2 bedroom apartment for sale

Available

Wellbrook Way, CB3 0FW

£124,000 · Shared Ownership Resale

Share percentage 40%, full price £310,000, £6,200 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£124,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £310,000, £6,200 Min Deposit.

Monthly Cost: £1,153
Rent £423, Service charge £31, Mortgage £699*

Calculated using a representative rate of 5.15%

Calculate estimated monthly costs

£
Eligibility

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.
Summary

2 Bedroom Flat

Description

A purpose-built ground-floor flat in a three-storey block of approximately 12 units.

Ground Floor: Hallway, family bathroom, bedroom one, bedroom two, kitchen/breakfast room.
Parking: One off-road space.

There are approximately 123 years remaining on the lease.

Please note that there is a staircasing restriction of 80% on this property.

Please note, before a viewing can be arranged you will be required to provide photographic Identification which will be passed to the Vendor.

Particulars

Tenure: Leasehold
Council Tax Band: B

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
Cambridge Station (3.22 miles) Waterbeach (5.03 miles) Shelford (6.00 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.

£124,000
Shared Ownership Resale
Estimated Monthly Cost:£1,153
Rent £423
Service Charge £31
Mortgage £699

Share percentage 40%, full price £310,000, £6,200 Min Deposit. Calculated using a representative rate of 5.15%


Paradigm Housing Group
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.