Tenure: Leasehold
** HOME OF THE MONTH ** Plot 47 is available with shares from 25% and can be secured with just a £99 reservation fee before 31st August 2024. You will also receive a £1000 incentive towards the purchase. Please contact us for further information on this.
EPC rating: Unknown. Council tax band: X, Tenure: Leasehold,
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 'Cadwell' house type - Available plots : 47/ 55
The 'Cadwell' house type is a one bedroom cluster house comprising of;
Ground floor -
Welcoming you into this property you are greeted by direct access to the main living space including kitchen and access to the downstairs W/C. This property further benefits from under stair store cupboard.
First floor -
The first floor of the property boasts the main bedroom with bathroom and additional built in store cupboard.
Outside -
To the outside of the property there is a a driveway suitable for parking for two vehicles.
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.
Please see examples of share amounts available provided:
*** 25% share - purchase price £40,000 – rental amount payable £319.57
*** 30% share – purchase price £48,000 – rental amount payable £301.24
*** 35% share - purchase price £56,000 - rental amount payable £282.90
*** 40% share - purchase price £64,000 - rental amount payable £264.57
***45% share - purchase price £72,000 - rental amount payable £246.24
*** 50% share – purchase price £80,000– rental amount payable £227.90
*** 55% share – purchase price £88,000 – rental amount payable £209.57
*** 60% share – purchase price £96,000 – rental amount payable £191.24
*** 65% Share – purchase price £104,000 – rental amount payable £172.90
*** 70% share – purchase price £112,000– rental amount payable £154.57
*** 75% share – purchase price £120,000 – rental amount payable £136.24
***Full property value is - £160,000
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.
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.
Marketing photos and video tour have been used for guidance purposes only and may not represent a true likeness of the units being sold. Please speak to the sales team for more information on the specification and layout of specific plots.
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.
Please note a local connection form is required to be submitted to apply for this property.
Please note this property is classed as a Quarter house layout - Please contact our 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.
This property is a new build and is currently under construction meaning no EPC rating can be given at this current time.
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.