2 bedroom apartment for sale

Available

New Hall Lane, CB23 6GE

£73,500 · Shared Ownership Resale

Share percentage 35%, full price £210,000, £3,675 Min Deposit.

Available
2 bedrooms
1 Bathroom
Communal Garden
Parking
£73,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £210,000, £3,675 Min Deposit.

Monthly Cost: £878
Rent £448, Service charge £68, Mortgage £362*

Calculated using a representative rate of 3.82%

Calculate estimated monthly costs

£
Eligibility
  • Minimum salaries required are: £34,262 (single), £38,262 (joint) based on a 5% deposit, 5% interest rate and 25 year term
  • Applicants must have access to £3,500 savings to cover purchasing costs. A higher level of savings will be required to obtain a mortgage
  • Applicants must be registered with the Help to Buy Agent, BPHA - www.helptobuyagent3.org.uk - 03333 214044
  • Priority will be given to serving military personnel

Information correct as at February 2022

Summary

Fantastic two bed apartment, with allocated parking - buy with just a 5% deposit*

Description

A fantastic opportunity to own this well presented two bedroom apartment, less than 6 years old, which is available from just £73,500* through shared ownership.

The spacious lounge/dining room has two large windows giving the room a light, bright feel.

The separate kitchen is fitted with modern wooden units with contrasting dark grey work surfaces, stainless steel oven, hob, stainless steel extractor fan and has space for a full height fridge freezer and washing machine.

Both bedrooms are light and airy and provide plenty of flexible living space.

The bathroom which is fitted with a white 3 piece suite, integrated shower in the bath, chrome towel rail and is fully tiled around the bath.

The property is located within a residential area of Great Cambourne in close proximity to shops, restaurants and amenities.Great Cambourne offers a wealth of amenities and facilities including major grocery store, coffee shops, and various take away establishments, library, dry cleaners and sports centres. Additionally it is located close to four primary schools in the area, which all filter into a newly opened secondary school.

For commuters, the apartment isideally located between Cambridge (9 miles East) and St Neots (9 miles West).

Early viewing is highly recommended.

For further information please contact Nimi Patel on 0300 456 0615 Ext 9386

Key Features
  • Buy with just a 5% deposit*
  • Two bedroom apartment
  • Less than 6 years old
  • Allocated parking space
  • Communal gardens
  • Fixtures and fittings to be agreed
  • 99 years from 13 January 2006 - approx 83 years remaining
  • Situated within a residential area of Great Cambourne
  • Close proximity to shops, restaurants and amenities
  • Offers a wealth of amenities and facilities including major grocery store, coffee shops, and various take away establishments, library, dry cleaners and sports centres
  • Located close to four primary schools in the area, which all filter into a newly opened secondary school
  • Located between Cambridge (9 miles East) and St Neots (9 miles West) making it ideal for commuters
  • Current energy efficiency rating: B, Potential: B

*terms and conditions apply

Particulars

Tenure: Not specified
Council Tax Band: Not specified

Map
St Neots Station (7.75 miles) Shepreth (8.42 miles) Foxton (8.70 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£73,500
Shared Ownership Resale
Estimated Monthly Cost:£878
Rent £448
Service Charge £68
Mortgage £362

Share percentage 35%, full price £210,000, £3,675 Min Deposit. Calculated using a representative rate of 3.82%


Clarion Housing Group resales
View properties by this developer
Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.