2 bed flat for sale

Abberley Wood, Cambridge CB22

This very well maintained two bedroom first floor apartment is being offered to the market as a 50% Shared Equity purchase or as a 100% ownership purchase. Located within the very popular village of Great Shelford.

The apartment is held under a 50% shared equity scheme available to owner occupiers.

A purchaser can then raise a mortgage for the other 50%. Once in residence, owners can staircase their ownership percentage upwards from the 50% if desired and can ultimately purchase share completely and own the property outright.

This two bedroom apartment is located toward the end of the development on the first floor. The property is accessed via a shared entrance hall which has a telephone entry system. The apartment comprises a wide entrance hallway with a large storage cupboard. The kitchen has a range of base and eye-level units, integrated bowl sink with mixer tap, tiled splash backs and oven with four-ring hob and extractor hood over. There is space for white goods. The L-shaped sitting/dining room offers open views to the rear and a private balcony with space for a table and chair.

There are two bedrooms, one double with built in wardrobes and one single. The re designed family bathroom includes a double walk in shower, low level WC, wash basin and heated towel rail. Outside there is a single allocated, underground parking space plus additional visitor spaces, secure bike stores and attractive communal gardens. Abberley Wood is an eagerly sought after development built in 2009 off Granhams Road, superbly positioned within walking distance of Great Shelford's facilities and at the start of the dna cycleway into Addenbrooke's.
Nb. Awaiting lease confirmation

Property Ownership Information

Tenure

Shared ownership

Council Tax Band

C

Percentage Share Owned

50%

Additional Monthly Rent

£436.93

Annual Ground Rent

No ground rent

Ground Rent Review Period

No review period

Annual Service Charge

£1,529.28

Service Charge Review Period

No review period

Lease End Date

01/01/2134

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.