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Full details for 2 Bedroom Property For Sale in Downham Market

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Description

We are delighted to offer this incredible exciting opportunity to buy this brand new 2 double bedroom end-terraced home situated on The Willows, Downham Market and available on a Shared Ownership basis through Freebridge Community Housing.

The full market value of £260,000 is available to purchase from a 25% share with a deposit from 5% at £3,250.00 (Other shares available - this is an example of a 25% share).

• Two Double Bedrooms End-Terraced New Home
• Open Plan Kitchen/Dining/Living Room with patio door to garden
• Landscaped front garden and turfed rear garden with patio area (confirm finish to rear garden)
• Driveway offering ample parking
• Flooring to wet areas
• Gas centrel heating

This superb new home has been designed with style, comfort and efficiency in mind. Finished to superb specification throughout this beautifully spacious end-terraced new home offers a generous open plan kitchen with integrated oven, hob and fan over and space for additional appliances, opening into the living/dining room with patio doors leading to the garden . In addition, there is a useful storage cupboard and a stylish cloakroom.

To the first floor are two double bedrooms that share the family bathroom and the rear garden is ideal to enjoy the summer months with family and friends.

Location

Downham Market is a thriving market town with excellent road and rail connections to London, Cambridge and Ely. The town offers a host of schools, shops, health and leisure facilities.

What is Shared Ownership?

A brand new 2-bedroom end-terraced home available on a shared ownership (part buy/part rent) basis. Shares available from 10%-75% on initial purchase with the option to staircase to 100% in the future

To qualify for shared ownership you will need to meet the following criteria:

· Annual household income less than £80,000
· Unable to purchase a home suitable for your needs without assistance
· Not a current home owner (or named on the deeds of another property) in the UK or abroad
· No outstanding credit issues (ie unsatisfied defaults or County Court Judgements)

Example Share Breakdown
Full market value: £260,000
25% share value: £65,000
5% deposit: £3,250.00
Rent charged on unowned share: 2.75%
Rent on unowned share (75%): £446.88

*Please note, images have been used for illustrative purposes only. Specification, layout and finish may be subject to change.


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