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NEW HOME

Chancery Park, Burwell Road, Exning, CB8

PROPERTY TYPE

End of Terrace

BEDROOMS

2

BATHROOMS

1

SIZE

764 sq ft

71 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Description

Brand new 2 Bedroom SHARED OWNERSHIP house available to purchase at £142,500 with a deposit a little as £7,125 which represents a 50% share of the full market value of £285,000. Maximum share to initially purchase is 75%.

The Haldon is a fantastic two-bedroom house at Chancery Park in Exning, Newmarket. From entering into the property via the hallway entrance you will find yourself in the modern open plan Living/Kitchen/Diner stretching across the full length of the property – perfect for entertaining any guests! Off the living area there are double French doors opening up into the garden allowing an abundance of natural light into the property. As we make our way upstairs you will find a new three-piece bathroom and two large bedrooms, which are double in size, with the master benefitting from a built in wardrobe. Downstairs there is a W/C and externally the property benefits from two parking spaces and fully turfed rear garden.

How much will this cost?
You can buy shares as low as 30% and Below is a breakdown of how much buying at Chancery Park will cost.

Full Market Cost: £285,000

30% Share - £85,500
Rent/month - £457.18
5% Deposit - £4,275

50% Share - £142,500
Rent/month - £326.56
5% Deposit - £7,125

75% Share - £213,750
Rent/month - £174.74
5% Deposit - £10,688

Exning is a quaint and charming village based in West Suffolk with access to the nearby A14 which allows easy travel into Cambridge and the M11 down towards London. For the commuter there are rail services from Newmarket and Ely which takes you into both Cambridge stations where you can go straight into London Kings Cross or Liverpool Street.

Exning benefits from a primary school with an ‘outstanding’ rating from Ofsted, post office, array of pubs and local shop. Nearby only a stones throw away is the famous town of Newmarket which stages some of the most popular horse racing in the world at the Rowley Mile and July Race courses. Newmarket has a wide variety of amenities including supermarkets, golf course, café’s, restaurants, bars and fantastic range of quirky privately owned shops too.

WHAT IS SHARED OWNERSHIP?
Shared Ownership is a government-backed scheme that has been around for more than 35 years and has helped over 200,000 people buy a home.
WHY BUY SHARED OWNERSHIP?
Shared Ownership is the perfect way to get on to the housing ladder if your finances mean that your housing needs and your current situation don’t quite match. Better still, it’s usually cheaper than renting.
HOW DOES IT WORK?
With Shared Ownership you buy a percentage of the home’s overall value. You can buy between a 25% and 75% share to start with, and you must always buy the maximum you can afford. You pay rent on the share you don’t buy. The rent increases annually, but is always subsidised and is worked out using a percentage of the value of the share you don’t own.
If you’re looking to buy with Shared Ownership you’ll need a mortgage in the same way you would if you were buying on the open market. Shared Ownership mortgages are available from most mortgage lenders, who will lend to you if you have a 5% deposit or greater. This means that you could buy your dream home, in your dream area, without needing a big deposit or big salary.
ARE YOU ELIGIBLE?
There are two things to think about when looking into Shared Ownership:
• You must earn less than £80,000.
• You must be a first-time buyer, or no longer have your name attached to a house (if you are selling your home at the moment, speak to your provider, they will be able to advise you).
Particulars
Tenure: Leasehold
Council Tax Band: New build - Council tax band to be determined

Price are plot specific. Please call Abbotts Mildenhall for further details


COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Chancery Park, Burwell Road, Exning, CB8

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About Abbotts, Mildenhall

39-41 King Street, Mildenhall, Bury St Edmunds, Suffolk, IP28 7EZ
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Your trusted agent since 1850

We’re local. Award-winning. And focused on you. We keep things simple and transparent – no fancy jargon or hidden costs. Whether you’re looking to buy, sell, let or rent, your property journey starts here.

Why we’re different

As part of the UK’s largest property services group, we have agents right across the country with access to thousands of potential buyers and tenants. With years of experience selling and letting houses like yours, in your local area, we know how to get your property seen by the right people. Professional photography, expert social media advertising and virtual property tours are just some of the features we offer to help sell and let your properties for the best price, in a time frame that suits you. You’re in safe hands with us.

More than simply an estate agent…

We want to take the stress out of moving. That’s why we offer a full range of property services to help you at every stage of your property journey. From your valuation to your mortgage and protection needs to conveyancing and surveying, we can organise every detail. This means less time searching for and stressing about services and more time planning life in your new home.

In short, we're your one-stop-shop. We handle everything, all in one place - because a little peace of mind can go a long way.

So, let’s get started?

Mildenhall is a beautiful market town with lots of country cottages, open fields, woodlands, riverside walks and stunning scenery... Ideal for anyone looking for an easier pace of life. Our Mildenhall team are a dedicated bunch of local professionals who are delighted to serve the local community, so if you're looking for any property advice, don't hesitate to come for a chat - we're located on King Street in the town centre.

Your mortgage

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Years
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Monthly repayments
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Disclaimer - Property reference LNQ230045. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Abbotts, Mildenhall. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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