£237,000 /Sale price

This bright and colourful three-bedroom semi-detached house is now available in Cambridge through Shared Ownership.The property on the ground floor comprises of an entrance hall, a spacious living room, a fitted kitchen and dining space, as well as a separate WC.On the first floor, there are three bedrooms and bathroom with a WC. Perfect for professionals or families.Outside, there is a driveway with space for two vehicles, a front garden and a large rear garden.Available for £237,000 for 60% share based on the marketing figure of £395,000.Monthly rent - £419.91Monthly Service Charge - £96.24Total Monthly Charge - £516.15 plus mortgage required for 60% share.On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.An annual rent increase takes place every AprilLocationThe property is located in a well connected and convenient area offering both professionals and families a lifestyle that blends modern amenities, good transport links and access to the town centre (23 minute drive).A bus stop is just a 9 minute walk away, with another stop 16 minutes on foot that links directly to the main road, High Street, which is lined with retail shops, eateries, a supermarket, post office and pharmacy. A convenience store is a 7 minute walk away, a local supermarket just a 4 minute drive, and a larger supermarket around 15 minutes by car. For fitness and recreation, the area offers plenty of green spaces, including a park just a 3 minute walk away, as well as a leisure centre located within a 21 minute walk.A primary school just 2 minutes walk away around the corner, whilst several other schools are within a 10 minute drive. Perfect for families with small children.Cambridge town centre offers beautiful scenery, historic architecture and a wide range of shops, cafes, restaurants and traditional markets. There is also Cambridge train station providing access to CrossCountry, Great Northern, Thameslink, and Greater Anglia rail services. From the property, Shelford train station is an 8 minute drive (2.9 miles) away and offers Greater Anglia rail services.EPC ratingEnergy rating band - CEnvironmental impact band - BOther informationHow we allocate Shared Ownership homesWe offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.If the home is managed by SO Resi and MTVHYou can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.If the home is managed by another provider Visit their website to find their allocation policy. Contact us if you have any questions.In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.