3 bedroom Semi-detached house Sold STC

Holly Blue Gardens, Whittlesey, PE7

Shared Ownership £78,000 | Sold STC

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3 Bedrooms

1 Bathrooms

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Peterborough

01733 511099

1022 Lincoln Road,

Peterborough,

PE4 6AS,

Visit Branch

Standout Features

SHARED OWNERSHIP SALE

FULL HOUSE VALUE £250,000

SHARE PRICE ADVERTISED BASED ON A 30% SHARE

SEMI DETACHED HOUSE

Property Description

A fantastic opportunity to get on the property ladder with this well-presented three-bedroom semi-detached house, available on a shared ownership basis. The property features a spacious kitchen/dining room ideal for family meals and entertaining, a comfortable lounge with plenty of natural light, three generously sized bedrooms, a modern family bathroom, and a convenient downstairs cloakroom. Outside, the home benefits from driveway parking, making it perfect for first-time buyers or growing families.

EPC rating: B. Council tax band: B,

Additional Information

EPC Rating:

Council Tax Band:

Rooms

Kingfisher View

Kingfisher View, is set in the English town of Whittlesey in Peterborough. It has plenty of beautiful historical architecture which including the local market square and St Mary's Church and many of today's modern lifestyle desirable amenities. Whittlesey has three primary schools and a secondary school in the town, nature reserve, doctor surgery, B&B and a junior football club. There are also plenty of shops in the local town and a social club for catching up with loved ones. Whittlesey has excellent public transport services that will take you to surrounding areas including Ipswich and Peterborough VIA train. Whittlesey also has a variety of fun activities to do with the whole family including visiting the "Whittlesey Museum" which is full of local history. Nearby, Peterborough city centre also has plenty of amenities including a variety of supermarkets, golf course, shopping centre, cinema and hospital.

Property Overview

The house type is a three bedroom semi detached house. The property comprises lounge, kitchen dining room, cloakroom, stairs to first first floor, two double bedrooms, single bedroom, family bathroom, private enclosed garden. Driveway Parking

Shared Ownership

On the popular shared ownership scheme you are able to purchase a share of the house and then pay the housing Association (Amplius) rent on the remaining share which has not been purchased. There is then the option to purchase further shares until you own 100% in the future, this is a process called staircasing.

Share Examples

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

If you buy a 45% share, the share purchase price will be £112,500 and the rent will be £315.10 a month.

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

10% £25,000.00 £515.63
25% £62,500.00 £429.69
30% £75,000.00 £401.04
40% £100,000.00 £343.75
50% £125,000.00 £286.46
60% £150,000.00 £229.17
70% £175,000.00 £171.88
75% £187,500.00 £143.23

Additional Charges

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

Service charge £13.29
Estate charge £0.00
Buildings insurance £9.66
Management fee £25.95
Reserve fund payment £0.91

Total monthly payment excluding rent £49.81

Total monthly payment excluding rent £49.81

Reservation Fee

If your application is successful a reservation fee of £250 is required securing the property to the accepted applicant for a period of 8 weeks.

Within this time frame all accepted applicants are required to be in a position to, and where possible, exchange on the property.

Share Breakdown

Price advertised is based on a 45% share.
Full property value = £250,000

Belvoir have been informed there is a 990 year lease on this property starting on completion.

Belvoir Disclaimer

These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective purchasers. Belvoir Peterborough, its employees and its agents are not authorised to make or give any representation or warranty whatsoever in relation to this property. All information included, descriptions, images used and sales floor plans are for illustration purposes only. The developer reserves the right to omit, add or otherwise alter the property, its specification or its exact location on site at any time prior to exchange of legal contracts without notice.

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Holly Blue Gardens, Whittlesey, PE7

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3 bedroom Semi-detached house Sold STC

Peterborough

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