Share Price £150,000 (from 50% Min. Share)
Full Value £300,000 | £7,500 Min. Deposit
Scheme: Shared Ownership Resalescheck_circle Available now
1 bedroom apartment in Trumpington - Cambridgeshire
place Northcroft House, Nine Wells Road, CB2 9FF
Domovo Asset Sales
One Bedroom Apartment in Trumpington available to purchase through the Shared Ownership scheme
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
This one bedroom third floor apartment is situated in the highly sought after town of Trumpington and is available to purchase through the Shared Ownership scheme.
Full Market Value: £300,000
Share Available: 50%
Monthly Rent: £403.37
Monthly Service Charge: £100.52
All applicants will need to be registered and approved by Help to Buy - this can be done on their website 'Help to Buy Agent 3'.
About the Property
The Apartment comprises: Entrance Hall, Lounge/Kitchen, One Bedroom and Bathroom.
Outside: Communal areas.
The property is situated nearby a host of local amenities, including multiple schools and eating establishments.
Trumpington is a village and former civil parish on the outskirts of Cambridge, England, on the southwest side of the city bordering Cherry Hinton to the east, Grantchester to the west and Great Shelford and Little Shelford to the southeast. 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 50% 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.
- Available Now
- Shared Ownership
- 50% Share Available