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Shared ownership
Leasehold

£112,500

2 bed flat for sale

Hering Road, Cambridge CB2
2 beds
1 bath

£112,500

2 bed flat for sale
Hering Road, Cambridge CB2

    • 2 beds

    • 1 bath

  • EPC Rating: B

Shared ownership
Leasehold

About this property

  • 25% Share Available

  • 2 Bedroom

  • Secure, allocated Parking

  • Lift

  • 2.5 miles to Cambridge City Centre

  • 2.8 miles to Cambridge train station

  • Private terrace

  • Gas heating

  • Shared Garden

This 2 Bedroom ground floor apartment is situated in Trumpington, Cambridge and is available to purchase through the Shared Ownership scheme.

Full Market Value: £450,000
Share Available: £112,500
Monthly Rent: £830.53
Monthly Service Charge: £157.38
Remaining Lease Term: 120

About the Property

Communal Entrance - With lift and stairs access to the top floor, rear door leading to the shared landscaped gardens and access to the secure car park

Entrance Hall - With solid, wood effect flooring, spacious storage cupboards and access to all living spaces.

Sitting Room/Kitchen/Diner - With wood effect flooring, LED spotlights in the Kitchen area and LED downlighters in the sitting room. Large, double-glazed window in the sitting area and outward opening door access to the private terrace. The Kitchen features a bright window and benefits from a built-in fan oven, fridge freezer and extractor fan. The worktop features the built-in hobs, a stainless-steel sink and hot and cold mixer tap, as well as a draining board.

Master Bedroom – Double room with carpets and floor to ceiling, double glazed window which allows lots of natural light to flood in.

Bedroom 2 – 2nd double bedroom with carpets and double-glazed floor to ceiling window.

Bathroom – Comprises of a three-piece suite with a walk-in shower.

Terrace – Private and overlooking greenery in Hobson’s Brook

Parking – One allocated parking space in a secure, fob activated parking area with shutter entrance

About the Area
Trumpington is a village and former civil parish on the outskirts of Cambridge, England, bordering Cherry Hinton, Grantchester, Great Shelford, and Little Shelford. The village is an electoral ward of the City of Cambridge.
The nearby central square is set to become an attractive focal point for the whole development, with proposed neighbourhood facilities incorporating a health centre, library, shops and offices, plus a transport hub which will offer access onto the Cambridgeshire Guided Busway.

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. Floorplans 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.

More information

  • Tenure

    Leasehold (120 years)

  • Service charge

    £157 per month

  • Council tax band

    D

  • Ground rent

  • Ground rent date of next review

  • Shared ownership percentage owned

    25%

  • Shared ownership rent

    £831 per month

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