The Heath at Marham Park

2 - 4 bedroom homes in Off Mildenhall Road, Bury St Edmunds, West Suffolk, IP28 6JZ

Tenure Shared ownership
What is Shared ownership?
Availability Available
Min share price from £102,000 for 40% share
Full price from £255,000
Min deposit from £5,100
Monthly rent from £351
Service charge from £100
Bedrooms 2-4
Bathrooms 1
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

Located in picturesque Suffolk countryside, The Heath at Marham Park is an exciting development of new homes on the outskirts of Bury St Edmunds, offering excellent transport links and a great quality of life.

The Heath at Marham Park is a new community in a village environment, close to the town of Bury St Edmunds. Bloor Homes is proud to be building a mix of two, three and four bedroom properties ideal for growing families and downsizers. The community will eventually comprise over 1,000 homes, as well as a new village square, retail units, health and leisure facilities, and allotments.

Not only will this fully integrated new community have a vibrant local centre, it will also be home to substantial amounts of open space across its 200 acre span, including play and exercise areas, and walking and cycle routes to encourage a healthy lifestyle.

Just two miles south of The Heath at Marham Park is the historic market town of Bury St Edmunds - "the jewel in the crown of Suffolk". The town centre offers a comprehensive mix of shops, eateries, attractions and leisure facilities. The contemporary Arc shopping centre features several high street retailers, including a Debenhams department store, as well as the modern event venue The Apex. The town also boasts two cinemas, Theatre Royal and beautiful Abbey Gardens.

With the A14 and Bury St Edmunds bus and train stations nearby - offering direct links to Cambridge, Newmarket and Ipswich - The Heath at Marham Park is an ideal location for commuters in both Suffolk and Cambridgeshire.

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

The Heath at Marham Park is a new community in a village environment, close to the town of Bury St Edmunds. Bloor Homes is proud to be building a mix of two, three and four bedroom properties ideal for growing families and downsizers. The community will eventually comprise over 1,000 homes, as well as a new village square, retail units, health and leisure facilities, and allotments.

Status Plot No. Floor Beds Min share price Eligibility
Available 49 First 2 £102,000 View details
Available 64 House 2 £118,000 View details
Available 53 House 3 £126,000 View details
Available 52 House 3 £130,000 View details
Available 63 House 3 £132,000 View details
Reserved 50 Second 2 £102,000 View details
Reserved 65 House 3 £130,000 View details
Reserved 51 House 3 £132,000 View details
Reserved 62 House 4 £152,000 View details
View More

FAQ's

Min share price from: £102,000 for a 40% share
Full price from: £255,000
Minimum deposit from: £5,100
Monthly rent from: £351
Bedrooms: 2
Bathrooms: 1

There are 5 available ranging from £102,000 for a 40% share to £132,000 for a 40% 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.

The Heath at Marham Park

2 - 4 bedroom homes in Off Mildenhall Road, Bury St Edmunds, West Suffolk, IP28 6JZ

Tenure Shared ownership
What is Shared ownership?
Availability Available
Min share price from £102,000 for 40% share
Full price from £255,000
Min deposit from £5,100
Monthly rent from £351
Service charge from £100
Bedrooms 2-4
Bathrooms 1
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