This two bedroom end-terraced house is situated in Cotton End, Bedfordshire and is available to purchase through the Shared Ownership scheme.
Full Market Value: £240,000
Share Available: 40%
Monthly Rent: £358.81
Monthly Service Charge: £26.04
All applicants will need to be registered and approved by Help to Buy - this can be done on their website 'Help to Buy Agent 3'.
About the Property
Ground Floor: Kitchen, Reception Room, WC
First Floor: Two Bedrooms and Bathroom
Outside: Rear Garden, Two Allocated Parking Spaces
Local Information
Cotton End is a small village and civil parish on the outskirts of Bedford. It became its own parish as of 1 April 2019, having previously been part of the parish of Eastcotts. Ordnance Survey maps from the 1880s show its name as 'Cardington Cotton End'.
There is a primary school, a Baptist church, a village hall and a pub.
The Baptist chapel was founded here in 1777. In 1912, Cotton End was described as a scattered hamlet with a school and a farm. It lies further down the A600 road from Shortstown.
A new woodland created by the Forest of Marston Vale in 2005 called Shocott Spring.
Shared Ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. This property has a 40% share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above.
In the future you can purchase further shares in your home** or sell your share and move on.
*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.
All applicants will need to be approved by Help to Buy at their website.