1 bed flat for sale in Valiant Lane, Cambridge CB5, £139,500

139,500.00

Offer Nr.:
65865435
Type of ad:
for Sale
Property type:
1 bed flat
Bedrooms:
1
Bathrooms:
1
Reception rooms:
1
Contact name:
L&Q - Pre-Owned Shared Ownership Homes
Phone(s):
020 8022 5439

* Leasehold
* Open plan kitchen/dining room leading to private balcony
* Kitchen fitted with white gloss wall and base units and a light grey worktop, benefiting from integrated appliances
* Bright and airy double bedroom with fitted wardrobe ad floor to ceiling window.
* Bathroom fitted with white three piece suite and tiled surround
* Two large storage cupboards in hallway
_Shared ownership_
Full market value - £310, 000
You pay (45%) - £139, 500
Monthly rent - £354. 03
Monthly service charge - £230. 55
Annual ground rent - N/A
Council Tax Band: B
990 year lease commenced January 2022 - 988 years remaining
_New guidance, from the Royal Institute of Chartered Surveyors (RICS), means
that lenders should no longer require an EWS1 form for this property. However,
we cannot guarantee that all Mortgage lenders, brokers and valuers are
utilising the same criteria. _
Perfectly located close to a variety of transport links. The property is
situated just a short cycle away from Cambridge train station with routes into
the heart of London taking under an hour, making it perfectly placed for
commuters. For road users, the A14 and M11 are easy accessible leading to the
major road networks across the country.
_The buyer will require a deposit to obtain a mortgage for this property. _
To meet the requirements for this property we require as a guideline, a
minimum household income of £48, 672. If you are offered the property, your
ability to afford this property will be assessed at your financial interview.
Please note that applicants should purchase the maximum share that they can
afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible
to be offered a property in one of our schemes. If you are not registered,
please visit our website and register to obtain your unique reference number.
_Your home is at risk if you fail to keep up repayments on a mortgage, rent
or other loan secured on it. Please make sure you can afford the repayments
before you take out a mortgage. _
These particulars are of opinion only, are intended to give a fair description
and do not form the basis of a contract. The descriptions and all other
information are believed to be correct as at October 2023.

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