Guide price
£110,000
(£173/sq. ft)
2 bed flat for saleMeadow Lane, Newmarket CB8
2 beds
1 bath
1 reception
636 sq. ft
EPC Rating: C
- Shared ownership
- Leasehold
Cheffins - Newmarket
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About this property
50% Equity Share
Ground Floor Apartment
2 Bedrooms
Open Plan Kitchen/Living Room
Allocated Parking Space
A 2 bedroom ground floor apartment located in a quiet cul-de-sac position on this popular development. The property benefits from an open plan living room/kitchen, 2 bedrooms, a bathroom, communal gardens and an allocated parking space. The property is offered as a 50% equity share.
Entrance Porch
With entrance door, radiator, electrics.
Open Plan Living Room (5.41m x 3.73m (17'9 x 12'3))
With 2 radiators and 2 windows to the front aspect.
Open Plan Kitchen (3.66m x 1.98m (12 x 6'6))
With a range of matching wall and base units with stainless steel sink, water softener, space and plumbing for appliances, wall mounted gas boiler, a storage cupboard, vinyl flooring, tiled splashbacks.
Inner Hallway
With a storage cupboard.
Bedroom 1 (3.53m x 3.05m (11'7 x 10))
With a radiator, window to the rear aspect.
Bedroom 2 (3.07m x 2.26m (10'1 x 7'5))
With a radiator, window to the rear aspect.
Bathroom (2.08m x 1.93m (6'10 x 6'4))
With a 3 piece suite comprising a low level WC, side panel bath with shower over and glass screen, tiled splashbacks, pedestal wash hand basin, radiator, extractor fan.
Outside
The front of the property is enclosed by hedgerow with a path leading to the entrance door and a small lawned area.
Communal gardens to the rear and an allocated parking space to the side.
Sales Agents Notes
Tenure - Leasehold (50% Shared Ownership)
Length of Lease - 84 years remaining
Monthly Rent on Remaining 50% Share - £303.17
Monthly Service Charge – £124.25
Typically, Shared Ownership properties are purchased by first time buyers but if you have owned a property before, you may still be eligible as long as your household income will be below £80,000 and you do not own another property at the time of purchasing the shared ownership property. To find out more contact The Cambridge Housing Society and/or visit .
For more information on this property, please refer to the Material Information Brochure on our website.
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More information
Tenure
Leasehold (84 years)
Service charge
£1,491 per year
Council tax band
B
Ground rent
Ground rent date of next review
Shared ownership percentage owned
50%
Shared ownership rent
£303 per month