This 2 bedroom apartment is situated in Yaxley, Peterborough, and is available to purchase through the Shared Ownership scheme.
Full Market Value: £180,000
Share Available: 50%
Monthly Rent: £176.77
Monthly Service Charge: £16.55
Remaining Lease Term: 122 years
About the Property
As you enter through the front door, you will be at the bottom of the stairs with a small entrance area. Upstairs you will be on the first floor, in the hallway with access to all rooms. The master bedroom is the first room on the left, benefitting from good natural light from the window. Neighbouring the master bedroom is the second bedroom, currently used as an office room. At the end of the hallway is the bathroom, featuring a bath with shower facilities.
To the left of the hallways end is the living room/kitchen. With a lovely L-shaped design, the living room is nicely separated from the kitchen, and the corner of the shape is the perfect space for a dining table. The kitchen has plenty of cupboard space, shelves, an oven and washing machine, and a ceiling fitted extractor fan.
The property has been beautifully maintained throughout, and features carpet through the hallway and master bedroom, and flooring through the second bedroom, bathroom, and living room/kitchen.
Externally there is a garage. All main services to the property are connected.
About the Area
Yaxley is a village and civil parish in Cambridgeshire, England. Yaxley lies approximately 4 miles (6 km) south of Peterborough, just off the A15 road.
Yaxley is situated within Huntingdonshire which is a non-metropolitan district of Cambridgeshire as well as being a historic county of England. The village is located near the Hampton township, and is approximately three miles north-east of junction 16 of the A1(M) at Norman Cross.
Yaxley benefits from a good selection of local amenities, including; nurseries, schools, restaurants and cafes, a Cop-operative, a healthcare centre, a dentist, and outdoor spaces including a skatepark, football club, and recreation ground with play park.
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 50% 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.