Terraced House for sale on

Guilsborough Road

Peterborough, PE6

Belvoir are delighted to bring to the market this fantastic opportunity to purchase a  TWO BEDROOM mid terrace house located in the popular village location of Eye.

Available on the popular shared ownership scheme this property boasts, 2 bedrooms, a enclosed rear garden and driveway parking for two cars, whilst also being within close proximity to a beautiful nature reserve. 

Advertised price shown is a 45% share value 

EPC rating: B. Council tax band: B, Service charge description: 45% share are £267.71 which, includes:
rent (£233.18)
building insurance (£9.38)
management fee (£25.15)
Payment must be made by direct debit. Our charges are reviewed annually in April. ,

About the area

A few miles north of the cathedral city of Peterborough lies the desirable village of Eye Green. This quiet, rural spot brings its residents the best of modern convenience and countryside living, set in close proximity to an abundance of local amenities as well as a beautiful nature reserve.

In catchment for good schools and nurseries, and within easy reach of a refreshing mix of eateries and shops, Eye Green is the perfect location for families and professionals.

Living area

This property comprises of a direct entrance to the living room where you are greeted by, stairs to second floor, and door leading to;

Internal hall

Comprising of built in store cupboard and access to WC which is fitted with a two piece suite comprising of wash hand basin and WC.

Kitchen

The kitchen is fitted with a matching range of base and eye level units with worktop space over. Window to rear, along with door leading to enclosed rear garden.

FIRST FLOOR

Bedroom One

Bedroom with window to the rear overlooking the garden space with space for free standing cupboards and bed.

Bedroom Two

The second bedroom benefits from space for a bed, space for freestanding furniture and window to the front of the property.

Family Bathroom

This property benefits from an enclosed rear garden which is mainly laid with lawn but also provides patio area for outdoor seating.

To the front of the property you have a small well maintained garden area and parking for 2 vehicles.

Shared Ownership

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 £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.

Share Breakdown

Price advertised is based on a 45% share.
Full property value = £185,000

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

Belvoir have been informed the rental charges for this property based on a 45% share purchase, total to £267.71. This figure includes rent (£233.18) building insurance (£9.38) and management fee (£25.15)buildings insurance (£9.38),and management charges and is reviewed every April. Payment must be made by direct debit.

This payment will need to be paid in addition to monthly mortgage payments where applicable.

Belvoir and Longhurst 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.