1 bed Flat For Sale £40,000
This 1 bedroom first floor apartment is situated in Peterborough, Cambridgeshire and is available to purchase through the Shared Ownership scheme.
Full Market Value: £110,000
Share Available: 40%
Monthly Rent: £236.92
Monthly Service Charge: £72.66
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: Hallway, open plan kitchen/lounge/diner, bathroom, bedroom.
Outside: Communal garden, allocated parking space.
Local Information
Peterborough is a cathedral city in Cambridgeshire, England, with a population of 183,631 in 2011. Historically part of Northamptonshire, it is 75 miles (121km) north of London, on the River Nene which flows into the North Sea 30 miles (48km) to the north-east. The railway station is an important stop on the East Coast Main Line between London and Edinburgh. The city is also 70 miles (110 km) east of Birmingham, 38 miles (61 km) east of Leicester, 81 miles (130km) south of Kingston upon Hull and 65 miles (105 km) west of Norwich.
TheA1/A1(M) (primary route part of European route E15) broadly follows the path of the historic Great North Road from St Paul's Cathedral in the heart of London, through Peterborough (Junction 17), continuing north a further 335 miles (539km) to central Edinburgh.
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.
Full Market Value: £110,000
Share Available: 40%
Monthly Rent: £236.92
Monthly Service Charge: £72.66
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: Hallway, open plan kitchen/lounge/diner, bathroom, bedroom.
Outside: Communal garden, allocated parking space.
Local Information
Peterborough is a cathedral city in Cambridgeshire, England, with a population of 183,631 in 2011. Historically part of Northamptonshire, it is 75 miles (121km) north of London, on the River Nene which flows into the North Sea 30 miles (48km) to the north-east. The railway station is an important stop on the East Coast Main Line between London and Edinburgh. The city is also 70 miles (110 km) east of Birmingham, 38 miles (61 km) east of Leicester, 81 miles (130km) south of Kingston upon Hull and 65 miles (105 km) west of Norwich.
TheA1/A1(M) (primary route part of European route E15) broadly follows the path of the historic Great North Road from St Paul's Cathedral in the heart of London, through Peterborough (Junction 17), continuing north a further 335 miles (539km) to central Edinburgh.
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.
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