Affordable 50% share in a modern two-bed with garden and parking — ideal first step.
50% shared ownership available; purchase price shown £170,000 for 50% share
Modern fitted kitchen and bright open-plan living/dining area
Private rear garden and allocated off-street parking
113 years remaining on lease — check mortgage availability
Monthly rent £323.98; service charge £89.19; total monthly £413.17
Electric room heaters (no gas central heating) and EPC band D
Annual rent increase each April
Fast broadband, excellent mobile signal, low local crime
This bright two-bedroom semi-detached home on Butterfield Drive is offered via Shared Ownership, making it a practical route onto the ladder in a quiet Bassingbourn location. The ground floor has an entrance hall, a modern kitchen and a spacious open-plan living/dining area that opens onto a private rear garden. Two well-proportioned bedrooms and a family bathroom sit on the first floor.
The property is being sold as a 50% share of a £340,000 valuation (purchase price shown £170,000). Monthly outgoings for the share are clear: rent £323.98 plus a service charge of £89.19 (total monthly charge £413.17). A minimum 5% deposit is required for the share. The remaining lease term is 113 years — a healthy length, but one to check with your solicitor and mortgage adviser.
Practical strengths include allocated parking, fast broadband and excellent mobile signal, plus a low-crime, very affluent area with good links to nearby towns. The electric heating (room heaters) and EPC band D are worth noting: running costs may be higher than for gas-heated homes. Service charge applies and the rent increases annually each April.
This home suits first-time buyers or couples looking for an affordable step onto the property ladder who value a modern interior, outside space and straightforward monthly costs. Be aware of the leasehold status, ongoing service charge and the electric heating when assessing affordability and future running costs.
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