£180,000

SHARED OWNERSHIP

Full Market Value: £450,000

Share Value (40%): £180,000

Monthly Rent: £697.43

Service Charge: £56.75

Ground Rent: £100 PA

Council Tax Band: D

125 year lease commenced January 2020 - 118 years remaining

Enter this house via a small entrance hall with stairs taking you to the first floor. On the ground floor find a dual aspect livng/dining/kitchen area, with the kitchen to the rear of the house overlooking the garden. From the kitchen a small lobby with door to the garden and a downstairs cloakroom/WC. On the first floor are two generous doouble bedrooms, each with in-built storage, served by a contemporary family bathroom.

This property is a short distance from the city centre, conveniently placed for many of the College and University Departments. It is also within close proximity of King's College School and St John's College School in nearby Grange Road. The city of Cambridge provides an attractive combination of ancient and modern buildings, winding lanes and the tree lined River Cam, together with extensive shopping and cultural facilities. The city is not only world renowned for its academic achievements but also has become an important centre in the 'high tech' and 'bio tech' industries with the University Research and Development Laboratories, Cambridge Science Park, ARM, Microsoft, AstraZeneca and Addenbrooke's Hospital/Biomedical Campus. London commuters are well served with a mainline railway station about 3.5 miles away and the M11 (junction 13) about 1.5 miles away, provides access to Stansted Airport and the M25.

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 £62,333. 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 www.lqhomes.com 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 July 2025.

*The £500 Amazon voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st October 2025, and then completes on the sale before 31st January 2026. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.