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%.

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Gibson Close, Waterbeach, 2 bed homes


Gibson Close, Cambridge, South Cambridgeshire, CB25 9HY

Shared ownership

Starting prices

25% share from
£83,750
Full price
£335,000
Minimum deposit
£4,100
Monthly rent
£576

Overview

A charming mid-terrace 2-bedroom (800sqf.) new home in Gibson Close, Waterbeach, with fenced rear garden and allocated parking. The development is ideally positioned around a private avenue in the heart of the village, in a walking distance from the common green and amenities. It offers a perfect fusion of rural and urban living.

Key features:

Ground Floor: Hall (cupboard under staircase); Bathroom; Kitchen (fitted with a range of built-in domestic appliances), connecting to Dining and Living Areas, with french door opening to rear garden.

First Floor: Landing (store cupboard); Bedroom 1 (built-in wardrobe); Bedroom 2; Bathroom.

Rear garden: Good size, fenced, turfed. Not overlooked.

Please check floor and site plans (in Gallery) to give you a better idea.

Estimated completion is November 2019.

Eligibility: Priority will be given to buyers with a local connection to the area i.e. Waterbeach, Landbeach, Horningsea and Milton, South Cambridgeshire District.


Local area information

Waterbeach is a stunning village about 6 miles north of Cambridge. It has a wide range of local shops, eateries, pubs and cafes, post office, primary school and secondary education at Cottenham Village College. Thanks to its proximity to A10 and train station, Waterbeach is well connected to Cambridge, Ely and Newmarket.

The village is renowned for its community spirit and rich social calendar. It has many active local organisations and hosts annual summer event popular with both locals and visitors, The Waterbeach Feast, with a parade, shows, stalls and entertainment.


Housing Provider

Shared Ownership New Homes
Shared ownership

Starting prices

25% share from
£83,750
Full price
£335,000
Minimum deposit
£4,100
Monthly rent
£576