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Sold STC
£95,000
2 Bedroom

Meadow Lane, Newmarket

636 sq ft
2
1
1

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  • 50% Equity Share
  • Ground Floor Apartment
  • 2 Bedrooms
  • Open Plan Kitchen/Living Room
  • Allocated Parking Space

Description

A 2 bedroom ground floor apartment located in a quiet cul-de-sac position on this popular development. The property benefits from an open plan living room/kitchen, 2 bedrooms, a bathroom, communal gardens and an allocated parking space. The property is offered as a 50% equity share.

ENTRANCE PORCH with entrance door, radiator, electrics.

OPEN PLAN LIVING ROOM with 2 radiators and 2 windows to the front aspect.

OPEN PLAN KITCHEN with a range of matching wall and base units with stainless steel sink, water softener, space and plumbing for appliances, wall mounted gas boiler, a storage cupboard, vinyl flooring, tiled splashbacks.

INNER HALLWAY with a storage cupboard.

BEDROOM 1 with a radiator, window to the rear aspect.

BEDROOM 2 with a radiator, window to the rear aspect.

BATHROOM with a 3 piece suite comprising a low level WC, side panel bath with shower over and glass screen, tiled splashbacks, pedestal wash hand basin, radiator, extractor fan.

OUTSIDE The front of the property is enclosed by hedgerow with a path leading to the entrance door and a small lawned area.

Communal gardens to the rear and an allocated parking space to the side.

Sales Agents Notes Tenure - Leasehold (50% Shared Ownership)
Length of Lease - 84 years remaining
Monthly Rent on Remaining 50% Share - £303.17
Monthly Service Charge – £124.25

Typically, Shared Ownership properties are purchased by first time buyers but if you have owned a property before, you may still be eligible as long as your household income will be below £80,000 and you do not own another property at the time of purchasing the shared ownership property. To find out more contact The Cambridge Housing Society and/or visit https://www.gov.uk/shared-ownership-scheme.

For more information on this property, please refer to the Material Information Brochure on our website.

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Council tax: Band B

Mortgage calculator

£
%
£
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Current average is 4.5%

Estimated monthly repayments

£2,965
per month
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty calculator

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Stamp duty amount

£0

Calculation breakdown:

This calculator provides an estimate only and should not be relied upon as financial or legal advice. It only applies to UK residents buying in England and it doesn't apply if you're buying through a company.

Looking to sell or let your property?
Value my home
£95,000
2 Bedroom

Meadow Lane, Newmarket

636 sq ft
2
1
1

Interested in viewing this property?

Arrange viewing

For any questions, please contact us below:

Looking to sell or let your property?
Value my home

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