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Tenure: Leasehold
***CARPETS FITTED THROUGHOUT PLUS £2000 allowance on completion *** Belvoir are excited to bring to the market this terrific opportunity to purchase a brand new THREE BEDROOM detached house located in the popular village of Thorney. RESERVE WITH JUST A £99 RESERVATION FEE
EPC rating: A. Council tax band: B, Tenure: Leasehold,
Thorney is a historic and peaceful village, yet Peterborough is less than eight miles away so you get the best of both worlds.
There is a strong sense of community in Thorney, with a selection of independent shops, cafe’s and restaurants. A post office, community centre and charming country pubs round out this bustling village.
For families, there is a good selection of nurseries and primary schools nearby, while Arthur Mellows College for secondary school students is rated outstanding. There are more schools to choose from in Peterborough, which is a short car or bus ride away.
The Biscop is a three bedroom detached property comprising of;
Ground floor
Entrance hall, cloakroom, kitchen/dining room, utility with access to enclosed rear garden, Lounge
First Floor
Three bedrooms, master bedroom with ensuite, family bathroom comprising of bath with shower over, WC and wash hand basin
Outside
Enclosed rear garden, with driveway parking for 2 vehicles
Kitchen/Dining Room 3.36m x 5.56m max
Lounge 3.27m x 5.56m
Bedroom 1 3.86m x 3.40m max
Bedroom 2 3.00m x 2.81m max
Bedroom 3 2.64m x 2.35m max
On the popular shared ownership scheme you are able to purchase a share of the house and then pay the housing Association (Longhurst Group) 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.
To qualify for Shared Ownership, you must meet the following criteria:
- Your annual gross household income is less than £80,000
- Unable to purchase a suitable property for your housing needs on the open market.
If your application is successful a reservation fee of £99 is required securing the property to the accepted applicant for a period of 8 weeks.
Please find examples of share amounts available provided:
25% - purchase price £78,750 - rental amount payable £593.86
30% - purchase price £94,500 - rental amount payable £557.76
35% - purchase price £110,250 - rental amount payable £521.67
40% - purchase price £126,000 - rental amount payable £485.48
45% - purchase price £141,750 - rental amount payable £449.48
60%- purchase price £189,000 - rental amount payable £341.20
75% - purchase price £236,250 - rental amount payable £232.92
***Full property value is - £315,000 ***
Total prices include rent, buildings insurance, third party management charge and management charge. This payment will need to be paid in addition to monthly mortgage payments where applicable. Charges are reviewed annually every April.
This property features pre selected flooring in wet areas, including the kitchen and bathrooms, along with carpeting in the lounge, upper landing, and bedrooms, all of which are included in the sale.
These photos are CGI images for illustration purposes
Incentives included
• £2000 allowance on completion
• £99 reservation fee (Lowered from £250 for Shared Ownership)
The £2000 amount is an allowance on the completion of sale. Please note the allowance will not be provided if the sale does not complete. The £99 reservation fee is a non-refundable amount.
There is a fee payable to the housing association for consent to keep a pet in your home - this is charged at £25+VAT.
Please speak the office for further guidance on this.
This property is a new build and is currently incomplete meaning the council Tax Banding has not yet been allocated.
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.