Flat for sale in Cambridge 8Xb, Cambridge CB5

Shared Ownership

Full Market Value: £365,000

Share Value (25%): £91,250

Monthly Rent: £583.72

Service Charge: £344.37

Council Tax Band: C

990 year lease commenced January 2022 - 987 years remaining

EWS1 - 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.

L&Q welcomes you to view this two bedroom, second floor apartment.

This bright and spacious apartment consists of an open-plan kitchen and living area, flooded with natural light from wide floor length windows. The kitchen is fitted with white high gloss wall and base units with under cupboard lighting, and a wood effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. Spacious main double bedroom, bright and airy second double bedroom, benefitting from built-in wardrobes. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. Additional storage cupboards in hallway. Allocated parking space.

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. 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 £52,056. 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 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 2024.