£160,000
2 bed flat for saleFowler Avenue, Cambridge CB2
2 beds
1 bath
EPC Rating: A
- Shared ownership
- Leasehold
Domovo
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About this property
25-75% Share available
2 bedroom
Private balcony
Allocated and secure parking
Excellent location
2 miles to Cambridge City Centre and train station with links to London
Great local amenities
Gas central heating
This 2-bedroom second floor apartment is situated in Trumpington, Cambridge, and is available to purchase through the shared ownership scheme.
Full market value: £400,000
Monthly service charge: £99.57
Monthly rent: £550.50 based on a 40% share
About the property
This property is comprised of:
An entrance hall
Open plan kitchen/dining/living room
Bedroom 1
Bedroom 2
Private balcony
Bathroom
Allocated and secure car parking space.
All main services are connected and there is gas-fired radiator central hearing.
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. Initial shares of between 25% and 75%** of our properties are available, you will pay a subsidised rent on the remaining share.
*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase. Please note: Your home may be repossessed if you do not keep up repayments on your mortgage. Rent/Service Charge are an estimate.
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.
More information
Tenure
Leasehold (99 years)
Service charge
£100 per month
Council tax band
C
Ground rent
Ground rent date of next review
Shared ownership percentage owned
40%
Shared ownership rent
£551 per month