£80,000
2 bed semi-detached house for sale
Mallard Close, Cambridge CB24New home
Shared ownership
Leasehold
2 beds
1 bath
EPC Rating: B
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an “affordable rent” on the share you don't own. This is mainly for first-time buyers.
Key information
Tenure
Leasehold (125 years)
Service charge
£45 per month
Council tax band
Not yet known
Ground rent
Ground rent date of next review
Shared ownership percentage owned
25%
Shared ownership rent
£550 per month
Domovo
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About this property
Private garden
Find your perfect match at Northstowe
Built by Taylor Wimpey and offered for Shared Ownership sale through Domovo, Northstowe is a sustainable new development near Cambridge where modern amenities are planned in an area rich in local history. The town has a strong sense of community, shaped to promote health and wellbeing.
Make yourself at home
Each of our 2 bedroom semi-detached homes at Northstowe has been designed with modern, family life in mind, which you'll discover in every beautiful new space.
Step inside any of our open and light homes and you'll see that each space is a well-designed blank canvas for you to make your own. You'll find the considered colour scheme throughout will help you feel immediately at home. Of course, you can add your own stylish touches, or leave everything as it is. Those finer details are your decision to make.
Full Market Value: £320,000
Share Value: £80,000 (Based on a 25% share)
Monthly Rent: £550.00 (Based on a 25% share)
Monthly Service Charge: £45.44 (This is an estimate only)
Lease Term: 125 years
Initial shares available to purchase between 25-75%*.
*(Your application will be affordability assessed by an Independent Mortgage Advisor to determine what share you can afford to buy).
About the Property
A 2 bedroom semi-detached house and includes the following specification:
Kitchen
- Woodbury white gloss kitchen cupboards
- Dark Ash worktop with upstand
- Built in oven, hob & integrated cooker hood
- Vinyl flooring
Bathroom
- Thermostatic shower over bath
- Madagascar Blanco Porcelanosa wall tiles to wet areas
- Vinyl flooring
- Heated towel rail
General
- Irish Mist carpet to dry areas
- Gas central heating
- NHBC Warranty
- Private garden with turf
- Outside tap to houses
- Two car parking spaces
We reserve the right to change the specification at any time.
Please note that some of the imagery shown are CGIs - Guide only.
Shaped for the future
Become part of a vibrant new town at Northstowe, offering an impressive array of local amenities on your doorstep including a purpose-built town centre, both a primary and secondary school, acres of green open space and a water park with extensive walking and cycling routes connecting residents with nature.
Not only does Northstowe provide access to a host of great attractions, it offers a wealth of learning opportunities for those who live there. There are welcoming nurseries and pre-schools within walking distance and excellent primary education, including Pathfinder primary school.
For older children, the highly rated Northstowe secondary college provides an opportunity to build character and confidence, while Cambridge's world-class colleges and universities are within easy reach.
The perfect place to be
Getting around to and from Northstowe is simple and easy, whether you walk, cycle, run, drive or hop on a bus. Popular locations such as a supermarket, recreation ground, primary school and post office are all walking distances.
If you are able to drive there is a selection of shops, restaurants and attractions giving you choice and freedom. Northstowe benefits from a guided busway into Cambridge and is ideally located near the A14, providing convenient routes Cambridge and Huntingdon. The M11 is 5 miles away, offering easy access to London and the south east. Two major UK airports are also within easy reach. Stansted airport is only 36 miles and Luton Airport is 46 miles.
Shared Ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. Initial shares of between 25% and 75%** of our properties are available, you will pay a subsidised rent on the remaining share.
In the future, you can purchase further shares in your home*** or sell your share and move on.
*Properties are offered as leasehold, with a lease term of 125 years.
**Shares offered are based on the affordability determined by an Independent Mortgage Advisor.
***Some properties are restricted to the level of share you can purchase.
Disclaimer
The information provided by Domovo, the sales and marketing brand for bpha, is prepared as a general guide only and should not be relied upon as a basis to enter into a legal contract or to commit expenditure. All measurements are approximate. Floorplans are for illustration purposes only. Photographs/CGIs provided are for guidance only and may not reflect items included in the property sale. Any interested party is advised to check the measurements and to consult their own surveyor, solicitor and/or other professionals before committing themselves to any expenditure or other legal commitments.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.