Flat for sale in Great Northern Road, Cambridge CB1

£420,000
Interested in this property? Call +44 20 8033 3722 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Flat for sale - 2 bedrooms

2

Tenure:
Leasehold with shared ownership
Shared ownership percentage owned:
25%
Shared ownership rent:
£720.24 per month
Time remaining on lease:
118 years
Service charge:
£175.58 per month
Ground rent:
£0
Council tax band:
D
Shared ownership details:
Not available

Property description


Property reference number: 1639094

Great Northern Road is a two-bedroom property, located on the top floor of a three storey block, built in 2017 and has an approximate size of 60 sq. Meters.

Nestled in the heart of Cambridge, this charming two-bedroom apartment offers not only a cozy and comfortable living space but also convenient access to the vibrant town centre. Just a mere ten-minute stroll away, residents can immerse themselves in the rich cultural and intellectual tapestry that Cambridge is renowned for.

Explore picturesque gardens, and awe-inspiring architecture. Indulge in the diverse culinary scene, from quaint cafes to upscale dining options. Enjoy leisurely walks along the tranquil River Cam or partake in punting for a quintessential Cambridge experience. Cultural enthusiasts will appreciate the numerous museums, galleries, and theatres, while shopping enthusiasts can peruse the eclectic boutiques and markets. With its perfect blend of academic allure and cultural richness, this apartment not only provides a comfortable home but also an opportunity to savour the unique charm of life in Cambridge.

Key Features

Integrated kitchen appliances

Private balcony

What happens after I register my interest?

You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact and our team will be able to help you.

What is Resale Shared Ownership?

Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.

Financial information

Tenure: Leasehold

Remaining lease term: 118 years

Annual ground rent amount: £0

Ground rent review period: No ground rent to pay until final staircasing.

Annual service charge amount: £2,106.96

Service charge review period: Annually

Council tax band: D

*Financial information correct as of 15.03.2024

Arrange Viewing

For more information about this property, please contact
Peabody - Resale, SE1 on +44 20 8033 3722 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Peabody - Resale, and do not constitute property particulars. Please contact Peabody - Resale for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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