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2 bedroom apartment for sale

Available

Meadow Lane, CB8 8FZ

£120,000 · Shared Ownership Resale

Share percentage 50%, full price £240,000, £12,000 Min Deposit.

Available
2 bedrooms
1 Bathroom
Communal Garden
Parking
£120,000 Shared Ownership Resale

Share percentage 50%, full price £240,000, £12,000 Min Deposit.

Monthly Cost: £1,033
Rent £303, Service charge £124, Mortgage £606*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Summary

Two bed maisonette close to Newmarket town centre

Description

This well maintained two bed maisonette is situated on a quiet development with a large communal garden and surrounded by green space.

The property comprises of; Two double bedrooms, Open plan lounge/dining/kitchen, Bathroom, Own entrance, Allocated parking and garage, Use of large communal gardens.

This popular developmentis just a short walk to Newmarket town centre where there is an abundance of amenities including supermarkets, schools, leisure centre, restaurants, public houses, hairdressers, cafes, along with high street shops and small businesses.

With easy access to the A14 and A11/M11 there are good transport links to Cambridge and Bury St Edmunds. Newmarket rail station has links to Cambridge and Ipswich.

By registering your interest you agree to your contact details being shared with the seller.

Key Features
  • Two double bedrooms
  • Fantastic starter home
  • Open plan living
  • Allocated parking and garage
  • Desirable location
  • Local amenities
Particulars

Tenure: Leasehold
Lease Length: 84 years
Council Tax Band: B

Property Downloads
Key Information Document
Map
Newmarket (1.01 miles) Dullingham (3.56 miles) Kennett (3.92 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes

Outside Space/Garden: n/a - Communal Garden

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

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.

£120,000
Shared Ownership Resale
Estimated Monthly Cost:£1,033
Rent £303
Service Charge £124
Mortgage £606

Share percentage 50%, full price £240,000, £12,000 Min Deposit. Calculated using a representative rate of 4.59%


The Cambridge Housing Society
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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.