1 bedroom apartment for sale
12 Homerton House, Homerton Street, CB2 8NZ
Share percentage 40%, full price £270,000, £10,800 Min Deposit.
Share percentage 40%, full price £270,000, £10,800 Min Deposit.
Monthly Cost: £1,260
Rent £485,
Service charge £227,
Mortgage £548*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Spacious one bed third floor flat in a desirable location close to Cambridge city centre
Description
Homerton House is located a short walk from Cambridge city centre and has convenient grocery shops and restaurants at the leisure park which is a couple of minutes walk from the property along with a gym and cinema.
This spacious well maintained one bedroom flat is ideal for those working in the city or needing to travel to London by train with Cambridge rail station nearby. The property comprises of an open plan lounge and kitchen filled with light from the full height window in the lounge area. The kitchen has space for an oven, washing machine and fridge freezer with ample storage. The generous sized bedroom benefits from plenty of natural light from the large window and the bathroom includes a bath with shower, toilet and wash basin. There is lift access to the flat and outside is a secure bike storage area.
Currently available at a minimum 40% share but with the opportunity to purchase a higher share or own the property outright.
By registering your interest you agree to your contact details being shared with the seller.
Key Features
- Spacious accommodation
- Sought after location
- Close to the city centre and rail station
- Local amenities
- Generous double bedroom
Particulars
Tenure: Leasehold
Lease Length: 109 years
Council Tax Band: C
Property Downloads
Key Information Document Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 40%, full price £270,000, £10,800 Min Deposit. Calculated using a representative rate of 4.64%
