This property is no longer on the market
2 bedroom apartment
Key information
Property description & features
- Tenure: Leasehold
- 2 bed apartment in an exclusive gated development
- Open plan kitchen/living/diner
- Full fibre broadband with speeds up to 900 Mbps
- Some images are CGI's
- Luxury en suite to principal bedroom & separate bathroom
- Toshiba air conditioning and heating available on request
- Gated underground car parking with one allocated space
- 10 year Buildzone Warranty
- EPC Rating = D
Description
Plot 62 - A stylish third floor 2 bedroom apartment boasting 654 Sq Ft of internal living accommodation. Comprises an open plan kitchen/living/dining area, principal bedroom with en-suite, second bedroom and a family bathroom.
*Please note: some images are CGI's and of the Show Home - used for illustrative purposes only.*
All prices are quotes for a 50% shared ownership. Properties can be purchased with a share of up to 75%. Minimum deposit & household income is based on a 5% deposit of the 50%, T&C's apply*
What is Home Reach, part buy - part rent? Home Reach is about making home ownership accessible. With Home Reach, you buy a share of your chosen home and pay a low monthly rent on the part you don’t buy. You get to choose whether you buy a bigger share of a cheaper home or a smaller share of a more expensive home. You can initially purchase up to 75% of your chosen home and heylo will become your landlord, granting you a 125-year lease. This means you will be able to live in your home as if you’ve bought it outright. You can buy more of your home in the future and stop paying rent on that part.
Financial Breakdown:
Full market value: £200,000
50% share value from: £100,000
5% deposit from : £5,000
Rent charged on un-owned share: 2. 75%
Rent on un-owned share (50%) £229.16 pcm
Home Reach lease length 125 years
Estimated annual service charge: £981
You are eligible to purchase a Bayard Plaza apartment via Home Reach Property if:
• Your household income does not exceed £80,000
• You have a deposit (at least 5% of the share value) • The property will be your principle home
• You pass a financial affordability assessment
*To check eligibility please contact an independent financial advisor.*
Bayard Plaza offers a modern collection of one and two bedroom apartments and duplex penthouses which have the benefit of balconies and views across the city.
The homes are built to the highest of standards by The Brightfield Group with secure and gated underground parking and automated entry system into the development.
A busy lifestyle can often mean it is hard to spare the time for the little things in life like taking deliveries. Bayard Plaza provides the answer to this with the security and convenience of a concierge service.
For those with a little more time to unwind, the well-equipped residents’ gym provides plenty of opportunity to exercise, tone and focus on overall wellbeing.
If you’re not feeling in the mood for exercise and want to take it easy, you can also enjoy the screening room which seats up to 12 people at a time.
Location
Located at the heart of this bustling city centre, Bayard Plaza is an ideal location for a new home.
Peterborough is the UK’s first Gigabit City, and is considered to be one of the top 5 Tech Hubs in the UK with its city-wide, full-fibre Gigabit network offering ultrafast connectivity.
A £12 million investment has transformed Cathedral Square at the heart of the city into a vibrant restaurant quarter with several more multi-million pound regeneration plans already in the pipeline.
The city centre continues to attract well known restaurants and retailers including Pret A Manger, Bill’s, Cote Brasserie, Five Guys, Prezzo, Pizza Express, Tk Maxx, Topshop, H&M, River Island, SuperDry, Fat Face and much more.
Peterborough is a commuter haven with the central railway station offering fast and direct routes to London.
Square Footage: 654 sq ft
Leasehold with approximately 999 years remaining.
Additional Info
This development complies with the Build Zone Code of Conduct For Home Builders – Find out more
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Property reference CAD210070. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills - Cambridge New Homes.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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