2 bedroom apartment for sale
Great Northern Road, Cambridge, CB1 2FY
Share percentage 25%, full price £420,000, £10,500 Min Deposit.
Share percentage 25%, full price £420,000, £10,500 Min Deposit.
Monthly Cost: £1,429
Rent £720,
Service charge £176,
Mortgage £533*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A fantastic two-bedroom apartment with balcony in Cambridge
Description
Explore picturesque gardens, and awe-inspiring architecture. Indulge in the diverse culinary scene, from quaint cafes to upscale dining options. Enjoy leisurely walks along the tranquil River Cam or partake in punting for a quintessential Cambridge experience. Cultural enthusiasts will appreciate the numerous museums, galleries, and theatres, while shopping enthusiasts can peruse the eclectic boutiques and markets. With its perfect blend of academic allure and cultural richness, this apartment not only provides a comfortable home but also an opportunity to savour the unique charm of life in Cambridge.
Key Features
What happens after I register my interest?
Tenure: Leasehold
Remaining lease term: 118 years
Annual ground rent amount: £0
Ground rent review period: No ground rent to pay until final staircasing.
Annual service charge amount: £2,106.96
Service charge review period: Annually
Council tax band: D
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: D
Map
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 25%, full price £420,000, £10,500 Min Deposit. Calculated using a representative rate of 4.64%