£49,250
2 bed terraced house for saleGregory Park Mews, Cambridge, Cambridgeshire CB5
2 beds
1 bath
1 reception
EPC Rating: B
Added on
About this property
Up to an £8,000 deposit boost available**
Shared Ownership
Stylish fitted kitchen complete with integrated appliances
Allocated parking space included
Excellent location beside Newmarket Road Park & Ride
Landscaped communal gardens exclusively for residents
Just a 10-minute cycle from Cambridge North Station
Energy-efficient underfloor heating to the ground floor
Shared ownership - Introducing Plot 345, an attractive two-bedroom mews home available to purchase from a 10% share at £49,250 with a deposit of £2,462.50. A maximum amount available to purchase initially is 75%. Full market value £492,500. Offering approximately 921 sq ft of thoughtfully designed accommodation.
The Property
The ground floor is centred around a spacious open-plan kitchen, dining and living area, creating a bright and sociable space for modern living. French doors open directly onto a private rear garden, perfect for relaxing, entertaining or enjoying outdoor dining. The home also benefits from excellent storage and a convenient downstairs cloakroom.
Upstairs, there are two generously proportioned double bedrooms, with the principal bedroom featuring fitted wardrobes. A contemporary family bathroom serves both bedrooms, finished to a high specification. An allocated parking space is included with the property.
Life at Marleigh Park
Marleigh Park is a vibrant new community located on the eastern edge of Cambridge, combining contemporary homes with an abundance of green open spaces and everyday amenities. Designed with community living in mind, the development features attractive landscaped areas, parks, sports facilities and walking routes, all centred around the popular Jubilee Square.
Residents can enjoy easy access to nearby green spaces, including Gregory Park, The Titch and Kingsley Woods, providing excellent opportunities for walking, cycling and outdoor recreation. Cambridge city centre is just a short distance away, offering an outstanding selection of independent shops, restaurants, cafés and cultural attractions.
Connected Living
Ideally positioned for commuters and professionals, Marleigh Park enjoys excellent transport links. The nearby Newmarket Road Park & Ride provides convenient access into Cambridge city centre, while Cambridge North Station offers regular rail services to London and beyond.
Whether you're taking your first step onto the property ladder or looking for a stylish and energy-efficient new home, this property presents an excellent opportunity to become part of one of Cambridge's most exciting new communities. Full market value: £492,500
Financial Breakdown
10% share value: £49,250
Rent charged on the unowned share: 2.75%
Rent on unowned share (90%): £1,015.78 per month.
What is Shared Ownership?
If you can't afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 10% and 75%) and pay rent on the remaining share. Later, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Please contact Tucker Gardner Histon to see if you qualify for shared ownership.
Agent notes:
Please note the listing price shown of £49,250 is a 10% share (total open market value being £492,500) £ rent is payable per month on the remaining share. This property can be purchased at a minimum share of 10% and a maximum of 75% first tranche. Purchasers can staircase up to 100%. Rent will be payable on the remaining share (for example, a 10% share will equate to £1,015.78 per month, a 75% share will equate to £282.16 per month). The percentage share and rent amount will change depending on the amount you can afford. You'll receive a worked example after a financial qualification. Your annual rent is calculated as 2.75% of the remaining share of the full market value owned by the landlord.
**Offer available on selected plots only. Please speak to the Sales Team for full terms and conditions.
Images are for illustrative purposes only and may include alternative house types and/or ai-enhanced dressing. Specifications, layouts and finishes may vary and are subject to change. Buyers should satisfy themselves as to the final specification during the conveyancing process.
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Tenure
Leasehold (Ask agent)
Service charge
£42 per year
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review
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