Property photos
Leasehold
£78,750
2 bed terraced house for sale
Vicarage Meadow, Stow-Cum-Quy CB252 beds
1 bath
1 reception
Local area information
Property location
Nearby amenities
- Bottisham Village College 1.3 miles
- Bottisham Community Primary School 1.7 miles
- Cambridge North 2.7 miles
- Waterbeach 3.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Guideline Minimum Deposit 15% (£11,812.50)
- Guideline Income £28.7k (dual) £35k (single)
- Two Storey, Two Bedroom, Mid Terrace House
- Approx. 632 Sqft Gross Internal Area
- Double Bedrooms with Fitted Storage
- Bathroom plus Downstairs Cloakroom
- Rear Garden
- Parking Space
Shared ownership (Advertised price represents 25% share. Full market value £315,000 but see 'Please Note' below). A very smartly-presented, two-bedroom house in rural Cambridgeshire. This modern, mid-terrace property has the reception room at the front with a doorway that leads through to an under-stairs cloakroom and a spacious kitchen/dining room with tiled floor and access to the rear garden. On the first floor are the bedrooms, both comfortable doubles with built-in storage, plus a stylish, recently-upgraded bathroom. The house comes with use of a parking space and is also within easy reach of Cambridge city centre by either bus or bicycle.
Please Note: 'Staircasing' is restricted to 80% for this property.
Interested parties are required to complete the shared ownership common application form []
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.Tenure: Leasehold (125 years from 01/01/2008).
Minimum Share: 25% (£78,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £551.41 per month (subject to annual review).
Service Charge: £25.44 per month (subject to annual review).
Guideline Minimum Income: Dual £28,700 Single £35,000 (based on minimum share and 15% deposit).
Council Tax: Band C, South Cambridgeshire district Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Ground Floor
Entrance Hallway
Living Room
14' 6" max. X 8' 10" (4.42m x 2.69m)
Cloakroom
Kitchen / Dining Room
12' max. X 11' 4" max. (3.66m x 3.45m)
First Floor
Landing
Bedroom 1
10' 0" x 9' 11" max. (3.05m x 3.02m)
Bathroom
Bedroom 2
12' 2" max. X 10' 11" max. (3.71m x 3.33m)
Please Note: 'Staircasing' is restricted to 80% for this property.
Interested parties are required to complete the shared ownership common application form []
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.Tenure: Leasehold (125 years from 01/01/2008).
Minimum Share: 25% (£78,750). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £551.41 per month (subject to annual review).
Service Charge: £25.44 per month (subject to annual review).
Guideline Minimum Income: Dual £28,700 Single £35,000 (based on minimum share and 15% deposit).
Council Tax: Band C, South Cambridgeshire district Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Ground Floor
Entrance Hallway
Living Room
14' 6" max. X 8' 10" (4.42m x 2.69m)
Cloakroom
Kitchen / Dining Room
12' max. X 11' 4" max. (3.66m x 3.45m)
First Floor
Landing
Bedroom 1
10' 0" x 9' 11" max. (3.05m x 3.02m)
Bathroom
Bedroom 2
12' 2" max. X 10' 11" max. (3.71m x 3.33m)
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
Listed by
Urban Moves
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