£144,000 for a 40% share
Open Market Value: £360,000
From £520 per calendar month
Service Charge: £32.26
Available on shared ownership 1
4 Cedar Corner, Hitchin
A 3 bedroom house with off road parking for two cars and good size garden including patio area and shed. The kitchen, lounge diner and downstairs cloakroom are linked by a large entrance hall. Upstairs there are two spacious double bedrooms and a generous single, currently used as an office.
This is an ideal family or starter home in the town of Stotfold. There are several parks, schools for all ages, good train links to London and Cambridge and links to the A1 all within minutes of the property.
The property is in a prime location for the local shops and amenities and also boasts wonderful countryside, all within a few minutes walk.
The seller is currently accepting viewings and if you would like to arrange a viewing, please contact the seller on the details below.
Seller Name: Christopher Shortland
Seller Contact Details: 07508235088
As a shared ownership home, you will need to be eligible for Shared Ownership.
As a reminder, to be eligible for shared ownership you will need to evidence:
• your household income is £80,000 a year or less (£90,000 a year or less in London)
• you cannot afford all of the deposit and mortgage payments for a home that meets your needs
One of the following must also be true:
• you’re a first-time buyer
• you used to own a home but cannot afford to buy one now
• you’re forming a new household - for example, after a relationship breakdown
• you’re an existing shared owner, and you want to move
• you own a home and want to move but cannot afford a new home that meets your needs
Please take note of the minimum income, £49,944 and minimum deposit £9,700 for this property.
If you make a successful offer to the seller after your viewing, they will let us know and we will then be able to refer you for a financial assessment with an Independent Financial Advisor. This is compulsory for all Shared Ownership purchases and does not interfere with any mortgage arrangements you have already made. They will complete an assessment but you are not obliged to use them afterwards to arrange your mortgage, but can if you wish.
Please let us know if you need any further information and good luck with your viewing.
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