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COMING SOON, REGISTER YOUR INTEREST NOW!
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Ensum Brown are delighted to offer for sale these 50% equity share brand new ground and first floor flat on the desirable ‘Rosemary Place’ development on New Road in the popular village of Melbourn. There are 4 flats soon to be released, so please register your interest to view now and ensure you qualify to purchase.
All flats are completed to an excellent specification. Those on the ground floor have a door with direct access to the enclosed communal gardens for just the 4 flats in the block and those on the first floor have a private balcony as well as use of the lawned communal gardens. Each flat is of approximately 650sq ft and each has an allocated parking space.
Each flat is complete with neutral décor. The open plan living space provides a lounge/dining area and kitchen that has fitted appliances including an oven, four plate hob with extractor over,. The properties are complete with a gas radiator heating system. Further accommodation includes 2 double bedrooms with a particularly spacious master bedroom with fitted wardrobes. The bedrooms share the use of a family bathroom with three-piece suite in white comprising of a panelled bath with shower attachment and glass screen, low level w.c. and wash hand basin.
A non-refundable reservation fee of £500 payable to The Cambridge Housing Society Ltd will be required to secure your property.
Equity Available To Purchase: Initial 50% with option to purchase further equity at a later date.
Rent: £320.83 per calendar month
Lease Length: 150 Years
Service Charge: Estimated at £50 per calendar month
Shared ownership: Do I qualify?
Shared Ownership is an option for a variety of purchasers — probably more than you think. A smaller deposit and required mortgage makes it easier for first-time buyers to get on the ladder, and it’s an easier way for separated couples to buy again with their individual share of joint assets. Shared Ownership is also a good option for retirees, or those who want to free up equity without losing the security of owning a home.
• Your household income needs to be under £80k.
• If you own a property, you will need to sell this before you complete your Shared Ownership purchase.
• You’ll need to show you can afford the regular payments and costs involved in buying a home.
• You should have savings or be able to put down at least 5-10% deposit on the share of the property you’re buying.
See the attached brochure for full details on the shared ownership scheme (Brochure to be attached to listing)
Contact Ensum Brown today to register your interest and be notified on when viewings can commence.