Neptune Close, Peterborough

A superb opportunity for first-time buyers, this modern one-bedroom cluster house on Neptune Drive, Cardea, Peterborough offers stylish, low-maintenance living with no forward chain, available as a full 100% freehold at £150,000 or via 35% shared ownership at £52,500 through BPHA.

Welcome to this superbly presented one-bedroom cluster house, situated in the sought-after and rapidly developing location of Neptune Drive, Cardea, Peterborough. Stepping through the front door, you are welcomed into a practical entrance hallway, which provides access to the staircase leading to the first floor, as well as to the ground floor accommodation. From the entrance hall, you will find a well-appointed bathroom, complete with a bath, wash basin and WC, finished to a modern standard throughout. Also accessed from the entrance hall is the generously proportioned master bedroom, a bright and versatile double room offering plenty of space for wardrobes and additional furniture, making it a wonderfully restful retreat at the end of the day. Heading upstairs to the first floor, you arrive at the true heart of this home: a spacious and stylish open-plan kitchen and living area, thoughtfully designed to combine contemporary living with everyday functionality. The kitchen itself is fitted with sleek, modern units and integrated appliances, flowing seamlessly into a generous living space that provides ample room for both relaxing and entertaining, and benefits from natural light throughout the day. This immaculate home is finished to a high, modern specification from top to bottom, making it a fantastic turnkey opportunity that simply needs a new owner to move straight in and enjoy. With no forward chain, this property represents an ideal opportunity for first-time buyers looking to get onto the property ladder without unnecessary delay or complication. The property is available to purchase as a full 100% freehold at an asking price of £150,000, offering complete ownership and long-term security, or alternatively, buyers may wish to explore a 35% shared ownership option, priced at £52,500, which would need to be arranged through BPHA. Whether you are taking your first step onto the property ladder or seeking a low-maintenance, modern home in a convenient Peterborough location, this delightful cluster house is certainly one to view.

Entrance Hall - 1.25 x 3.21 (4'1" x 10'6") -

Master Bedroom - 2.47 x 5.03 (8'1" x 16'6") -

Bathroom - 2.13 x 1.72 (6'11" x 5'7") -

First Floor -

Kitchen/Living Area - 3.72 x 5.00 (12'2" x 16'4") -

Epc - C - 79/84

Tenure - Leasehold - At the time of marketing the vendor has informed us of the current lease terms. Exact figures will be confirmed by your solicitor upon receipt of the management pack, when a sale has been agreed.
Years Remaining on the lease - 117 years
Ground rent £3123.12 per annum
Service charge £341.52 per annum

Prospective purchasers should be aware that the transaction timescale may be longer than a standard sale due to the shared ownership nature of the property. Additional costs may also apply, including valuation, legal and/or administration fees.

Important Legal Information - Construction: Standard
Accessibility / Adaptations: None
Building safety: No
Known planning considerations: None
Flooded in the last 5 years: No
Sources of flooding: n/a
Flood defences: No
Coastal erosion: No
On a coalfield: No
Impacted by the effect of other mining activity: No
Conservation area: No
Lease restrictions (answer yes if there are restrictions, eg does not allow pets): No
Listed building: No
Permitted development: No
Holiday home rental: Yes
Restrictive covenant: No
Business from property NOT allowed: No
Property subletting: Yes
Tree preservation order: No
Other: No
Right of way public: No
Right of way private: No
Registered easements: No
Shared driveway: No
Third party loft access: No
Third party drain access: No
Other: No
Parking: Communal Car Park Allocated Space
Solar Panels: No
Water: Mains
Electricity: Mains Supply
Sewerage: Mains
Heating: Gas Mains
Internet connection: Fttp
Internet Speed: up to 1800Mbps
Mobile Coverage: EE - Great, O2 - Great, Three - Great, Vodafone - Excellent

Disclaimer: If you are considering purchasing this property as a Buy-to-Let investment, please be advised that certain areas may be subject to Selective Licensing schemes. Prospective purchasers are strongly advised to carry out their own due diligence to ensure compliance with any applicable licensing requirements, including any associated fees or obligations.

All information is provided without warranty.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.

Disclaimer: - Please note: All prospective purchasers must meet shared-ownership eligibility criteria and will be required to complete a financial/suitability assessment with the housing association/management company.

Shared Ownership – 35% Share - The property is currently offered for sale at a 35% shared ownership interest. The purchaser will acquire the vendor’s existing 35% share, with the property remaining subject to the terms of the shared ownership lease with bpha.

Prospective purchasers should note that additional eligibility, affordability and legal requirements may apply to the purchase of the shared ownership share. Buyers are advised to make their own enquiries regarding the ongoing rent and service charge payable on the remaining share.

The property may also be available to purchase at 100% ownership, subject to bpha’s approval and the relevant staircasing process. Please contact the office for further information.