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£87,500

3 bed end terrace house for sale
Mclaren Street, West Cambourne, Cambridge CB23

    • 3 beds

    • 2 baths

    • 1 reception

  • EPC Rating: B

  • Shared ownership
  • Leasehold

SOWN - Shared Ownership

Logo of SOWN - Shared Ownership

About this property

  • Modern end of terrace home

  • Three bedrooms

  • Two bathrooms

  • Private garden

  • Parking

  • Well planned accommodation

  • Beautifully presented throughout

Shared Ownership

This superb modern home is available to buy from as little as £87,500 with a 25% share!

This attractive end-of-terrace home in the popular West Cambourne area offers spacious, well-planned accommodation ideal for modern family living. Positioned in a friendly neighbourhood with great access to local amenities, it provides a comfortable blend of open living space, generous bedrooms and practical features throughout.
The ground floor welcomes you with a bright, airy reception room stretching across the rear of the property, enjoying direct access to the garden-perfect for relaxing or entertaining. At the front, the contemporary kitchen provides ample workspace, modern fittings and plenty of room for day-to-day cooking and dining. A central hallway links the spaces seamlessly and includes a useful cloakroom and understairs storage.
Upstairs, the home offers three well-proportioned bedrooms, including a spacious main bedroom and two additional rooms that work beautifully as children’s rooms, guest rooms, or home offices. A family bathroom completes the first floor, designed with convenience and comfort in mind.
With its end-terrace position providing extra privacy, a practical layout and a welcoming feel throughout, this property makes an ideal choice for families, first-time buyers, or anyone seeking a well-located home in a thriving community.

West Cambourne is a vibrant and family-friendly community, offering an excellent balance of amenities, green spaces and convenient transport links. The area benefits from well-regarded schools, local shops, cafés and parks all within easy reach, as well as larger supermarkets and community facilities close by. Scenic walking and cycling routes weave throughout Cambourne, creating a relaxed village feel while still providing everything you need day to day. Commuters enjoy straightforward access to Cambridge via regular bus services and nearby road links, including the A428, which connects directly to the city and onward towards the M11. With its strong sense of community and superb convenience, West Cambourne continues to be a highly sought-after place to live.
Pricing & affordability


Full Market Value: £350,000

25% Share Price: £87,500 (rent £682.86 pcm)
Minimum 5% Mortgage Deposit (25% share): £4,375
Approximate Service Charges: £97.95 pcm*
Lease: 989 years
Eligibility


Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

** This home can also be purchased outright (100% of the value) which is £350,000 and a purchaser would not need to meet the eligibility criteria listed above.

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More information

  • Tenure

    Leasehold (989 years)

  • Service charge

    £1,175 per year

  • Council tax band

    A band has not yet been confirmed.

  • Ground rent

  • Ground rent date of next review

See all recent sales in CB23

Property descriptions and related information displayed on this page are marketing materials provided by - SOWN - Shared Ownership. 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 SOWN - Shared Ownership for full details and further information.