2 Bed Detached House For Sale

This superb modern home is available to buy from as little as £75,000 with a 25% share!

Nestled in a popular residential area of Bedford, this well-presented semi-detached home offers a fantastic combination of comfort and convenience. The property boasts two good-sized bedrooms, a bright and welcoming living area, a downstairs WC, and a well-appointed kitchen. Outside, you'll find a private rear garden and a spacious driveway providing ample off-street parking.
The home is ideally located close to a range of local amenities, including shops, supermarkets, cafés, and restaurants. Families will appreciate the proximity to highly regarded schools, such as Castle Newnham and Bedford Free School. For outdoor lovers, nearby Russell Park and the picturesque Great Ouse riverbank offer lovely green spaces to enjoy.
Commuters are well connected, with Bedford train station offering direct services to London and Cambridge, and excellent road links including the A6, A421, and M1 all within easy reach.


PRICING & AFFORDABILITY

Full Market Value: £300,000

25% Share Price: £75,000 (rent £372.93pcm)
Minimum 5% Mortgage Deposit (25% share): £3750
Approximate Service Charges: £20.55pcm*
Lease 90 Years

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

** This home can also be purchased outright (100% of the value) which is £300,000 and a purchaser would not need to meet the eligibility criteria listed above.