Flat for sale in Valiant Lane, Cambridge CB5

Shared ownership

Full market value - £275,000

You pay (60%) - £165,000

Monthly rent - £267.20

Monthly service charge - £279.38

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.

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*

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.

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. 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 £50,056. 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 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 June 2024.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. 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. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.