Available

£112,500

Hering Road, Trumpington, CB2 9GW
Share 25% / Full price £450,000 / Min deposit £5,625

Apartment
2 bedrooms
1 bathroom

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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.
Description

This 2 Bedroom ground floor apartment is situated in Trumpington, Cambridge and is available to purchase through the Shared Ownership scheme.

Full Market Value: £450,000

Share Available: £112,500

Monthly Rent: £830.53

Monthly Service Charge: £157.38

Remaining Lease Term: 120

About the Property

Communal Entrance - With lift and stairs access to the top floor, rear door leading to the shared landscaped gardens and access to the secure car park

Entrance Hall - With solid, wood effect flooring, spacious storage cupboards and access to all living spaces.

Sitting Room/Kitchen/Diner - With wood effect flooring, LED spotlights in the Kitchen area and LED downlighters in the sitting room. Large, double-glazed window in the sitting area and outward opening door access to the private terrace. The Kitchen features a bright window and benefits from a built-in fan oven, fridge freezer and extractor fan. The worktop features the built-in hobs, a stainless-steel sink and hot and cold mixer tap, as well as a draining board.

Master Bedroom – Double room with carpets and floor to ceiling, double glazed window which allows lots of natural light to flood in.

Bedroom 2 – 2nd double bedroom with carpets and double-glazed floor to ceiling window.

Bathroom – Comprises of a three-piece suite with a walk-in shower.

Terrace – Private and overlooking greenery in Hobson’s Brook

Parking – One allocated parking space in a secure, fob activated parking area with shutter entrance

About the Area

Trumpington is a village and former civil parish on the outskirts of Cambridge, England, bordering Cherry Hinton, Grantchester, Great Shelford, and Little Shelford. The village is an electoral ward of the City of Cambridge.

The nearby central square is set to become an attractive focal point for the whole development, with proposed neighbourhood facilities incorporating a health centre, library, shops and offices, plus a transport hub which will offer access onto the Cambridgeshire Guided Busway.

Shared Ownership, how does it work?

If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. This property has a share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.

*Properties are offered as leasehold.

**Some properties are restricted to the level of share you can purchase.

Disclaimer

The information provided by Domovo, the sales and marketing brand for bpha, is prepared as a general guide only and should not be relied upon as a basis to enter into a legal contract or to commit expenditure. All measurements are approximate. Floorplans are for illustration purposes only. Photographs/CGIs provided are for guidance only and may not reflect items included in the property sale. Any interested party is advised to check the measurements and to consult their own surveyor, solicitor and/or other professionals before committing themselves to any expenditure or other legal commitments.

Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.

Description

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Key features

Material information

Key Information Document Floor plan Energy Certificate
Local area information
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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.
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£112,500 Shared Ownership Resale Full price £450,000
Estimated monthly cost £1,599
£

How is this calculated?

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