Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Chervil Way, 2 bed homes


Chervil Way, Cambridge, South Cambridgeshire, CB23 6BA

Shared ownership

Starting prices

75% share from
£187,500
Full price
£250,000
Monthly service charge
£8

Overview

Key Features

Two bedroom terrace house
Good Condition
Combi Boiler
Gas fired central heating
Side Drive/ Parking space for two cars
Close to local amenities in Cambourne
 
Full Description

A two bedroom terrace house located in Cambourne available through Shared Ownership Scheme
Available for £187,500 for 75% share based on the marketing figure of £250,000

SO Resi Monthly Payment - N/A
Monthly Service Charge - £8.30 
Total Monthly Charge - £8.30 PLUS MORTGAGE REQUIRED FOR 75% SHARE

Please note this property is part of a ‘Preserved Equity Scheme’. This means Metropolitan retain a 25% stake in the property. You may purchase further shares up to a maximum of 75%

The property consists of an end terraced house situated in a residential area within easy walking distance from the town centre.

Hallway

Living Room
15'0"x 10'6"

Fitted Kitchen with Dining area
8'10" X 13'6"

Landing

Bedroom 1
10'6"x 11'11"

Bedroom 2
7'2"x 9'10"

Bathroom and En suite shower room

External
Front and rear gardens
Parking space for two cars

EPC Rating
Energy Rating Band - C
Environmental Impact Band - C

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please refer to Resale Team for up to date information.

 


Local area information

The property is close to local amenities and shops; supermarket,restaurants,pub and country park with lake 500m away,two gyms under 1km distance and three primary schools under 1km

The area is well-served by transport links;near the M11, A1 and A14(approx 15km), 15min drive to train link to London and close tpo bus routes to Cambridge.


Housing Provider

SO Resi
Shared ownership

Starting prices

75% share from
£187,500
Full price
£250,000
Monthly service charge
£8