Flat for sale in Renard Way, Cambridge CB2

This 2-bedroom first floor apartment is situated in Trumpington Meadows, Cambridge and is available to purchase through the Shared Ownership scheme.

Full Market Value: £425,000

Share Available: 40%

Monthly Rent: £659.30

Monthly Service Charge: £130.17

Remaining Lease Term: 120 years

About the Property
As you enter the property you will be in the entrance hallway, with two built-in cupboards on the right. The master bedroom is on your left, followed by the second bedroom. Both bedrooms are a good size, and feature carpeting and a large window allowing excellent natural light. Currently one of the bedrooms is set up as a living room. The bathroom is on the right and benefits from a three-piece suite, including a bath with shower facilities.

At the end of the hallway is the kitchen/living room. The kitchen area lines the wall to your right, with plenty of cupboard and counter space, housing for appliances such as washing machine/dishwasher, and an integrated over with gas hobs and overhead extractor hood. The living space is a good size and features several windows, and a glass door leading out to the private balcony. The balcony is a great size and looks over the neighbouring meadows.

Externally, there is one allocated parking space.

About the Area
Trumpington is a village and former civil parish on the outskirts of Cambridge, England, bordering Cherry Hinton, Grantchester, Great Shelford, and Little Shelford. The village is an electoral ward of the City of Cambridge.

The nearby central square is set to become an attractive focal point for the whole development, with proposed neighbourhood facilities incorporating a health centre, library, shops and offices, plus a transport hub which will offer access onto the Cambridgeshire Guided Busway.

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 40% 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.