Property Details

Last Edited:
7/23/2018
Contact Details
bpha
Email: info@bphaoptions.org.uk
Tel: 0330 0535 131
Quote Property Ref: 3857

Location Map

PLEASE NOTE: Whilst we endeavour to make our property details accurate and reliable these particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute as a full or part offer or contract. Other details are given without responsibility and intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them. The purchaser is advised to obtain verification from their Solicitor or Surveyor to their own satisfaction.

Property Details

County: Cambridgeshire
Address: NOVO - Overhill Close
Area: Cambridge
Scheme: Shared Ownership
Property Type: Apartment
Bedrooms: 2 beds

Property Costings

Available Properties: 2
Full property value from: £362,000
Share price from: £144,800
Monthly rent from: £497.75
Service charge: £94.14

Property Features

  • Excellent location
  • Brand New Home
  • Off Road Parking
  • Gas to Radiator Central Heating
  • NHBC Guarantee
  • High Specification
  • Balcony or Terrace
  • Built in Oven & Hob

Eligbility

  • General eligibility guidelines apply to this home

Summary

LAST PLOT NOW RESERVED!

Full Description

*LAST PLOT NOW RESERVED!*

 

The final two bedroom apartment is AVAILABLE TO VIEW AND RESERVE NOW through the Shared Ownership Scheme.

Situated on the popular Novo development, these homes can help you with your first step onto the property ladder in a desirable location in Cambridge.

These properties are built to a high specification with an NHBC warranty and benefit from off road parking, gas radiator heating, an integrated fridge freezer, washer dryer, built in oven, hob and hood, balcony, and flooring through out, making them ideal for professionals and first time buyers. 

Initial shares available to purchase between 40-75%*. Price shown is for a 40% share.
*(Your application will be affordability assessed to determine what share you can afford to buy).

To register your interest, please email us at: info@bphaoptions.org.uk or call 0330 0535 131

 

How does Shared Ownership work?

If outright purchase is not an option for you, this scheme offers an alternative to renting. You can buy an initial share in a new home that you can afford, helping you into home ownership in manageable stages.

bpha will consider initial shares of between 25% - 75% of the full purchase price*.

*Shares offered are based on business need.

 

In addition, you pay a subsidised rent on the remaining share that bpha still own. The combined monthly cost of mortgage and rent will normally be less than if you were purchasing the property outright.

In the future you can simply sell your share for its value at the time or alternatively you can purchase further shares in your home.

 


Local Information

 

The Novo development is situated within Great Kneighton, with close proximity to the city of Cambridge and local links to the M11 allowing easy access to London and beyond.