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)
Coldhams Lane, 3 bed homes
Hundred Houses Society is proud to offer this shared ownership home which is available now for purchase.
Located on Coldhams Lane and within a short distance from Cambridge City Centre, this beautiful new development of just 57 dwellings is surrounded by landscaped open space, whilst benefiting from excellent transport links, a number of good primary and some of the top performing secondary schools.
There is now only 1 semi-detached 3 bed house available! This beautiful home benefits from:
1 allocated parking space per home
Fitted kitchen and dining room approximately 4.5m x 3.2m / 14’7’’ x 10’5’’ with
Integrated Electrolux electric fan oven and electric hob; integrated Zanussi fridge freezer; integrated Zanussi washer/dryer; integrated Zanussi dishwasher and 30 litre recycle bin in kitchen base unit
Rear door from kitchen leading to landscaped rear garden (note there is no garden for the 2 bed apartment)
Spacious living room 6.1m x 3.8m / 20’ x 12’5’’Stairs leading to the first floor:
Master double bedroom – 3.8m x 3.6m / 12’5’’ x 11’8’’
Second double bedroom – 4.3m x 2.7m / 14’1’’ x 8’8’’
Good sized third bedroom – 2.7m x 3.2m / 8’8’’ x 10’5’’
There is also a bike and bin store for each.
Local area information
Coldhams Lane is approximately 3 miles south east of Cambridge City centre. There are great local shopping facilities, with Brookfields Health Centre less than 1 km away. There are a variety of schools including the well regarded Ridgefield Primary (Ofsted rating: Good) and Parkside Community College which offers educational facilities from secondary through to sixth form (Ofsted rating: Outstanding) In addition there is a cycle path known as The Tins from Orchard Estate giving access to Brookfields (the southern end of Mill Road). Well placed for Addenbrookes Hospital, the new biomedical campus, ARM and Cambridge Railway Station.
Please note that the pictures used are for illustrative purpose.
Note that the properties are subject to an independent RICS survey every three months to ensure that the values are in line with the current market. Next valuation due in September 2019.