1 bedroom apartment for sale
Homerton House, Homerton Street, CB2 8NZ
Share percentage 30%, full price £315,000, £9,450 Min Deposit.
Share percentage 30%, full price £315,000, £9,450 Min Deposit.
Monthly Cost: £1,242
Rent £568,
Service charge £194,
Mortgage £480*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Spacious one bed first floor flat in a prime City centre location
Description
Situated in an ideal location within easy walking distance of Cambridge city centre, local shops and the train station, this one bedroom first floor flat – suitable for a professional single or couple – is for sale through the shared ownership scheme. The property is available for sale as a 30% share, with rent payable on the remaining 70% which is owned by CHS Group. Located within Homerton House, the flat is being sold with the added benefit of no onward chain.
The first floor flat is accessible via lift or stairs. The flat benefits from a long, wide L-shaped entry hallway giving extra storage options. There are two large storage cupboards in the hallway. A generous sized airing cupboard, containing the water tank, currently houses a plumbed-in washing machine and shelving for laundry. The second cupboard contains additional storage space underneath an electricity meter.
All rooms lead off the hallway. The modern bathroom suite is partially tiled with mid-level wash basin containing hot and cold taps, with vanity mirror above, low-level WC and a panelled bath complete with mixed shower over. The comfortable double bedroom, with north facing double glazed window, has a large built-in wardrobe.
The combined open plan living, kitchen and dining area is spacious and benefits from a full height double glazed Juliet balcony giving a good amount of natural light. There are ample storage units in the kitchen, including a full-height larder, plus space for a cooker, fridge freezer and dishwasher.
The flat is well insulated and has low energy storage heaters installed minimising the need for heating and therefore running costs.
By registering your interest you agree to your contact details being shared with the seller.
Key Features
· Spacious double bedroom
· Wide hallway giving extra storage space/accessibility
· Open plan living area
· Well maintained
· Easy walking distance of Cambridge city centre, local shops and train station
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Key Information Document Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 30%, full price £315,000, £9,450 Min Deposit. Calculated using a representative rate of 4.64%
