Available  

1 Bedroom Terraced For Sale

Clay Farm Drive, Cambridge CB2

Cambridge

Sale Price: £170,000

Listed 15 days ago and may not be available Listed on 1/12/2015

 Long Road, Cambridge, CB2 8HE

Clay Farm Drive, Cambridge CB2

Property Summary:

Terraced
1 Bed(s)
1 Bath(s)
interested in this property.
 

Property description

Accomodation includes: Entrance Hall, down stairs wc, kitchen / diner, living room, three bedrooms & a bathroom. This plot has contemporary a fitted kitchen including oven, hob and cooker hood.

Outside of this property, the fully enclosed garden will be turfed upon occupation and a secure shed is provided.There is on plot parking for two cars and a cycle store.

If outright purchase isn’t an option there is still a far better alternative to renting. Shared ownership allows you to buy an initial share in one of our homes that you can afford. This means that you can get into home ownership in manageable stages. In the future you can simply sell your share for its value at the time. Alternatively you can buy further shares in your home, until you own it outright.

We offer initial shares between 25% - 75% of the current value of the property. In the future you can simply sell your share for its value at the time. Alternatively you can buy further shares in your home until you own it outright. You pay a subsidised ‘rent’ on the remaining share that you haven’t initially bought; this means that your monthly outgoings will be affordable in relation to your income.

Full open market value : £340, 000
Price Example:
50% share of a home with a full value of £340, 000 is £170, 000
Monthly rent: £389.58
Monthly Service Charge: £9.67 pcm

To register your interest, please contact the Sales and Marketing Officer for the area, Siobhan Lynch on or email
Please note to be eligible for the shared ownership scheme your household income must not exceed £60, 000, you must not be a current home owner, and you must not have any outstanding credit issues
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