£200,000
3 bed terraced house for saleChieftain Way, Orchard Park CB4
3 beds
2 baths
EPC Rating: C
- Shared ownership
- Leasehold
Domovo
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About this property
40% Share Available
3 Bedrooms
Allocated parking
Excellent Location
3.3 miles to Cambridge centre
3.5 miles to nearest train station with links to London
Great Local Amenities
Gas Central Heating
This 3-bedroom, mid-terrace house is situated in Cambridge, Cambridgeshire and is available to purchase through the Shared Ownership scheme.
Full Market Value: £500,000
Share Available: £200,000
Monthly Rent: £559.59
Monthly Service Charge: £37.47
Remaining Lease Term: 110 years
About the Property
The home is comprised of:
An entrance hall with stairs leading to the first floor, WC and doorways leading to all ground floor rooms
Kitchen/Breakfast room
Dining room with access to the rear garden
Lounge with access to the rear garden
Bedroom 1 with ensuite
Bedroom 2
Bedroom 3
Study/Bedroom 4
Bathroom
About the Area
Cambridge is a university city and the county town of Cambridgeshire, England, on the river Cam approximately 50 miles (80 km) north of London.
It boasts a brilliant public transport system, with a comprehensive bus service that connects you with the entirety of the city and has frequently distributed bus stops. 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 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.
Disclaimer
The information provided by Domovo, the sales and marketing brand for bpha, is prepared as a general guide only and should not be relied upon as a basis to enter into a legal contract or to commit expenditure. All measurements are approximate. Floorplans are for illustration purposes only. Photographs/CGIs provided are for guidance only and may not reflect items included in the property sale. Any interested party is advised to check the measurements and to consult their own surveyor, solicitor and/or other professionals before committing themselves to any expenditure or other legal commitments.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (110 years)
Service charge
£37 per month
Council tax band
D
Ground rent
Ground rent date of next review
Shared ownership percentage owned
40%
Shared ownership rent
£560 per month