£177,500
3 bed terraced house for sale
Medlar Lane, Cambourne CB23New home
Shared ownership
Leasehold
3 beds
2 baths
EPC Rating: C
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an "affordable rent" on the share you don't own.
Key information
Tenure
Leasehold (102 years)
Service charge
£17 per month
Council tax band
C
Ground rent
Ground rent date of next review
Shared ownership percentage owned
50%
Shared ownership rent
£362 per month
Domovo
.png)
About this property
50% Share available
3 bedrooms
Allocated Parking
Rear Garden
Excellent location
1.3 miles to A428 and 7.8 miles to M11 and A14
11.3 miles to Cambridge centre and train station with links to London
Great local amenities
Can Staircase to 100%
This 3 bedroom mid terrace house is situated in Lower Cambourne, Cambridge, and is available to purchase through shared ownership.
Full market value: £355,000
Share available: 50%
Monthly rent: £361.65
Monthly service charge: £16.75
Remaining lease term: 102 years
About the property
This property is comprised of:
Ground Floor:
An entrance hall
Kitchen / diner
Living room
WC
First Floor:
Bedroom 1 with ensuite
Bedroom 2
Bedroom 3
Bathroom
Outside:
Garage
Allocated parking
Rear garden
About the area
This property is located in Lower Cambourne, in Cambridgeshire. Cambourne is a thriving and modern planned town in Cambridgeshire, located approximately 9 miles (14 km) west of Cambridge and is designed around a series of linked villages - Lower Cambourne, Great Cambourne, Upper Cambourne, and the expanding West Cambourne - each centred-on village greens and connected by a network of roads and green spaces.
The town benefits from excellent transport links, with the A428 providing easy access to Cambridge, St Neots and the A1. Cambridge railway station, just a short drive away, offers frequent services to London King's Cross and regional destinations.
Cambourne provides a range of local amenities, including supermarkets, shops, cafés, restaurants, primary and secondary schools, medical facilities and community centres. The town also offers leisure and recreational options, including sports clubs, play areas and walking and cycling routes connecting the village to the surrounding countryside.
With its combination of modern facilities, strong community focus and access to both urban and rural attractions, Cambourne offers a convenient and balanced lifestyle for residents.
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. This property has a share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.
*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase.
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. Floor plans 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.
Zoopla tools
Zoopla insights
Sign in and gain expert analysis to make informed decisions.