£62,500

This bright and charming two-bedroom apartment is now available in Cambridgeshire through Shared Ownership.

The property on the second floor comprises an entrance hall with storage, a spacious living room with a modern, open-plan kitchen, two good-sized bedrooms, and a bathroom.

Outside, there is a private balcony, two allocated parking spaces and an EV charger. Perfect for couples and small families

Available for £62,500 for 25% share based on the marketing figure of £250,000.

Monthly rent - £452.28
Monthly Service Charge - £82.70
Total Monthly Charge - £534.98 plus mortgage required for 25% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

West Cambourne is a lovely place to live in South Cambridgeshire. It is a new village with a friendly atmosphere and beautiful surroundings. The community is small but very welcoming, which makes it easy to meet neighbours and make new friends.

There are nice green spaces where families can enjoy picnics or play outside. The area has good schools nearby, making it an excellent place for children. Shopping and other services are just a short drive away, making life convenient.

Public transport is available for those who need to travel to nearby towns or Cambridge city. West Cambourne has a peaceful feel, with lovely walks and cycling paths for everyone to enjoy. People who live here appreciate the quiet life, surrounded by nature, while still being close to everything they might need. Overall, living in West Cambourne is a pleasant experience for families and individuals alike.

Energy rating band - B
Environmental impact band - B

Years remaining on lease: 989

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.

How 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.