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Guide price

£110,000

(£173/sq. ft)

2 bed flat for sale
Meadow Lane, Newmarket CB8

    • 2 beds

    • 1 bath

    • 1 reception

    • 636 sq. ft

  • EPC Rating: C

  • Shared ownership
  • Leasehold

Cheffins - Newmarket

Logo of Cheffins - Newmarket

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

See all recent sales in CB8

Property descriptions and related information displayed on this page are marketing materials provided by - Cheffins - Newmarket. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cheffins - Newmarket for full details and further information.