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Renard Way, Cambridge, Cambridgeshire, CB2

Key features

  • 40% Share Available
  • 2 Bedrooms
  • Allocated parking (1)
  • Excellent Location
  • 2 miles to Cambridge centre
  • Great Local Amenities
  • Gas Central Heating

Description

This 2-bedroom first floor apartment is situated in Trumpington Meadows, Cambridge and is available to purchase through the Shared Ownership scheme.

Full Market Value: £425,000

Share Available: 40%

Monthly Rent: £659.30

Monthly Service Charge: £130.17

Remaining Lease Term: 120 years



About the Property
As you enter the property you will be in the entrance hallway, with two built-in cupboards on the right. The master bedroom is on your left, followed by the second bedroom. Both bedrooms are a good size, and feature carpeting and a large window allowing excellent natural light. Currently one of the bedrooms is set up as a living room. The bathroom is on the right and benefits from a three-piece suite, including a bath with shower facilities.

At the end of the hallway is the kitchen/living room. The kitchen area lines the wall to your right, with plenty of cupboard and counter space, housing for appliances such as washing machine/dishwasher, and an integrated over with gas hobs and overhead extractor hood. The living space is a good size and features several windows, and a glass door leading out to the private balcony. The balcony is a great size and looks over the neighbouring meadows.

Externally, there is one allocated parking space.



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 40% 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.

Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.

Brochures

Brochure 1

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

120 years left

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Renard Way, Cambridge, Cambridgeshire, CB2

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Shelford Station2.2 miles
  • Cambridge Station2.3 miles
  • Foxton Station4.0 miles
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About the agent

Domovo, Bedford

Manton Lane, Bedford, MK41 7BJ

Domovo, Bedford

We are Domovo, part of a forward-thinking housing group, which provides homes for people right across the centre of England. We’re here to help you find the home you’ve been looking for - to buy, to rent, or via shared-ownership.

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Disclaimer - Property reference RenardWay98RS. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Domovo, Bedford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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