2 bed flat for sale

Nicol Walk, South Cambridgeshire, Cambridgeshire CB23

This bright and spacious two bedroom apartment is now available in West Cambourne, South Cambridgeshire through Shared Ownership.

The property on the first floor comprises an open plan living room/kitchen, two good-sized bedrooms and one bathroom.

Outside, the property also benefits from a private balcony, an allocated parking space and communal grounds. Perfect for singles, couples or small families.

Available for £122,500 for 50% share based on the marketing figure of £245,000.

Monthly rent - £306.8
Monthly Service Charge - £87.40
Total Monthly Charge - £394.20 plus mortgage required for 50% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Location

The property is situated in a residential area in West Cambourne and benefits from excellent road connections via the A1198 and A428, offering easy access to the A1 and M11. A local bus stop is approximately a 10 minute walk from the property, providing convenient public transport links.

Local convenience stores are within a 12 minute walk, while larger supermarkets can be reached in just 5-6 minutes by car. Cambourne Town Centre is only a 5 minute drive offering a wide range of shops, cafés, restaurants, and everyday amenities for convenience.

Cambridge city centre is reachable in around 25-30 minutes by car, making the location ideal for commuters. The area also offers excellent leisure opportunities, with parks, lakes, and scenic walking routes close by.

In addition, there are several schools located within a 10 minute drive, making this an ideal home for families with small children.

EPC rating

Energy rating band - B

Environmental impact band - B

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.