ALL PLOTS NOW RESERVED!
Become part of this thriving new community of just 50 new homes, surrounded by open countryside and within a mile of local amenities at Cottenham with a local greengrocer, pharmacy, bakery and supermarket, as well as a primary and secondary school and a gp's surgery. If you are wanting more choice the beautiful historical city of Cambridge with a riverside setting is less than 8 miles away, offering a variety of high street stores, a bustling market selling local produce, and plenty of of places to eat and drink. Enjoy a punt along the River Cam, a bicycle ride taking in the atmosphere of the city or a stroll around the Botanical Gardens all on your doorstep!
Waterbeach railway station is a 12 minute drive away with connections to Cambridge in 6 minutes, Ely in 10 minutes and London Kings Cross in just 59 minutes, close to the A14 and A10 with the A1 (m) within 30 minutes. Stansted Airport is a comfortable 40 minutes drive away.
About your Home - 3 Bedroom – set over approx. 95.8 sqm / 1031 sq ft
Your modern new build 3 bedroom home benefits from a 10 year NHBC warranty and is fitted with a contemporary white kitchen, with integrated Zanussi appliances: electric oven, gas hob with stainless steel splash back and chimney cooker hood. There is a 1.5 bowl sink with mixer tap, a fridge freezer and washing machine. The bathroom and cloakroom have white sanitary ware by Roca with white ceramic tiles to basin splashback and full height around bath, which includes a glass shower screen. Neutral carpet is provided throughout with hard wearing vinyl flooring to the kitchen, bathroom and cloakroom.
Upstairs, along with the spacious family bathroom, your home offers generous sized bedrooms: Bed 1 approx. 2.7m x 4.7m; Bed 2 approx. 2.6m x 4.8m; Bed 3 approx. 2.2m x 3.3m. Downstairs there is cloakroom and spacious living/dining room set over approx. 4.9m x 4.8m with doors opening onto the good sized turfed and paved garden which has its own shed, and a separate kitchen set over approx.. 2.8m x 3.6m. Private parking is adjacent to your home.
Pricing and affordability
Full Market Value £385,000
25% share £96,250
Monthly rent £661.72
Service charge £70
50% share £192,500, monthly rent £441; 60% share £231,000, monthly rent £352; 75% share £288,750, monthly rent £221
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At Bower Place, you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). You will need a minimum 5% deposit (of the share value) for mortgage purposes, plus monies to pay for solicitor fees, moving costs & furnishings. When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
2 allocated parking spaces adjacent to your home
Separate modern white kitchen with oven, hob and extractor fan, fridge freezer and washing machine
Carpet to bedroom and living areas with vinyl flooring to kitchen and bathroom
White bathroom suite with over-bath shower and glass shower screen
Private turfed garden with shed