Lakenheath Park

2 - 3 bedroom homes in Aspal Lane, Beck Row, Mildenhall, West Suffolk, IP28 8BH

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £63,000 for 35% share
Full price from £180,000
Min deposit from £3,150
Monthly rent from £268
Service charge from £40
Bedrooms 2-3
Bathrooms 1 - 2
Parking 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

Clarion will be offering a number of two, three and four bedroom homes for Shared Ownership in Mildenhall.

Mildenhall offers a good range of shopping, education and leisure services together with many local places of historical interest.

Larger more diverse facilities can be found at the nearby towns of Bury St Edmunds, Thetford and Newmarket. Mildenhall lies approximately two miles from the Five ways interchange on the A11 which gives easy access to Norwich and Cambridge. Other towns within travelling distance are Brandon to the North West and Bury St Edmunds to the south east via the A1101.

To register your interest or for any other enquiries please contact the Customer Service Team – Sales on:-

T: 0300 100 0309

Please note:

All images displayed throughout are examples of previous Clarion developments and are not indicative of the specification at this development and may not correspond exactly to the available properties described.

These prices are to be used as a guideline only as they may change.

  

Local area information

Mildenhall offers a good range of shopping, education and leisure services together with many local places of historical interest.

Status Plot No. Floor Beds Min share price Eligibility
Available 79 Semi-detached house 2 £63,000 View details
Available 84 Semi-detached house 2 £63,875 View details
Available 85 Semi-detached house 2 £64,750 View details
Available 74 Terrace house 3 £72,625 View details
Available 73 Semi-detached house 3 £73,500 View details
Available 75 Semi-detached house 3 £73,500 View details
Available 82 Semi-detached house 3 £74,375 View details
Available 83 Semi-detached house 3 £74,375 View details
Available 76 Semi-detached house 3 £77,875 View details
Available 78 Semi-detached house 3 £77,875 View details
Available 77 Semi-detached house 3 £78,750 View details
View More

FAQ's

Min share price from: £63,000 for a 35% share
Full price from: £180,000
Minimum deposit from: £3,150
Monthly rent from: £268
Bedrooms: 2
Bathrooms: 1

There are 11 available ranging from £63,000 for a 35% share to £78,750 for a 35% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

It all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Lakenheath Park

2 - 3 bedroom homes in Aspal Lane, Beck Row, Mildenhall, West Suffolk, IP28 8BH

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £63,000 for 35% share
Full price from £180,000
Min deposit from £3,150
Monthly rent from £268
Service charge from £40
Bedrooms 2-3
Bathrooms 1 - 2
Parking 1

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes