Catalyst has launched its latest development of two and three bedroom Shared Ownership homes at Caddington W
oods in the stunning semi-rural location of Chaul End, Caddington, Bedfordshire.
The Shared Ownership homes are perfectly placed for commuters, with the nearest station, Manor Road Caddington, being just over one mile and Luton station just 3.9 miles away, making Central London within easy reach in under 25 minutes.
The homes also enjoy a sought after semi-rural position, overlooking vast areas of open countryside, including the local golf course yet within five miles of Luton Airport.
Gareth Gow, Area Sales Manager for Catalyst comments, “The homes at Caddington Woods are ideal for those who need to commute to Central London or nearby towns such as Luton or Dunstable, but are looking for a more rural lifestyle to enjoy at the weekends. We have already received a great deal of interest in the homes, which feature a selection of integrated appliances and I urge those who are interested to register before it is too late.”
The homes at Caddington Woods will feature a contemporary Symphony Woodbury kitchen in white with integrated gas hob and electric oven along with an integrated fridge/freezer, dishwasher and washing machine. There is also Amitico Spacia Wood flooring to the hall and living room and carpets to the bedrooms, stairs and landing. Each home has a private front and back garden.
Gareth continues, “Our Shared Ownership homes represents an excellent opportunity to get on the property ladder and join a vibrant new community which is being created by Redrow Homes at Caddington Woods.
“Essentially, Shared Ownership gives first time buyers and those that do not currently own a home a more affordable way to get on the property ladder and purchase a share in a new build home. You pay a mortgage on the share you own, and then pay rent to Catalyst on the remaining share. It often works out cheaper than renting a property.
“Because you only need a mortgage for the share you are purchasing, the amount of money required for a deposit is a lot lower when compared to the amount that would be required when purchasing outright. Purchasers also have the option to increase their share during their time in the property via a process known as ‘staircasing’.”
Despite its rural location, Caddington Woods enjoys excellent links by road, with the A5 just a few miles away, as is junction 11 of the M1, linking you to London. There are a superb range of dining options around with the Spice Restaurant in Caddington and well regarded Frog and Rhubarb in Woodside, along with a choice of popular gastro pubs. Further afield is the award winning White Horse at Hatching Green and also a wide selection in nearby Luton. There is plenty of shopping locations including Milton Keynes and the Galleria in Hatfield which is just half an hour away.
Prices start from £130,000 for a 40% share of a two bedroom home and from £138,000 for a 40% share of a three bedroom home. To register your interest or book a viewing please email sales@chg.org.uk. For further information please call 0300 456 2069.
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