1 bedroom apartment for sale
Stanley Webb Close, Cambridge, CB22 3FE
Share percentage 60%, full price £195,000, £5,850 Min Deposit.
Share percentage 60%, full price £195,000, £5,850 Min Deposit.
Monthly Cost: £926
Rent £222,
Service charge £37,
Mortgage £667*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Cambridge, Cambridgeshire
Description
This modern and spacious one-bedroom apartment in Cambridge is now available for Shared Ownership.
This property comprises a large living room, a separate kitchen, one bedroom, a bathroom, a garden, and a private parking space. This apartment is ideal for a single person or couple.
This property is situated in between Pampisford and Lynton Way Park. Both parks are within walking distance of the apartment, perfect for those with pets or outdoor lovers.
Whittleford Parkway Station Train is a 10-minute drive from the property. One can be in London Kings Cross in under an hour and a half.
Available for £117,000 for 60% share based on the marketing figure of £195,000.
Monthly rent - £222.28
Monthly Service Charge - £37.42
Total Monthly Charge - £259.70 plus mortgage required for 60% share.
An annual rent increase takes place every April
EPC ratingEnergy rating band - C
Environmental impact band - D
Gross internal floor area: 48 m²
Living room: 4.60 x 3.58 m
kitchen: 3.58 x 2.36 m
Bedroom 1: 3.91 x 3.30 m
Years remaining on lease: 109
The remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- One bedroom
- Open plan lounge and kitchen
- Private parking space
- Back garden
- Available for 60% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 60%, full price £195,000, £5,850 Min Deposit. Calculated using a representative rate of 5.26%