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Tavern Close, Barkway Road is a collection of 8 stunning 4 bedroom properties in the quaint village of Royston.
Reasons to choose Barkway Road
Barkway Road is a development of just eight properties. All are 4 bedroom family homes in the quaint market town of Royston. All properties are built to a luxury standard and come with private parking.
The properties are built to a high specification and offer a stylish range of fitted kitchens, with contemporary white gloss kitchens and quality integrated appliances.
The properties also benefit from beautiful fitted bathrooms with Vogue units, Quadro shower units and Nicolls & Clark floor and wall tiles.
Excellent education choices
Royston boasts a choice of primary schools, along with a ‘good’ Ofsted-rated academy and an ‘outstanding’ sixth form college. Other excellent amenities include a well-resourced library, a museum, a busy leisure centre, an award-winning park and a Picture Palace every weekend at Royston Town Hall.
Excellent local sports facilities
There's various local clubs and societies for anyone passionate about sport and fitness. Football, rugby, hockey, tennis, and squash are all popular sports. There is also a local leisure centre and Royston Golf Club nearby.
Great transport options
Royston station is a short walk at 0.7 miles form the properties and trains just 15 minutes to Cambridge and 37 minutes to London Kings Cross.
Help to Buy is a government scheme designed to help first time buyers who have never owned a property before to advance up the property ladder.
Who is eligible?
Help to Buy: Equity Loan (2021-2023) are available to first time buyers. The home you want to buy must be newly built with a price of up to £407,400 for the East of England (see the Help to Buy site for more regional caps)
How does it work?
With a Help to Buy equity loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.
You must buy your home from a homebuilder registered for Help to Buy: Equity Loan.
The amount you pay for a home depends on where in England you buy it.
When getting a mortgage you will be able to borrow up to a maximum of 4.5 times your salary.
Help to Buy Equity Loan example
For a property worth £400,000
How do I pay back the Help to Buy equity loan?
You must pay back the loan after 25 years or when you sell your home - whichever comes first.
You will not be charged any interest on the 20% loan for the first five years of owning your home.
However a management fee of £1 a month will be applicable from the date of purchase for the duration of the equity loan.
From year six, a fee of 1.75% is payable on the equity loan, which rises annually by CPI (Consumer Price Index) inflation plus 2%.