2 bed Flat For Sale £42,000
This two bedroom first floor apartment situated in Peterborough, Cambridgeshire and is available to purchase through the Shared Ownership scheme.
Full Market Value: £140,000
Share Available: 30%
Monthly Rent: £259.26
Monthly Service Charge: £74.41
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
First Floor: Hall, lounge/kitchen, master bedroom with en suite, bedroom 2, bathroom/W.C
Outside: Communal parking, communal gardens
Local Information
Hampton is a developing Township, just south of Peterborough. The first two neighbourhoods to be complete are Hampton Hargate, which is home to a community of around 1,700 homes, and Hampton Vale, with approximately 1,900 homes. Each neighbourhood is based around its own local centre with community facilities, shops and primary school. Work is continuing on building a third neighbourhood at Hempsted, while planning is now underway on a fourth neighbourhood, the Hamptons, which, like other parts of Hampton, will have its own distinct character.
Adjoining these is Hampton's central and commercial area where the Serpentine Green shopping centre, Hampton College secondary and primary schools, and two business parks - Cygnet Park and Kingston Park, are located.
Eventually Hampton will have up to 8,500 new homes spread over its four local areas, with additional schools, local centres and leisure facilities, as well as commercial and retail areas providing more than 12,000 jobs. Construction started in 1996 and is scheduled to continue until at least 2023.
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 30% 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.
Full Market Value: £140,000
Share Available: 30%
Monthly Rent: £259.26
Monthly Service Charge: £74.41
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
First Floor: Hall, lounge/kitchen, master bedroom with en suite, bedroom 2, bathroom/W.C
Outside: Communal parking, communal gardens
Local Information
Hampton is a developing Township, just south of Peterborough. The first two neighbourhoods to be complete are Hampton Hargate, which is home to a community of around 1,700 homes, and Hampton Vale, with approximately 1,900 homes. Each neighbourhood is based around its own local centre with community facilities, shops and primary school. Work is continuing on building a third neighbourhood at Hempsted, while planning is now underway on a fourth neighbourhood, the Hamptons, which, like other parts of Hampton, will have its own distinct character.
Adjoining these is Hampton's central and commercial area where the Serpentine Green shopping centre, Hampton College secondary and primary schools, and two business parks - Cygnet Park and Kingston Park, are located.
Eventually Hampton will have up to 8,500 new homes spread over its four local areas, with additional schools, local centres and leisure facilities, as well as commercial and retail areas providing more than 12,000 jobs. Construction started in 1996 and is scheduled to continue until at least 2023.
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 30% 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.
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