Summary - 47, Oundle Road, Alwalton PE7 3UP
3 bed 1 bath Terraced
New-build 3-bed with garden and parking—50% share for first-time buyers.
50% Shared Ownership price represents part-buy, part-rent purchase
This three-bedroom mid-terrace is a brand-new build on the Elderbrook development, offered as a Shared Ownership opportunity. The advertised price represents a 50% share, making homeownership more affordable for first-time buyers and growing families. The house has a modern fitted kitchen, open-plan lounge/diner, underfloor heating and double glazing throughout.
The plot is larger than average for the development, with an enclosed rear garden and off-street parking. The home is energy-efficient and finished to a contemporary standard, ready to move into without major renovation. Broadband and mobile signal are strong and the nearby village setting offers a prospering countryside lifestyle while remaining roughly five miles from Peterborough centre.
Important practical points: this is part-buy, part-rent tenure with an initial 50% share and a remaining lease of 125 years. A below-average service charge of £71 applies. The property has one family bathroom and may suit buyers who can manage with a single bathroom or who plan modest internal adjustments in future.
Overall this house suits first-time buyers or young families seeking a modern, low-maintenance home with scope to buy further shares over time. The surrounding area has good schools, local bus links and pleasant village character, balancing commuter convenience with quieter countryside living.
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