Detached house for sale on

Jermiah DIves Drive

Mays Place, Bourne, PE10

Tenure: Leasehold

Available on the popular shared ownership scheme Mays place boasts a selection of 1, 2, 3 and 4 bedroom properties as well as a selection of 3 and 4 bedroom properties available on the rent to buy scheme.

Applications now being taken for this beautiful 4 bedroom property on the shared ownership scheme.

Advertised price is based on a 45% share

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

Mays Place - Bourne

Belvoir are delighted to bring to the market ‘Mays Place’ situated in the thriving market town of Bourne. This fantastic new development is home to a selection of 1,2,3 and 4 bedroom new build properties built by the renowned developer ‘Allison homes’.

The development lies only a short walk away from Bourne town centre providing easy access to amenities such as shops, local pubs and eateries.
Bourne has excellent public transport services including buses that transport you to surrounding villages.

Also running through the heart of Bourne is the A15. This makes the cities of Peterborough and Lincoln a easy and direct drive away. Nearby, Peterborough city centre plays hosts a number of amenities including a variety of supermarkets, golf course, shopping centre, cinema and hospital.

The 'Silverstone' House Type

The 'Silverstone' house type - Available Plots: 2

This property is a four bedroom Detached house comprising of;

Ground floor -
Welcoming you into this property you are greeted by spacious hallway leading to Living room, Kitchen/Dining room with double doors to the Garden, W/C, storage cupboard and stairs to the first floor. Adjacent to the Kitchen/Dining room this property further benefits from Utility room with door to the side of the property.

First floor -
The first floor of the property boasts 4 bedrooms with en-suite and built in store cupboard to the master bedroom and Family bathroom.

Outside -
To the rear of the property there is a fully enclosed rear garden.
The property further benefits from a driveway suitable for parking plus Garage which can be used for additional secure parking or storage.

About 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.

Share Breakdown

Please find examples of share amounts available provided:

*** 25% - purchase price £94,375 - rental amount payable £693.40
*** 30% - purchase price £113,250 - rental amount payable £650.14
*** 35% - purchase price £132,125 - rental amount payable £606.89
*** 40% -purchase price £151,000 - rental amount payable £563.63
*** 45% - purchase price £169,875 - rental amount payable £520.38
*** 50% - purchase price £188,750 - rental amount payable £477.12
*** 55% - purchase price £207,625 - rental amount payable £433.87
*** 60% - purchase price £226,500 - rental amount payable £390.61
*** 65%- purchase price £245,375 - rental amount payable £347.36
*** 75% - purchase price £283,125 - rental amount payable £260.85

***Full property value is - £377,500

Total prices include rent, buildings insurance, service 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.

Agents note - Specification

Please Note – This property has pre chosen flooring only in wet areas such as kitchen and bathrooms (All other carpets and flooring will need to be provided by the buyer). Pre chosen kitchen and bathroom fixtures are also fitted.

Agents note - Photos and Video tour

These photographs are of the property however please note that not all items will be with 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 to the office for further guidance on this.

COUNCIL TAX

This property is a new build and is currently incomplete meaning the council Tax Banding has not yet been allocated.

Belvoir and Amplius 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.