TENURE: To be advised
This property is available on the Part Buy Part Rent scheme obtaining 50% for as little as 109,000!
Perfect for first time buyers this property is located on the Northstowe development on the North side of Cambridge offering fantastic gateways into the city centre for commuters. Plot 4 is built by the reputable 'Bovis Homes', experts in new build properties in the area.
Plot 4 is a First floor apartment with a great size master bedroom with a built in wardrobe in front of you as you enter the front door. On your left you will find the bathroom which included tiled flooring, fully tiled to the bath area plus a very stylish chrome finish radiator. The chrome effect is popular across the whole apartment featuring in the taps, oven and even the bath/shower unit too!
Through to the right hand side you have got a fantastic open plan area for the Kitchen/Diner/Living room. This is separated with tiled flooring to the kitchen area - making it easy to clean when those accidental spills happen! The property benefits from a brand new oven and integrated units such as the fridge/freezer and washing machine!
Kitchen/Diner/Living - 17'6" x 15'4" (5.35 x 4.68m)
Bedroom 1 - 11'11" x 10'1" (3.65 x 3.08m)
Located just to the North of Cambridge amongst neighbouring villages Northstowe is a brand new town to the county which will be developed for a further 5 years and will be crowned the largest new settlement in the UK since Milton Keynes. This will mean you can benefit from a tranquil village/town lifestyle while being close enough to commute to the picturesque city of Cambridge.
Northstowe benefits from a Travel Plan which supports a healthy lifestyle so getting to, from and around Northstowe will be simple and easy. With this, home buyers in the area will be able to get subsidised bus taster tickets, walking/cycling vouchers! Being a new town, a brand new infrastructure will be connecting to the links of Cambridge including the cycleways, roads and even the modern guided busway.
Northstowe is ideally located by road:
A14 - 7 Minutes
Cambridge Services - 13 Minutes
Girton Golf Club - 16 Minutes
Cambridge North - 20 Minutes
Cambridge Centre - 27 Minutes
Huntingdon - 29 Minutes
Part Buy/Part Rent scheme is supported through Home Reach and the price marketed is for a 50% share. Full market price is 248,000. Share examples for this property below are:
40% Share = 99,200 (Rent/month is 341)
50% Share = 124,000 (Rent/month is 284.17)
75% Share = 186,000 (Rent/month is 142.08)
Note: 75% is the maximum share price which you can initially purchase. There is an option to staircase the purchase over the next following years.
Service charge per annum is 810 plus estate charges of 178
Home Reach is available both for first time buyers and for those who used to live in a property too.. Register to help-to-buy to see if you are eligible to part buy - part rent. You will need to complete a financial affordability assessment. This will determine the share value you are able to purchase. Once you know the share value you are able to afford, you can choose the home you wish to purchase. You will need to pay a reservation fee to secure your home and our team will help to assist to get the exchange through in 28 days.