3 bedroom Semi-detached house For Sale
Shared Ownership £108,000 | For Sale
A fantastic opportunity to get on the property ladder with this well-presented three-bedroom semi-detached house. 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,
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.
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
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 £108,000 and the rent will be £302.50 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% £24,000 £495.00
25% £60,000 £412.50
30% £72,000 £385.00
40% £96,000 £330.00
50% £120,000 £275.00
60% £144,000 £220.00
70% £168,000 £165.00
75% £180,000 £137.50
The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial assessment.
Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord.
Monthly service charge payment: £18.36
Communal Electricity Rates £0.20
Communal Grounds Maintenance £14.83
Communal Repairs £0.20
Sinking Fund Contribution £0.85
Management Charge £2.28
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.
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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