
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 (990 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
10%
About this property
Driveway
Private outdoor space
Intergrated appliances
Fully fitted kitchens
En-suite to bedroom one
Plot 1927 - 120m2
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A four bedroom home featuring a spacious living room, separate dining room, fitted kitchen and an en suite to the main bedroom.
Available for £49,500 for 10% share based on the marketing figure of £495,000.
Minimum deposit - £4,000
Estimated monthly mortgage cost - £229
Monthly rent - £850.78
Monthly Service charge - £93.08
Estimated Monthly cost - £1,174
On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.
An annual rent increase takes place every April
Other information
How we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by so Resi and mtvh
You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
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.
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