Property photos
Shared ownership
Leasehold
£105,000
2 bed end terrace house for sale
Knight's Orchard, Cambridge CB222 beds
1 bath
Key Information
Tenure:
Leasehold (112 years)
Service charge:
£62 per month
Council tax band:
C
Ground rent:
£0
Ground rent date of next review:
Local area information
Property location
Nearby amenities
- Whittlesford Parkway 0.2 miles
- Duxford Church of England Community Primary School 0.6 miles
- William Westley Church of England VC Primary School 0.8 miles
- Great Chesterford 3.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Private garden
- Off street parking
- Central heating
- Double glazing
This two bedroom end of terrace house, is an ideal opportunity to get on to the property ladder with Hastoe. It is being sold under the shared ownership scheme whereby you purchase a share in the property and pay a reduced rent on the remaining Hastoe equity.
EPC= C71
Term remaining on lease: 112 years
Property features:
Parking space
Private garden
Fitted kitchen
Downstairs WC
Electric heat pump
Double glazing
Over-bath shower
Kitchen: 3.74m x 2.25m
Living room: 4.50m x 4.20m
Bathroom: 2.10m x 2.00m
Bedroom 1: 4.20m x 3.60m
Bedroom 2: 4.20m x 3.60m
Garden: 11m x 5m
Purchase Requirements:
Be a first time buyer or not currently own a property.
Demonstrate you meet the minimum income requirements.
Demonstrate a deposit sufficient to obtain a mortgage for the property.
Have a local connection to the area.
Costs:
Full Market Price: £350,000
Minimum Share: 30%
Share Value: £105,000
Monthly Rent: £489.65
Service Charge pcm (including buildings insurance): £62.12
Total Monthly Charge: £551.77
Next rental increase: April 2024
Apply online via the Hastoe sales website
What is shared ownership?
Shared ownership is a scheme designed to help those who wouldn’t otherwise be able to purchase a home of their own. This may be because you can’t meet the full mortgage repayments, save a sufficient deposit, or both. With shared ownership, you buy a percentage of your home and pay a reduced rent on the share you don’t own
This property has restricted staircasing to ensure the property remains affordable for future generations of local people.
How does shared ownership work?
You will buy a percentage share of a home, independently priced at market value. Hastoe will charge you rent on the share you don’t own plus a service charge. This service charge covers things like buildings insurance and estate maintenance.
About Hastoe:
Hastoe owns and manages over 7,500 homes in 70 local authority areas. Our properties are predominantly rural and we specialise in providing sustainable and affordable rural housing to enable local people to remain within their communities.
EPC= C71
Term remaining on lease: 112 years
Property features:
Parking space
Private garden
Fitted kitchen
Downstairs WC
Electric heat pump
Double glazing
Over-bath shower
Kitchen: 3.74m x 2.25m
Living room: 4.50m x 4.20m
Bathroom: 2.10m x 2.00m
Bedroom 1: 4.20m x 3.60m
Bedroom 2: 4.20m x 3.60m
Garden: 11m x 5m
Purchase Requirements:
Be a first time buyer or not currently own a property.
Demonstrate you meet the minimum income requirements.
Demonstrate a deposit sufficient to obtain a mortgage for the property.
Have a local connection to the area.
Costs:
Full Market Price: £350,000
Minimum Share: 30%
Share Value: £105,000
Monthly Rent: £489.65
Service Charge pcm (including buildings insurance): £62.12
Total Monthly Charge: £551.77
Next rental increase: April 2024
Apply online via the Hastoe sales website
What is shared ownership?
Shared ownership is a scheme designed to help those who wouldn’t otherwise be able to purchase a home of their own. This may be because you can’t meet the full mortgage repayments, save a sufficient deposit, or both. With shared ownership, you buy a percentage of your home and pay a reduced rent on the share you don’t own
This property has restricted staircasing to ensure the property remains affordable for future generations of local people.
How does shared ownership work?
You will buy a percentage share of a home, independently priced at market value. Hastoe will charge you rent on the share you don’t own plus a service charge. This service charge covers things like buildings insurance and estate maintenance.
About Hastoe:
Hastoe owns and manages over 7,500 homes in 70 local authority areas. Our properties are predominantly rural and we specialise in providing sustainable and affordable rural housing to enable local people to remain within their communities.
There are some planning applications within 0.5 miles of this home
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Listed by
Hastoe Housing - Resale Properties
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Property descriptions and related information displayed on this page are marketing materials provided by - Hastoe Housing - Resale Properties. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hastoe Housing - Resale Properties for full details and further information.