1/40
£110,000
Two bedroom house in great location
You can apply to buy the home if all of the following apply:
- your household income is £80,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
SHARED OWNERSHIP
Full Market Value: £440,000
Share Value (25%): £10,000
Monthly Rent: £909.27
Service Charge: £56.75
Ground Rent: £100 PA
Council Tax Band: D
125 year lease commenced March 2021 - 120 years remaining
Enter this house via a small entrance hall with stairs taking you to the first floor. On the ground floor find a dual aspect living/dining/kitchen area, with the kitchen to the rear of the house overlooking the garden. From the kitchen there is a small lobby with door to the garden and a downstairs cloakroom/WC. On the first floor are two generous doouble bedrooms, each with in-built storage, served by a contemporary family bathroom.
This property is a short distance from the city centre, conveniently placed for many of the College and University Departments. It is also within close proximity of King's College School and St John's College School in nearby Grange Road. The city of Cambridge provides an attractive combination of ancient and modern buildings, winding lanes and the tree lined River Cam, together with extensive shopping and cultural facilities. The city is not only world renowned for its academic achievements but also has become an important centre in the 'high tech' and 'bio tech' industries with the University Research and Development Laboratories, Cambridge Science Park, ARM, Microsoft, AstraZeneca and Addenbrooke's Hospital/Biomedical Campus. London commuters are well served with a mainline railway station about 3.5 miles away and the M11 (junction 13) about 1.5 miles away, provides access to Stansted Airport and the M25.
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 £54,569. If you are offered the home, 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 www.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 February 2026.
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