Home Reach, Part Buy - Part Rent Selection of 1 and 2 Bedroom Apartments Open Plan Kitchen, Dining And Sitting Room. En-suite To The Main Bedroom. Local Amenities Allocated Parking
Home Reach, Part Buy - Part Rent!
This property is available to buy for as little as£131,350 with a 50% share.
*Fantastic Incentive - Up to £2,500 gifted deposit available on new reservations received before 31st July 2019.
The impressive new development boasts some of the first homes in the exciting new town of Northstowe, approx eight miles from Cambridge and within easy reach of the Cambridgeshire Guided Busway. With shops, local services, health, education and leisure facilities, Northstowe will be a complete community with a network of cycling and walking routes, plus a new link road connecting the town centre to the A14.
Full Market Value: £262,700
40% Share: £105,080 (Rent p/month £361.21)
50% Share: £131,350 (Rent p/month £301.01)
75% Share: £197,025 (Rent p/month £150.51)
Minimum 5% Deposit: £6,568 (50% Share)
Service Charges p/annum: £810.00 + Estate Charges (£178.00)
*Please note that 75% is the maximum share you can purchase at the outset.
With Home Reach, part buy – part rent you buy a share of your chosen newly built home and pay a monthly rent on the part you don’t buy. Your budget will decide the size of the share you buy rather than the size of your home. A scheme for both first time buyers and those who used to own a property, but no longer do so.
You are eligible to use Home Reach if:
• Your household income does not exceed £80,000
• You have a deposit (at least 5% of the share value)
• The property will be your principle home
Please speak to a member of the team for more information on Home Reach.
**These photos are for information purposes only and may not represent a true likeness for the units being sold.