2 bedroom apartment for sale

Available

Dunmowe Way, CB21 5HW

£108,000 · Shared Ownership Resale

Share percentage 40%, full price £270,000, £5,400 Min Deposit.

Available
2 bedrooms
1 Bathroom
Communal Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£108,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £270,000, £5,400 Min Deposit.

Monthly Cost: £1,073
Rent £341, Service charge £117, Mortgage £615*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

This well presented two bedroom ground floor flat is located in Fulbourn, Cambridgeshire.

Description

The accommodation comprises a kitchen, reception room two bedrooms and a family bathroom. Outside benefits from allocated car parking and communal areas.

Homemade Homes by Accent offers an exciting opportunity for you to get on the property ladder through Shared Ownership. Shared Ownership can reduce your mortgage and deposit requirements, making your dream home more achievable than you might think.

Key Features
  • 40% Shared Ownership
  • 2 bedroom ground floor flat
  • Tenure: Leasehold 112 years remaining
  • Monthly Rent: £341.07
  • Monthly Service Charge: £116.86
  • Full Value: £270,000
  • Allocated Car Parking
  • Communal Gardens
Particulars

Tenure: Leasehold
Lease Length: 112 years
Council Tax Band: B

Property Downloads
Key Information Document Floor Plan Brochure Energy Certificate
Virtual Tour
 
Map
Cambridge Station (3.45 miles) Shelford (3.93 miles) Waterbeach (5.67 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£108,000
Shared Ownership Resale
Estimated Monthly Cost:£1,073
Rent £341
Service Charge £117
Mortgage £615

Share percentage 40%, full price £270,000, £5,400 Min Deposit. Calculated using a representative rate of 5.26%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.