2 bed Flat For Sale £105,000
This 2 bedroom first floor apartment is situated in Trumpington Meadows, Cambridge, and is available to purchase through the Shared Ownership scheme.
Full Market Value: £350,000
Share Available: 30%
Monthly Rent: £424.76
Monthly Service Charge: £102.90
Remaining Lease Term: 116 years
About the Property
As you enter the property you will be in the entrance hallway with access to all rooms. To the left there are two built in storage cupboards, with the bathroom at the end of the hallway, featuring bath and shower facilities. Next to the bathroom sits the two bedrooms, both featuring large floor to ceiling windows. At the other end of the hallway is the spacious kitchen/living room. With the kitchen area lining one wall, there is plenty of counter and cupboard space, and an integrated oven with gas hobs and extractor hood. There is space for a dining table as well as a lounge area. The property also benefits from sliding french doors leading out to the private balcony.
Externally, there is allocated parking.
All main services are connected to the property.
About the Area
Trumpington is a village and former civil parish on the outskirts of Cambridge, England, bordering Cherry Hinton, Grantchester, Great Shelford, and Little Shelford. The village is an electoral ward of the City of Cambridge.
The nearby central square is set to become an attractive focal point for the whole development, with proposed neighbourhood facilities incorporating a health centre, library, shops and offices, plus a transport hub which will offer access onto the Cambridgeshire Guided Busway.
Shared Ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. This property has a 30% share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.
*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.
All applicants will need to be approved by Help to Buy at their website.
Full Market Value: £350,000
Share Available: 30%
Monthly Rent: £424.76
Monthly Service Charge: £102.90
Remaining Lease Term: 116 years
About the Property
As you enter the property you will be in the entrance hallway with access to all rooms. To the left there are two built in storage cupboards, with the bathroom at the end of the hallway, featuring bath and shower facilities. Next to the bathroom sits the two bedrooms, both featuring large floor to ceiling windows. At the other end of the hallway is the spacious kitchen/living room. With the kitchen area lining one wall, there is plenty of counter and cupboard space, and an integrated oven with gas hobs and extractor hood. There is space for a dining table as well as a lounge area. The property also benefits from sliding french doors leading out to the private balcony.
Externally, there is allocated parking.
All main services are connected to the property.
About the Area
Trumpington is a village and former civil parish on the outskirts of Cambridge, England, bordering Cherry Hinton, Grantchester, Great Shelford, and Little Shelford. The village is an electoral ward of the City of Cambridge.
The nearby central square is set to become an attractive focal point for the whole development, with proposed neighbourhood facilities incorporating a health centre, library, shops and offices, plus a transport hub which will offer access onto the Cambridgeshire Guided Busway.
Shared Ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. This property has a 30% share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.
*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.
All applicants will need to be approved by Help to Buy at their website.
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