Church Street, Ashley, Newmarket, Suffolk

A SUPERB 2 BEDROOM HOME OFFERED FOR SALE UNDER THE DISCOUNT MARKET SALE SCHEME.

A rare opportunity to own outright a home in this popular village, using the Discount Market Sale incentive.

Ashley is only 4 miles from Newmarket, and is a well-served and popular village. Highland Homes are bringing this stunning development to the area. Having constructed homes in and around Newmarket and Cambridge for many years, this is an exciting opportunity to purchase on their latest scheme.

This superb home provides an excellent opportunity to OWN THE HOME OUTRIGHT and benefit from a 20% discount - the discount remains with the home for the onward sales. See details below.

The homes benefit from efficient underfloor heating to the ground floor powered by an air source heat pump, and radiators to the first floor.

The ground floor is open plan with the high specification kitchen situated to the front and living room to the rear.

Upstairs there are two spacious bedrooms and a family bathroom.

The home is complete with:
* Shaker style kitchens
* Integrated appliances of oven, combi-microwave, touch control hob, extract hood, fridge/freezer and dishwasher.
* Bathroom fitted with contemporary white Roca sanitaryware, 2 drawer vanity unit under the basin, over-bath shower with clear screen.
* Flooring to include Porcelanosa ceramic floor tiling to bathroom, wood effect vinyl strip floor to ground floor and carpets to stairs, landing and bedrooms.
* Off street parking and paved terrace to rear of all properties.

DISCOUNT MARKET SALE:
The developer is offering these as an alternative to Affordable Housing - under this scheme, you own the home outright - there is no rent to pay, and you buy with a discount of 20-25% on the open market value.

* OPEN MARKET VALUE : £395,000
* 20% discount £316,000
* 25% discount £296,250

The discount stays with the home for future buyers ensuring affordability remains in the village.

Property Type - Leasehold, 999 Years remaining

** LOCAL CRITERIA **
There is a local criteria applied to these homes, each purchaser must:

- Have lived within East Cambridgeshire District or within a 6 mile radius of the site for at least 12 months immediately prior to reservation; OR
- Have close family members (such as parents, children, brothers or sisters) living within East Cambridgeshire District or within a 6 mile radius of the site; OR
- Have their principal place of work within East Cambridgeshire District or within a 6 mile radius of the site for at least 12 months immediately prior to reservation; OR
- Meet special circumstances accepted by the Council, such as:
+ acting as a carer for a qualifying local resident
+ Being a member of the Armed Forces.
- Household earnings must not exceed the gross annual income cap of £80,000.
- You cannot afford to pay more than 80% of the market value of the property
- A mortgage for at least 50% of the discount market price must be obtained
- There must not be any financial interest in any other property
- This must be your main or only residence
- You must be able to legally own a home in the UK
- You must not have more than 50% of the discounted sale price in equity/savings/gifted deposit unless you are vulnerable and have a disability or low-level health issues/other life limiting condition which causes difficulty in accessing suitable and sustainable accommodation in the district or are over 55 years old, when 100% is acceptable.

AGENTS NOTES
The images are CGI generated. Plot, specification and colour may differ, please contact us for more information.