Share percentage 50%, full price £260,000, £6,500 Min Deposit.
Monthly Cost: £1,098
Rent £270,
Service charge £87,
Mortgage £741*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
One-bedroom, ground floor apartment available through Shared Ownership Resales
Description
One-bedroom, ground floor apartment available through Shared Ownership Resales
Well-presented single-bedroom, ground floor flat available for sale through Shared Ownership resale scheme.
This home is finished to a good standard, with a large private garden and modern fixtures and fittings.
Cambridge North Station is less than a mile away, with onward links to London and Cambridge is easily accessible on foot/ by bike via the Rover Camb footpaths.
Ample storage
Private garden
Allocated parking
Great transport links
Key information:
Lease length: 109 years remaining
Council Tax Band: B
Key Features
- Ample storage
- Private garden
- Allocated parking
- Great transport links
Particulars
Tenure: Leasehold
Lease Length: 109 years
Council Tax Band: B
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 50%, full price £260,000, £6,500 Min Deposit. Calculated using a representative rate of 5.26%