4 Bed Detached House For Sale

*All of our 4 bedroom plots at this development have now been reserved and are sold subject to contract. You can still register your interest for any future releases in this area by clicking "enquire now*



The Development



The Box Road development is ideally situated in the village of Cam, on the edge of the Cotswolds. With a selection of 3 and 4 bedroom homes available for Shared Ownership whether you're a first time buyer or a growing family, there is sure to be a home that suits your needs.



There are a range of nearby amenities in this semi-rural location, including supermarkets, petrol station, pubs and a garage. Tesco Superstore is a mile away, whilst the popular Gloucester Quays Outlet with its designer and High Street shops is only 13 miles away. Cam is an ideal location for families, with a selection of pre-schools, primary schools and high schools in the local area. There are also numerous parks and leisure centres nearby.



Cam is within a short drive of Dursley and a range of other Cotswolds towns. With Cam and Dursley train station nearby and within easy access of the M5 motorway this development is ideal for commuters.



The Properties

The Mylne homes briefly comprise of an Entrance Hall with downstairs WC and Storage. To the front of the house there is a Living Room and to the rear is a large Kitchen/Dining Room with double doors leading to a turfed garden. To the first floor, there are 4 bedrooms, additional storage, and a family bathroom. The Master Bedroom features an En Suite shower room. Additional benefits include a driveway for multiple cars plus a garage.



Availability - Plots 19, 20 and 21



Price Examples



4 Bedroom Detached House



£145,000 for a 40% share (deposit from £7,250)

Monthly Rent on remaining share £498.44



£181,250 for a 50% share (deposit from £9,063)

Monthly Rent on remaining share £415.36



£271,875 for a 75% share (deposit from £13,594)

Monthly Rent on remaining share £207.69



These properties are build complete, and we are able to offer viewings once we are in receipt of a completed application and the application has been referred for an affordability assessment.



Other shares can be purchased subject to an affordability assessment.

Examples of deposit rates are based on our minimum required deposit rate of 5%. However please seek financial advice to confirm what deposit rate is available to you.



Council Tax TBC - due to these properties being new builds and not being previously occupied the council tax and banding has not yet been set.



Service Charge - A service charge will be charged against the property and is paid monthly with your rent payment. The service charge is reviewed on an annual basis on April 1st. This will include Buildings insurance, management and any communal/estate charges that may be covered (if applicable). The service charge displayed is estimated based on the initial assessment of the scheme. Please note there is a also a yearly charge payable to the management company. Please contact the sales consultant for details.



Ground Rent - Not applicable



Homes England Key Information Document - please refer to our website to read through our key information document for this property. This will include pricing details, eligibility and some lease information.



NEXT STEPS:

1. For further information, please download our brochure below.

2. TO APPLY NOW, please enquire with Platform Home Ownership and the relevant sales consultant will then send you an application form to complete.

3. Upon receipt of your application, once approved, we will refer you for an affordability assessment to determine the most affordable share for you.

4. Once you have passed the affordability assessment, we will then be in contact to confirm the availability.

5. If there is a suitable property we will then issue out your offer letter and advice on how to pay your £250.00 reservation fee for your new home.



Shared Ownership is a fantastic opportunity if you're an unable to purchase a home on the open market. It allows you to buy a share in a property on a part buy/part rent basis and pay a subsidised rent on the part that you do not own. Over time, you can purchase more shares in your property - this is known as 'staircasing'. This can be done at any time after initial purchase and it will reduce the amount of rent you pay, as the share of the home that you do not own will have got smaller.



We will offer shares between 10-75% of the property value depending on the outcome of the affordability assessment. The higher the share you purchase, the lower your rent will be. You will need to be able to obtain a mortgage for the share you want to purchase unless you have sufficient funds to enable you to purchase a share outright. Deposit amounts will be lower than purchasing a property on the open market also the combined cost of mortgage and rent is often cheaper than privately renting in the area.



For more detailed information and your obligations in relation to shared ownership please download our 'Guide to Shared Ownership'



Am I eligible?

Shared Ownership uses the following criteria to help people to get onto the property ladder:

- Maximum annual household income of £80,000.

- Unable to purchase a home suitable for your needs.



*Please note some images are typical and should be used as a guide only