3 bedroom Semi-detached house For Sale

Holly Blue Gardens, Peterborough, PE7

Shared Ownership £130,000 | For Sale

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3 Bedrooms

2 Bathrooms

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Peterborough

01733 511099

1022 Lincoln Road,

Peterborough,

PE4 6AS,

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Standout Features

SEMI DETACHED HOUSE

DRIVEWAY PARKING

ENCLOSED GARDEN

NEARLY NEW DEVELOPMENT

SHARED OWNERSHIP

PRICE ADVERTISED AT 50%

FULL HOUSE VALUE £260000

Property Description

This semi-detached house in Whittlsey offers lounge, kitchen dining room, three bedrooms, two bathrooms, gas central heating, a driveway, and an enclosed garden. Situated in a nearly new development. Freehold tenure.

EPC rating: B. Council tax band: B, Tenure: Freehold,

Additional Information

EPC Rating:

Tenure:

Freehold

Council Tax Band:

Rooms

Lounge

Entrance inot the lounge has fitted carpet and dual aspect windows, stairs to first floor and door leading to;

Kitchen Dining Room

Fitted kitchen with matching range of base and eye level units with worktop space over, space for fridge freezer and plumbing for washing machine. Vinyl flooring. UPVC window to rear, UPVC door leading to rear garden.

Cloakroom

Fitted with a two piece suite comprising of wash hand basin and WC. Vinyl flooring

Stairs to first floor

Master Bedroom

Doubkle bedroom with fitted carpet, window to rear and door leading to;

En-suite

Fitted with a shower cubicle, wash hand basin and WC. Vinyl Flooring

Bedroom Two

Double bedroom with fitted carpet, window to front

Bedroom Three

Single Bedroom with fitted carpet and window to rear

Family Bathroom

Fitted with a three piece suite comprising of wash hand basin, WC and bath with shower over. Vinly flooring and frosted window to front

Rear Garden

Enclosed rear garden with patio area and lawn.

Share Purchase Price and Rent Values

The share purchase price is calculated using the full market value and the percentage share purchased.

If you buy a 50% share, the share purchase price will be £130,000 and the rent will be £297.92 a month.

If you buy a larger share, you'll pay less rent. The table below shows further examples.

Share Share Purchase Price Monthly rent
10% £26,000 £536.25
25% £65,000 £446.88
30% £78,000 £417.08
40% £104,000 £357.50
50% £130,000 £297.92
60% £156,000 £238.33
70% £182,000 £178.75
75% £195,000 £148.96

Monthly Payment to the Landlord

In addition to the rent above, the monthly payment to the landlord includes:

Service charge £13.29
Sinking Fund £0.91
Buildings insurance £9.66
Management fee £25.95

Total monthly payment excluding rent £49.81

Eligibility

You can apply to buy the home if both of the following apply:

• your household income is £80,000 or less
• you cannot afford all the deposit and mortgage payments to buy a home that meets your needs

One of the following must also be true:

• you're a first-time buyer
• you used to own a home but cannot afford to buy one now
• you're forming a new household - for example, after a relationship breakdown
• you're an existing shared owner, and you want to move
• you own a home and want to move but cannot afford to buy a new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

Lease Term

990 years

Belvoir Disclaimer

Every care has been taken with the preparation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. All measurements quoted are approximate. These Particulars do not constitute a contract or part of a contract

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Holly Blue Gardens, Peterborough, PE7

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3 bedroom Semi-detached house For Sale

Peterborough

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