Emma Searson Walk, Mays Place, Bourne, PE10

*** Available to purchase is a three bedroom semi detached house on the popular shared ownership scheme. The price advertised is based on a 55% share. MUST VIEW ***

Mays Place - Bourne

The development lies only a short walk away from Bourne town centre providing easy access to amenities such as shops, local pubs and eateries.
Bourne has excellent public transport services including buses that transport you to surrounding villages.

Also running through the heart of Bourne is the A15. This makes the cities of Peterborough and Lincoln a easy and direct drive away. Nearby, Peterborough city centre plays hosts a number of amenities including a variety of supermarkets, golf course, shopping centre, cinema and hospital.

Property Description

This property is a three bedroom house comprising of;
Ground floor -
Welcoming you into this property you are greeted by direct access to the kitchen which leads you to the internal hallway providing access to utility room, WC stairs to the first floor and living/dining room with double doors to the Garden.

First floor -
The first floor of the property boasts 3 bedrooms with en-suite and build in cupboard to the master bedroom and Family bathroom.

Outside -
To the side of the property there is a fully enclosed garden.
The property further benefits from a driveway suitable for parking for two vehicles

About Shared Ownership

On the popular shared ownership scheme you are able to purchase a share of the house and then pay the housing Association (Amplius) rent on the remaining share which has not been purchased. There is then the option to purchase further shares until you own 100% in the future, this is a process called staircasing.

To qualify for Shared Ownership, you must meet the following criteria:
- Your annual gross household income is less than £80,000
- Unable to purchase a suitable property for your housing needs on the open market.

Share Breakdown

Please find examples of share amounts available provided:
*** 45% - purchase price £108,000 - rental amount payable £347.07

*** 60%- purchase price £144,000 - rental amount payable £264.57

***75% - purchase price £180,000 - rental amount payable £182.07

***Full property value is - £240,000
Total prices include rent, buildings insurance, service charge and management charge.
This payment will need to be paid in addition to monthly mortgage payments where applicable.
Charges are reviewed annually every April.

Belvoir Disclaimer

These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective purchasers. Belvoir Peterborough, its employees and its agents are not authorised to make or give any representation or warranty whatsoever in relation to this property. All information included, descriptions, images used and sales floor plans are for illustration purposes only. The developer reserves the right to omit, add or otherwise alter the property, its specification or its exact location on site at any time prior to exchange of legal contracts without notice.