2 bedroom apartment for sale
Fitzroy Close, West Cambourne, CB23 6NE
Share percentage 25%, full price £251,000, £3,138 Min Deposit.
Share percentage 25%, full price £251,000, £3,138 Min Deposit
Monthly Cost: £909
Rent £490,
Service charge £78,
Mortgage £341*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in South Cambridgeshire, Cambridge
Description
Bright and modern two-bedroom apartment now available in Cambourne through Shared Ownership.
The property features an entrance hallway, an open plan living room and kitchen, two bedrooms, and one bathroom.
The property is on the second floor and offers residents a private balcony and parking.
Available for £62,750 for 25% share based on the marketing figure of £251,000.
Monthly rent - £489.76
Monthly Service Charge - £78.45
Total Monthly Charge - £568.21 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property is nestled in the heart of West Cambourne. The area offers a wide range of amenities within a 5–10 minute drive, including local markets, fitness centres, healthcare clinics, and green spaces. Residents enjoy easy access to parks, play areas, and nature reserves, with walking and cycling routes connecting the neighbourhood. Schools and a medical practice are less than a mile away, while additional shops and leisure facilities are conveniently spread throughout Cambourne.
Transport links are excellent, with nearby bus services connecting Cambridge in around 30 minutes. The closest train stations - St Neots and Cambridge North - are reachable in 20–30 minutes by car, offering direct services to central London in approximately 50–70 minutes.
EPC ratingEnergy rating band - B
Environmental rating band - B
Lease informationYears remaining on lease: 988
In certain cases, 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.
Other informationHow we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by SO Resi and MTVH
You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
Key Features
- Two-bedroom apartment
- Private balcony
- Parking
- Local amenities nearby
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Leasehold
Lease Length: 988 years
Council Tax Band: Not specified
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: n/a
Outside Space/Garden: n/a
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 25%, full price £251,000, £3,138 Min Deposit. Calculated using a representative rate of 4.78%
