Piggott Close, Melbourn, Royston, SG8

Built in 2021 by the highly regarded Stonebond, this beautifully presented three-bedroom home is offered on a 25% shared ownership basis and represents an ideal opportunity for first-time buyers to step onto the property ladder. Finished to an exceptional standard throughout, the property combines contemporary design with practical family living.

Upon entering the home, you are welcomed by a spacious and inviting entrance hallway, setting the tone for the quality found throughout. A generous utility/cloakroom provides excellent additional storage and convenience. The heart of the home is the impressive open-plan Kitchen/Dining/Living space, thoughtfully designed to maximise light and space, making it ideal for both everyday living and entertaining. French doors open directly onto the rear garden, seamlessly blending indoor and outdoor living.

To the first floor, the property offers three well-proportioned bedrooms, each presented in immaculate condition, alongside a stylish family bathroom suite finished to a high modern standard.

Further benefits include two allocated parking spaces, a long lease with 121 years remaining with potential to staircase upto 100% and excellent energy efficiency with an EPC rating of B (86), helping to keep running costs to a minimum.

This is a superbly maintained, modern home in a sought-after village location, perfectly suited to those seeking a high-quality, low-maintenance first purchase.

Melbourn is a highly desirable South Cambridgeshire village, offering the perfect balance of rural charm and excellent connectivity. The village boasts a strong sense of community alongside a range of everyday amenities, including local shops, a Co-operative supermarket, pubs, cafés, schools, and healthcare facilities.

The nearby market town of Royston provides a wider selection of shopping, leisure, and dining options, as well as a mainline railway station offering fast and direct services to London King’s Cross and Cambridge, making the area ideal for commuters.

Surrounded by beautiful countryside, Melbourn enjoys easy access to scenic walks and outdoor pursuits, while also benefiting from proximity to major road links such as the A10 and A505, connecting to Cambridge, Hertfordshire, and beyond. The area is particularly popular with professionals, young families, and first-time buyers seeking quality of life without compromising on accessibility.

Requirements and Conditions associated with the property:

Council Approval & Affordability Checks the Council must approve any prospective purchaser and will carry out both affordability and eligibility check to ensure they meet the criteria for shared ownership.

Local Connection Requirement the property is subject to a local connection condition.

Prospective buyers must have a local connection to Melbourn applicants with a connection to the secondary priority villages—Gt & Lt Chishill, Shepreth or Fowlmere—may also be considered.

If no eligible buyer with a local connection to the specified villages is found within eight weeks, the local connection requirement may be allowed to fall away, subject to Council approval, allowing the property to be sold to a buyer with a local connection to South Cambridgeshire District.

Share for Sale the vendors are selling their 25% share of the property, based on the current market value of £425,000 (as determined by the RICS survey). This equates to a sale price of £106,250 for the share.

Eligibility for Shared Ownership All prospective buyers must meet the eligibility criteria for shared ownership. The Council will verify this as part of the approval process.

Staircasing & Freehold the lease includes the option to staircase to 100% ownership, but this can only happen after the property has been purchased. Staircasing cannot occur on completion. Please note that staircasing is restricted to a minimum of 10% and a maximum of 25% at any one time.

Management & Service Charges There is a separate management company for the development, and you pay your annual estate management fees directly to them. Buyers will need to enter into a Deed of Covenant to agree to pay this estate charge to the management company.

The Council also collects the buildings insurance for the property, which is billed annually in arrears.

Shared Ownership 25% Share
South Cambridgeshire District Council
Council Tax Band - "D"
EPC - 86/B

Important information for potential purchasers
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Buyers information

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers and ID. There is a nominal charge of £80 inc VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to advertise a property or issue a memorandum of sale until the checks are complete.

Referral fees
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Thomas Morris.