3 bedroom cottage for sale

This attractive three bedroom period cottage enjoys a fine outlook across open fields on three sides, amidst the rolling countryside on the south eastern side of Cambridge. The location is likely to appeal to anyone preferring to live in rural surrounds yet needing easy access to Cambridge. Offering gardens of quite a good size, with trees, hedging along the boundaries, providing particularly effective screening along the road frontage.

The property offers much character and charm and viewing comes highly recommended.

The property is offered with a 50% share at £200,000 for a leasehold interest, with the freehold being retained by Orbit housing. We understand that any buyer should be able to staircase and purchase 100% of the property outright if desired. share. There is a monthly rent payable to orbit of £414.98 which includes building insurance of £275 per year.

Information for potential purchasers;-

Before proceeding with a potential buyer’s offer, they will need to have completed the online eligibility checker on the Government Website:
• The household earns £80,000 a year or less (or £90,000 a year or less in London)
• They are first-time buyers (or used to own a home but cannot afford to buy one now. Existing shared owners are required to have disposed of their existing shared ownership home at the
point of purchase.)
• They are aware that shared ownership properties cannot be sub-let and must be the
leaseholder’s primary residence.
The purchaser will be required to complete an Orbit application form and we will also require satisfactory evidence from their Independent Financial Advisor that they have seen and approved their proof of ID, payslips, savings and Mortgage Certificate. When an offer is accepted, please contact us so this can be actioned. The buyer will also need to provide a copy of their mortgage offer (if applicable), which, under the terms of the lease must be approved by the Association. If you provide financial advice to the purchaser you may also wish to see a copy of our mortgage approval criteria, which is available on request. As part of our approval process, we will have to be satisfied that the purchaser complies to the Homes England affordability assessment. Based on the share price we estimate a minimum household income of £46,454 is required to afford to purchase the share and meet the rent obligations of this particular home. The purchaser may require a higher income if they have other monthly commitments such as a loan or a lower
income if they are able to put down a lump sum to help fund the purchase.
It may be possible for someone to purchase 100% of the property but an additional staircasing process will have to be completed simultaneously by your client and this may incur additional legal costs.
If you require any further information in respect of this sale, please contact:
Homeownership Officer on[use Contact Agent Button] or [use Contact Agent Button]

Ground Floor

Part glazed front door to

Entrance hallway

with window to side, part glazed door to rear, stairs to first floor, roof void access hatch, wall mounted electric storage heater, coathooks, LVT flooring.

Kitchen
3.24 m x 2.21 m (10'8" x 7'3")

with window to rear with views to garden, good range of fitted wall and base units with under unit lighting, work tops with tiled splashbacks, space for fridge/freezer, built in electric hob with extractor hood over and electric oven below, one and a half sink unit and drainer with mixer tap, ceiling mounted spotlight unit, LVT flooring.

Utility area
1.64 m x 1.34 m (5'5" x 4'5")

with part glazed door and window to rear, worktop with shelving over and space/plumbing for washing machine below, ceramic tiled flooring, radiator.

Dining room
2.66 m x 2.38 m (8'9" x 7'10")

(Currently used as a ground floor bedroom) with window to front and window to side, radiator behind lattice fronted box cover, pine door to understairs cupboard and pine door to

Sitting room
3.75 m x 3.64 m (12'4" x 11'11")

with two windows to front, fireplace with oak bressumer, cast iron wood burner and slate hearth, exposed ceiling timbers.

Bathroom

with window to rear, panelled bath with fully tiled surround and Mira shower over, vanity wash handbasin with back lit mirror over and tiled wall behind, chrome heated towel rail, airing cupboard with factory lagged hot water tank and slatted wood shelving, ceramic tiled flooring.

Cloakroom

with wc with recessed shelf and mirror fronted cabinet over, vanity wash handbasin with tiled splashback, extractor fan.

First Floor

Landing

with exposed wall timbers, built in bookshelves, timber Suffolk latch doors to

Bedroom 1
3.54 m x 2.95 m (11'7" x 9'8")

with window to front, radiator, built in wardrobes to length of one wall, laminate wood flooring.

Bedroom 3
2.63 m x 1.89 m (8'8" x 6'2")

with window to front, exposed wall timbers, radiator, built in shelf and cupboard.

Bedroom 2
3.43 m x 3.40 m (11'3" x 11'2")

with window to rear, laminate wood flooring.

Outside

The property enjoys a generous garden mainly to the side and rear (40m x 15m) which wraps around the house. Mature front garden area with flower and shrub borders, silver birch and path to front door. Side/rear garden with good sized lawn area with well stocked flower and shrub borders, fruit trees. Block built store. This leads onto a parking area for three vehicles. Five bar gate accessed from drive off main road.

Services

Mains water, electricity and drainage.

Tenure

The property is Leasehold. There is a monthly rent payable to orbit of £414.98 which includes building insurance of £275 per year.

Council tax

Band D

Viewing

By arrangement with Pocock & Shaw