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Full Details
Tenure: Leasehold, 120 years remaining
Full Market Value: £425,000
Available Share: 40%
Monthly Rent: £659.30
Monthly Service Charge: £130.17
Property Details
This charming 2-bedroom, first-floor apartment is located in the desirable Trumpington Meadows area of Cambridge and is available through the Shared Ownership scheme. With a leasehold tenure of 120 years remaining, this property offers modern living with excellent amenities.
Interior Layout:
Entrance Hallway: As you enter, the hallway features two built-in cupboards on the right for convenient storage.
Bedrooms: The master bedroom is to the left, followed by the second bedroom. Both rooms are spacious, carpeted, and have large windows that fill the rooms with natural light. Currently, one bedroom is set up as an additional living space.
Bathroom: Located on the right, the bathroom includes a three-piece suite with a bathtub and shower facilities.
Kitchen/Living Room: At the end of the hallway, the open-plan kitchen/living area awaits. The kitchen is equipped with ample cupboard and counter space, appliance housing, an integrated oven with gas hobs, and an overhead extractor hood. The living area is generously sized, with multiple windows and a glass door leading to the private balcony.
Balcony: The balcony offers a spacious outdoor area with scenic views over the meadows.
External Features:
Parking: The property includes one allocated parking space.
About the Area
Trumpington is a charming village on the outskirts of Cambridge, adjacent to Cherry Hinton, Grantchester, Great Shelford, and Little Shelford. This vibrant community is part of the City of Cambridge electoral ward and boasts excellent local amenities.
The central square in Trumpington Meadows is set to become a key feature of the development, with planned facilities including a health centre, library, shops, offices, and a transport hub with access to the Cambridgeshire Guided Busway.
Shared Ownership Explained
Shared Ownership offers a fantastic alternative to renting, making homeownership more accessible. With this scheme, you can purchase a 40% share of the property and pay a subsidised rent on the remaining portion. Over time, you have the option to buy additional shares in your home or sell your share and move on.
Embrace the opportunity to own a piece of Trumpington Meadows and enjoy contemporary living in a picturesque setting.