1 bed flat for sale

Beta Avenue, Cambridge, Cambridgeshire CB5

Shared ownership - Introducing Flat 3 (Plot R2.A03), a beautifully presented brand-new one-bedroom first floor apartment to purchase from a 10% share at £32,000 with a deposit of £1,600. A maximum amount available to purchase initially is 75%. Full market value £320,000. Offering stylish and well-planned accommodation within the sought-after Marleigh Park community.

The Property
Thoughtfully designed for modern lifestyles, the apartment features a bright and spacious open-plan kitchen, living and dining area, creating a versatile space for relaxing, entertaining and everyday living. Doors open onto a private balcony, providing the perfect spot to enjoy your morning coffee or unwind at the end of the day.

The generous double bedroom benefits from fitted wardrobes, while the apartment also offers excellent storage throughout. Finished to a high standard, this attractive home further benefits from an allocated parking space.

Life at Marleigh Park
Located approximately three miles east of Cambridge city centre, Marleigh Park is a vibrant new neighbourhood combining high-quality homes with an exceptional range of amenities and green open spaces. Designed around community living, residents enjoy access to Jubilee Square, sports facilities, allotments, landscaped parks and attractive walking routes, all within easy reach of home.
Ideally positioned adjacent to the Newmarket Road Park & Ride, the development offers a convenient and stress-free route into Cambridge city centre, making it ideal for commuters and those looking to enjoy everything the city has to offer.
Residents can take advantage of a wealth of green space on their doorstep, including Gregory Park, The Titch and Kingsley Woods, providing excellent opportunities for walking, cycling and outdoor recreation. Cambridge itself is renowned for its blend of historic charm and modern convenience, offering an outstanding selection of independent shops, restaurants, cafés and cultural attractions. The nearby Grand Arcade shopping centre is home to a wide range of popular retailers, including John Lewis and many leading fashion and lifestyle brands.

Excellent Connectivity
Marleigh Park enjoys excellent transport links, with easy access to Cambridge North Station, the A14 and major regional routes. Whether travelling locally or further afield, residents are perfectly placed to enjoy the best of both city and countryside living.
City centre.

Financial Breakdown
10% share value: £32,000
Rent charged on the unowned share: 2.75%
Rent on unowned share (90%): £660.00 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 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:
**Offer available on selected plots only. Please speak to the Sales Team for full terms and conditions

Please note the listing price shown of £32,000 is a 10% share (total open market value being £320,000) £660.00 rent is payable per month on the remaining share. This property can be purchased at 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 £660.00 per month, a 75% share will equate to £183.33 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.

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.