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Mill Park, Cambridge, Cambridgeshire, CB1

Shared ownership
£234,000
Added on 12/04/2021
Domovo, Bedford
PROPERTY TYPE
Apartment
BEDROOMS
x2

Key features

  • Available Now
  • Shared Ownership
  • 60% Share Available

Property description

Tenure: Leasehold, 92 years remaining

This two bedroom fourth floor apartment is situated in Cambridge, Cambridgeshire and is available to purchase through the Shared Ownership scheme.

Full Market Value: £390,000
Share Available: 60%
Monthly Rent: £385.22
Monthly Service Charge: £229.76



All applicants will need to be registered and approved by Help to Buy - this can be done on their website 'Help to Buy Agent 3'.



About the Property

Fourth Floor: Entrance Hall, Kitchen/Lounge Area, Balcony, Two Bedrooms and Bathroom.



Local Information

Cambridge is a university city and the county town of Cambridgeshire, England, on the River Cam approximately 50 miles (80 km) north of London.

Cambridge boasts a brilliant public transport system, with a comprehensive bus service that connects you with the entirety of the City with bus stops frequently distributed. From these, you can pick up various frequent services that run to the centre, train stations and outlying areas.

Cambridge is home to the world-renowned University of Cambridge, which was founded in 1209. The university includes King's College Chapel, Cavendish Laboratory, and the Cambridge University Library, one of the largest legal deposit libraries in the world.

The city's skyline is dominated by several college buildings, along with the spire of the Our Lady and the English Martyrs Church, the chimney of Addenbrooke's Hospital and St John's College Chapel tower. Anglia Ruskin University, evolved from the Cambridge School of Art and the Cambridgeshire College of Arts and Technology, also has its main campus in the city. Addenbrooke's is one of the largest hospitals in the United Kingdom and is a designated regional trauma centre.



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 60% 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.

All applicants will need to be approved by Help to Buy at their website.

Mill Park, Cambridge, Cambridgeshire, CB1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cambridge Station0.1 miles
  • Cambridge North2.4 miles
  • Shelford Station3.0 miles
Mortgages
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Market information
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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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