1 bedroom apartment for sale

Available

Homerton House, Homerton Street, CB2 8NZ

£93,000 · Shared Ownership Resale

Share percentage 30%, full price £310,000, £4,650 Min Deposit.

Available
1 bedroom
1 Bathroom
£93,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £310,000, £4,650 Min Deposit.

Monthly Cost: £1,153
Rent £483, Service charge £192, Mortgage £478*

Calculated using a representative rate of 4.24%

Calculate estimated monthly costs

£
Eligibility
  • Help to Buy registration required (www.helptobuyagent3.org.uk)
Summary

Spacious one bed apartment in a City centre location

Description

A one double bedroom spacious third floor apartment in a great location. This property is for sale through the shared ownership scheme with 30% initial share available. The apartment has a good energy rating requiring minimal heating and has the benefit of a secure bike store.

Centrally located close to shops and restaurants and a short distance from Cambridge rail station with direct links to London, this apartment is ideally suited to a professional person or couple. 

The property comprises of: Entrance in to hallway with airing cupboard housing the boiler and fitted with shelving for storage and a second storage cupboard with hanging rail. Large double bedroom (4.7 x 2.5m) with a South facing window, double built in wardrobe, aerial point and storage heater.  Bathroom (2.3 x 2m) including bath with integrated shower, toilet, basin, towel rail, wall storage units, extractor fan, shaver socket. Open plan living and kitchen area with space for a dining table. Lounge area (4.6 x 3.3m) with floor to ceiling South facing window, phone and TV aerial sockets, storage heater. Kitchen (3.2 x 2.5m) with space for fridge/freezer, washing machine and cooker, extractor fan, larder cupboard, wall and base units, granite style worktops. 

White goods available by separate negotiation.

Please note that by registering your interest in this property you agree to your contact details being shared with the seller.

Key Features
  • Spacious accommodation
  • Open plan living
  • Well maintained
  • Private managed apartment block
  • Close to amenities
  • Short distance to Cambridge rail station
  • Great location
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Energy Certificate
Map
Cambridge Station (0.42 miles) Shelford (2.69 miles) Waterbeach (5.72 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£93,000
Shared Ownership Resale
Estimated Monthly Cost:£1,153
Rent £483
Service Charge £192
Mortgage £478

Share percentage 30%, full price £310,000, £4,650 Min Deposit. Calculated using a representative rate of 4.24%


The Cambridge Housing Society
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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.