Fairfields, Ashley, Newmarket, Cambridgeshire, CB8

DISCOUNT MARKETING SALE AT FAIRFIELDS, ASHLEY: Buy a brand new three bedroom house outright at 20% below market value!

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 : £425,000
* 20% discount £340,000
* 25% discount £318,750

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

Each home is being constructed to a superb standard and benefit from an excellent layout:

GROUND FLOOR:
Entrance hall leading to :
- Living room (16'9 x 10'6) with double doors to the garden and dual aspect windows.
- Kitchen/dining (18'5 x 11'4) also with door to the garden and windows to two sides.

FIRST FLOOR:
Bedroom 1 (16'9 x 10'6) with dual aspect windows
Bedroom 2 (11'3 x 10'11)
Bedroom 3 (11'9 x 7'8)

Total size is 1065 sq ft (98.9 sq m)

An excellent specification, benefitting from:

* Underfloor heating to the ground floor powered by an air source heat pump.
* High quality kitchen with shaker style cabinets
* Integrated appliances to include fridge/freezer, dishwasher, single oven, combi oven-microwave, hob, extractor hood
* Bathroom with white contemporary suite from Roca, vanity units under sink and shower over bath.
* Flooring throughout including wood effect strip flooring to the ground floor, carpet to stairs and bedrooms and Porcelanosa tiling to the bathroom.
* Two off-road parking spaces
* Private rear garden with patio area

Property Type - Freehold

** 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.