Pheonix, Newmarket Road, Cambridge, CB5

Plot 2 is a 1 bed apartment, available to reserve with 50% Shared Ownership! Located on Newmarket Road in Cambridge with easy access into the city center & transport links. Ready Summer 2025

Description

** Shared Ownership Property!**

Plot 2 is a 1 bedroom apartment on the first floor comprising an open plan kitchen, dining and living room. A winter garden leading from the main living area, the principal bedroom and separate bathroom.


Phoenix is a prestigious new development of contemporary apartments conveniently located within walking distance of the captivating city of Cambridge.

Situated on Newmarket Road, the primary eastern route into the City Centre, the development offers fast and easy access by bike, car or on foot to Cambridge’s acclaimed University, thriving employment hubs and a vast range of attractions
and amenities.

The stylish part three-storey, party five-storey new apartment building is set back from the road and boasts a full height glazed entrance that leads to thirteen residences; ten one-bedroom apartments, one two-bedroom apartment and two two-bedroom duplexes.

Each apartment has been designed to suit a broad range of occupiers, from single professionals to young families, and provides high specification interiors and access to a private balcony or ‘winter garden’ as well as a beautifully landscaped
communal garden.

With homes in high demand in this dynamic City and new development in short supply, Phoenix is a rare opportunity to secure a high-quality home in a truly desirable location.

*Price shown is 50% of the full market value £370,000*

This property is available via Home Reach Shared Ownership. With Home Reach, you can buy up to 75% of a home and pay a rent a monthly rent on the part you don’t buy.


With Home Reach Shared Ownership smaller deposit requirements and lower monthly payments compared
to buying outright make it easier to buy a home you’ll love.
Buy an initial share up to 75% and pay a monthly rent on the part you don’t buy.

Home Reach’s parent company, Heylo Housing will be your landlord and grant you a lease.
You can usually buy more shares in your home and you can also sell your home on, subject to the terms in your lease.
Shared Ownership is different to outright ownership - speak to a sales advisor for more information.

Eligibility Criteria:
1. Your household income does not exceed £80,000 per annum
2. You have a deposit of at least 5% of the value of the share you are purchasing
3. The property is your principal home
4. You pass a financial affordability assessment


Home Reach Shared Ownership is available on selected plots at Phoenix. Shared Ownership is different to outright ownership. For more information on Shared Ownership including affordability and eligibility that applies, visit plot specific information please refer to the sales advisor in the sales office.

Square Footage: 570 sq ft
Leasehold with approximately 999 years remaining.


Additional Info

*Internal images are of a previous development and the external image is a CGI, used for illustrative purposes only.*