Semi-detached house for sale on

Holly Blue Gardens

Whittlesey, PE7

Tenure: Leasehold

This modern 2-bedroom home at Holly Blue Gardens offers an affordable 45% share in a desirable location. The ground floor features a spacious open-plan living and dining area, along with a contemporary kitchen. Upstairs, there are two well-sized bedrooms and a modern bathroom.

Outside, enjoy a private rear garden and allocated parking. Located in the peaceful town of Whittlesey, this property is close to local amenities, schools, and transport links.A fantastic opportunity for first-time buyers. Contact us today for more details or to arrange a viewing!

Advertised price shown is a 45% share value - Full property value is £205,000. 

EPC rating: B. Council tax band: B, Tenure: Leasehold,

Whittlesey

This property is set on a development placed in the English town of Whittlesey just outside the busy city of Peterborough.
Whittlesey hosts plenty of beautiful historical architecture which includes the local market square and St Mary's Church whilst in harmony with many of today's modern lifestyle desirable amenities.

Within catchment of this property there are three primary schools and a secondary school in the town. Nature reserve, doctor surgery, B&B and a junior football club are only a few on the amenities on offer in whittlesey. There are also plenty of shops in the local town and a social club for catching up with locals. Whittlesey has excellent public transport services that will take you to surrounding areas including Ipswich and Peterborough VIA train. Nearby, Peterborough city centre also has plenty of amenities including a variety of supermarkets, golf course, shopping centre, cinema and hospital.

Living area

This property comprises of a direct entrance to the generously sized living room where you are greeted by, stairs to second floor, Window to the front aspect, understairs storage cupboard and door leading to;

Kitchen / Dining room

Fitted with a matching modern range of base and eye level units the kitchen area boasts hob, oven, sink with tap over and window to the rear aspect overlooking the garden. The open plan of this space gives way to the generously sized space for dining and benefits from secure door which provides access to the enclosed rear garden.

W/C

The downstairs W/C comprises of 2 piece suite including toilet and hand wash basin.

Stairs to First Floor

Carpeted landing leading to:

Bedroom 1

Bedroom 1 boasts space for a double sized bed, space for freestanding furniture and window to the rear of the property.

Bedroom 2

The second bedroom benefits from space for a double bed, built in wardrobe and window to the front aspect.

Family Bathroom

The family bathroom comprises of three piece suite including, bath, hand wash basin and toilet with frosted window.

Outside the property

To the rear of the property there is a enclosed garden with access gate fitted leading to driveway.

Shared Ownership

On the popular shared ownership scheme you are able to purchase a share of the house and then pay the housing Association (Amplius) 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 £250 is required securing the property to the accepted applicant for a period of 8 weeks.

Within this timeframe all accepted applicants are required to be in a position to, and where possible, exchange on the property.

Agents note - Pets

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.

Lease details

Price advertised is based on a 45% share.
Full property value = £205,000

Belvoir have been informed there is a 990 year lease on this property starting on completion

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 £92,250.00 and the rent will be £258.39 a month.

If you buy a larger share, you'll pay less rent. The table below shows further examples.

Shared Ownership

If you buy a larger share, you'll pay less rent. The table below shows further examples.

Share Share Purchase Price Monthly rent
10% £20,500.00 £422.81
25% £51,250.00 £352.34
30% £61,500.00 £328.85
40% £82,000.00 £281.88
50% £102,500.00 £234.90
60% £123,000.00 £187.92
70% £143,500.00 £140.94
75% £153,750.00 £117.45

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.

Shared Ownership

Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord.

In addition to the rent above, the monthly payment to the landlord includes:

Service charge £13.29
Estate charge £0.00
Buildings insurance £9.66
Management fee £25.95
Reserve fund payment £0.91

Total monthly payment excluding rent £49.81

Disclaimer

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.