1 bedroom apartment for sale
Valiant Lane, Cambridge, Cambridge, CB5 8XB
Share percentage 55%, full price £280,000, £15,400 Min Deposit.
Share percentage 55%, full price £280,000, £15,400 Min Deposit
Monthly Cost: £1,317
Rent £316,
Service charge £237,
Mortgage £764*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
Modern purpose-built apartment at MarleighMake this home your own, enjoy a £500 B&Q Voucher on completion*
Description
SHARED OWNERSHIP
Full market value - £280,000
You pay (55%) - £154,000
Monthly rent - £316.00
Monthly service charge - £301.90
Annual ground rent - N/A
Council Tax Band: B
990 year lease commenced January 2022 - 987 years remaining
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Make this home your own, enjoy a £500 B&Q Voucher on completion*
Enter this apartment via the hallway, which contains two large stores. The open plan reception area includes a high quality kitchen with integrated appliances. The room opens onto a south facing balcony large enough to use for relaxing and dining. A generous double bedroom with fitted wardrobe and a contemporary bathroom complete the accommodation.
Within the development find a Co-op, Fitness and well being studios, a Community Centre, Primary School Academy, Nursery, Italian cafe and deli. There are also large green open spaces, several play areas, woodlands, sports fields under construction and allotments. It's also just a short walk to the river Cam and Ditton Meadows.
Cambridge is regularly voted one of the best places in Britain to live and work. The open green spaces of Stourbridge Commons and Ditton Meadows are a favourite spot with locals for walking and summer picnics, with many more parks scattered around the city.The city has an eclectic mix of food and drink destinations, while Cambridge's shopping scene takes in the big High Street names and one-of-a-kind boutiques.
Frequent train services take commuters working in London to King's Cross in under 50 minutes, and Liverpool Street in just over an hour. L&Q at Marleigh's handy access to the A14 and M11 makes getting around by car just as easy. Those who'd rather travel by bike are well taken care of, with a choice of cycle routes. You are just a two minute walk to the Park and Ride. The airport is just a few minutes in the car with Stanstead and Luton accessible in under an hour.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £52,575. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of August 2025.
*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.
Key Features
- Sought after area
- Secure allocated covered parking
- Long lease
- High quality specification
- Integrated ventilation system
- Beautiful communal gardens
Particulars
Tenure: Leasehold
Lease Length: 986 years
Council Tax Band: B
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Communal Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 55%, full price £280,000, £15,400 Min Deposit. Calculated using a representative rate of 4.42%