2 Bed Detached House For Sale

**PLEASE NOTE prices are estimated based on a 35% share of the current full market valuation but are subject to change, therefore please use as a guide only until properties are released for sale and prices are updated.**



The Development



The market town of Chatteris is situated in the scenic Fens, between the larger towns of Huntingdon, March and Ely. Lined with attractive brick buildings, the centre is home to a good range of amenities including independently-owned shops; cafés, pubs, restaurants and takeaways, and several convenience stores. Less than a mile from the development there is a Tesco Superstore and an Aldi for the weekly shop, or you could visit Chatteris market which takes place every Friday and sells local produce. The town also has a number of local schools and healthcare facilities including a pharmacy, dental practice, GP and two nearby hospitals. There are also a library and community hub, museum, leisure centre and community cinema.



The cities of Peterborough and Cambridge with numerous shops and attractions are less than an hour's drive. Education for all Families with children of all ages will benefit from the range of schools in the area. There are several nurseries and primary schools in Chatteris, including Glebelands Primary School and Thomas Eaton Primary School. The secondary schools consist of Cromwell Community College and Abbey College Ramsey.



Chatteris is approximately 13 miles from Ely, 25 miles from Cambridge and 17 miles to Peterborough. Also, Manea Train Station is only 9 miles away and goes direct to Kings Cross.

The Property



2 bedroom semi detached house.



Prices

Prices are subject to change and based on an estimation of the current market value, please use as a guide only until properties are released for sale.



NEXT STEPS:

Please pre-register your interest for this development, we will contact you as soon as we have any further information.



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.



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