2 bedroom apartment for sale
Farmers Row, CB21 5HL
Share percentage 40%, full price £275,000, £5,500 Min Deposit.
Share percentage 40%, full price £275,000, £5,500 Min Deposit.
Monthly Cost: £1,098
Rent £368,
Service charge £117,
Mortgage £613*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
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 modern two-bedroom, first-floor flat offers a fantastic opportunity for first-time buyers or those looking to step onto the property ladder through 40% shared ownership.
Description
This modern two-bedroom, first-floor flat offers a fantastic opportunity for first-time buyers or those looking to step onto the property ladder through 40% shared ownership.
With an EPC rating of B, the property ensures energy efficiency and lower utility bills, making it an attractive option for anyone looking for comfort and sustainability. The flat benefits from a well-thought-out layout, offering two spacious bedrooms, a contemporary kitchen, and a welcoming living area.
For added convenience, the property includes one allocated parking space, making it ideal for those with a vehicle. Set in the peaceful village of Fulbourn, the location provides easy access to Cambridge and surrounding areas, perfect for commuters and those looking to enjoy village life with city amenities nearby.
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
- Shared Ownership available from 40%
- 2 Bedroom First Floor Flat
- Tenure: Leasehold - 114 years remaining
- Car Parking: Allocated Car Parking Space
- Council Tax Band: "B"
- Energy Rating: "B"
- Full Value £275,000
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: B
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
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 £275,000, £5,500 Min Deposit. Calculated using a representative rate of 5.03%
