Hooper Crescent, St. Neots, PE19

Hooper Crescent, St Neots

Two Bedroom Semi-Detached Home – 35% Shared Ownership

Full Market Value: £270,000 | 35% Share: £94,500

Rent & Service Charge: £572 per month

Built in 2024, this detached coach house offers a stylish and modern living space in a convenient location, just a short walk from St Neots train station and close to local amenities including schools, shops, and food outlets.

The property features two double bedrooms and two bathrooms, along with a bright open-plan living area and a well-equipped kitchen with fitted appliances.

Additional highlights include gas radiator heating, a 21ft garage with an electric roller door, and a well-presented interior throughout.

Offered with no forward chain, this attractive home provides a great opportunity for those seeking a modern, easy-to-maintain property in a sought-after area.

About Shared Ownership

Shared Ownership is a part-buy, part-rent scheme designed to help buyers who may not be able to purchase a home outright. With a 35% share, you pay a reduced rent on the remaining portion, with the option to increase your share over time through staircasing.

Contact us today to arrange a viewing or to learn more about shared ownership options.

Shared Ownership – General Eligibility Criteria

To be eligible to apply for Shared Ownership with Orbit Homes, you generally need to satisfy the following:

1. Age

   • You must be 18 years old or over.

2. Not currently owning a suitable home

   • Usually, you must not already own a home that meets your needs. If you do own one, it may disqualify you or require special circumstances.

3. Credit status

   • You need a good credit record, to be able to obtain a mortgage and meet ongoing financial commitments.

4. Affordability

   • You must be able to afford the share you want to purchase, plus the rent on the remaining share, plus any service charges / maintenance etc.

   • Orbit carry out an affordability assessment, including estimates of monthly costs, deposit, fees and ensuring that you have sufficient “surplus income” after all housing costs and other financial commitments.

   • Under their Surplus Income Policy, applicants must typically have a certain minimum amount of disposable income (after all commitments) to ensure sustainability.

5. Income thresholds

   • There is often an upper limit on household income, many Shared Ownership schemes in England use similar limits (e.g. around £80,000 outside London, sometimes higher/lower depending on region, funding and planning agreements) in other providers’ eligibility criteria.

   • You may need to show your household income, savings, etc. as part of the initial and full assessment.

6. Residency / Right to live in the UK

   • You need the legal right to live in the UK. Citizenship, settled status, or valid leave to remain are usually required.

   • Registration / Application Process - You will be sent through an initial affordability assessment often by a nominated mortgage advisor, which decides whether they meet Orbit’s eligibility and financial capacity.

Entrance Hall

Composite entrance door leading to entrance hall. Stairs to first floor.

Landing

Large cupboard housing gas boiler. Loft access. Doors to living room, bedrooms and bathroom.

Kitchen / Dining / Living Room

UPVC windows and door to front with Juliet Balcony. UPVC window to side. Radiator. TV and telephone points. Wood effect flooring.

Kitchen comprising work surfaces with drawers and cupboards under. Wall mounted cupboards. One and a half bowl sink with mixer tap. Built in electric oven and four ring hob with extractor fan over. Built in fridge/freezer, washing machine and dishwasher. UPVC window to rear.

Bedroom One

UPVC window to front. Radiator. Door to ensuite.

Ensuite Shower Room

Three piece suite comprising low level WC, wash hand basin and fitted shower unit with glass sliding door. Tiled splash backs. Heated towel rail. UPVC window to rear. Extractor fan.

Bedroom Two

UPVC window to front. Radiator.

Bathroom

Three piece suite comprising low level WC wash hand basin and panelled bath with shower over. Glass screen and tiled splash backs. Heated towel rail. Extractor fan. UPVC window to rear.

Parking - Garage

21'3" x 12'5" Single garage with electric roller door. Storage cupboard under stairs. Power and light.