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Virido

Shared ownership

Foster Rd, Cambridge, CB2 9JP

For salenew home
Photo of Virido
Photo of Virido
Photo of Virido
Photo of Virido
Photo of Virido
Photo of Virido
Live from space album cover
  • from

    £

    1 bedroom

  • from

    £87,000

    2 bedroom

  • from

    £124,500

    3 bedroom

from

£72,500

with min. deposit

£3,625

BMAPG

£87,000

2 bedroom flat

£111,000

2 bedroom flat

£111,000

2 bedroom flat

£111,000

2 bedroom flat

£111,000

2 bedroom flat

£111,000

2 bedroom flat

£111,000

2 bedroom flat

£111,000

2 bedroom flat

£111,000

2 bedroom flat

£111,000

2 bedroom flat

£111,000

2 bedroom flat

£111,000

2 bedroom flat

£112,500

2 bedroom flat

£112,500

2 bedroom flat

£124,500

3 bedroom flat

£122,500

2 bedroom flat

Availability

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

For sale

Minimum share

30%

30%

30%

30%

30%

30%

30%

30%

30%

30%

30%

30%

30%

30%

30%

25%

Full market price

£290,000

£370,000

£370,000

£370,000

£370,000

£370,000

£370,000

£370,000

£370,000

£370,000

£370,000

£370,000

£375,000

£375,000

£415,000

£490,000

Deposit from

£4,350

£5,550

£5,550

£5,550

£5,550

£5,550

£5,550

£5,550

£5,550

£5,550

£5,550

£5,550

£5,625

£5,625

£6,225

£6,125

Monthly rent

£465

£601

£601

£593

£593

£593

£593

£593

£593

£593

£593

£593

£601

£601

£665

£842

Monthly service charge

£122.78

£122.78

£122.78

£122.78

£117

£117

£117

£117

£117

£117

£117

£117

£122.78

£122.78

£117

£113.46

Bedrooms

2

2

2

2

2

2

2

2

2

2

2

2

2

2

3

2

Bathrooms

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

Reception rooms

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

Number of floors

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

Entrance floor

2nd floor

2nd floor

2nd floor

4th floor

1st floor

2nd floor

-

4th floor

1st floor

2nd floor

-

4th floor

-

4th floor

2nd floor

Ground floor

Tenure

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

leasehold

Overview

VIRIDO is a new development built by award-winning house builders Hill. This new complex of 1, 2 and 3-bed apartments, duplexes and houses are available through shared ownership in Cambridge and have just been awarded the London ECO-Living award at the London Evening Standard new homes award on May 2017. 

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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