2 bedroom apartment for sale
Meadow Lane, CB8 8FZ
Share percentage 50%, full price £230,000, £11,500 Min Deposit.
Share percentage 50%, full price £230,000, £11,500 Min Deposit.
Monthly Cost: £1,020
Rent £303,
Service charge £133,
Mortgage £584*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Two bed maisonette on a popular, quiet development on the outskirts of Newmarket town
Description
Two bed first floor maisonette on a popular development in Newmarket, just a short drive or walk to the town centre and train station.
Spacious open planning living and two double bedrooms with a modern interior. Bedrooms and bathroom are off the hallway which leads in from the open plan living area. There is ample storage with one large cupboard. The property has it's own entrance and stairway, has one allocated parking space, access to large communal gardens. The front of the property faces onto a forest and is a quiet area.
Set in attractive countryside on the Suffolk/Cambridgeshire border, Newmarket is home to many racing institutions including the National Stud, the National Horseracing Museum, Tattersalls and The Jockey Club. Some of the finest racing in the world is seen on The Rowley Mile and The July Course. The town provides a good range of amenities including schools, shops, supermarkets, hotels, restaurants and leisure facilities, including health clubs, a swimming pool and golf club; Cambridge and Bury St Edmunds offer further amenities. There is excellent access to the A14 and A11 (M11). There is a branch line connection from Newmarket to Cambridge and Ipswich. Cambridge, Audley End and Whittlesford Parkway offer direct rail lines into London, with the fastest trains taking under one hour. Stansted International Airport is approximately 40 minutes' drive.
By registering your interest you agree to your name and contact details being shared with the seller.
Key Features
- Sought after edge of town location
- First floor maisonette
- Open plan lounge/dining area/kitchen
- Two double bedrooms
- Allocated parking plus additional visitor spaces
- Large communal garden
- Close to local amenities
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: B
Property Downloads
Key Information Document Floor Plan 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 50%, full price £230,000, £11,500 Min Deposit. Calculated using a representative rate of 4.64%
