Jubilee Drive
- Brand new shared ownership home
- Located in sought after village of cottenham
- Great specification including fully integrated kitchen with appliances and flooring throughout
- Shares available from 25%-75%
- Price represents 40% share of the full market value
- Only 7.5 miles from cambridge
- Years remaining: 0 years
- Current ground rent: Contact branch
- Ground rent review period: Contact branch
- Annual service charge: Contact branch
- Ground rent increase: Contact branch
- Share sold: 40%
- Rent payable: £454 per month
Council Tax Band: C
Tenure: Leasehold
Shared Ownership:
Downstairs the property comprises of entrance hallway, contemporary kitchen, WC and modern open plan lounge/dining area with rear door leading onto the garden. Upstairs the property includes 2 generous double bedrooms and fully fitted family bathroom. Flooring will be fitted throughout, including vinyl to the kitchen, WC and bathroom and carpets elsewhere.
Flooring will be fitted throughout, including vinyl to the kitchen, WC and bathroom and carpets elsewhere.
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Agent's Note
The price of £132,000 represents a 40% share of the property with a full market value of £330,000. At a 40% share, there is a monthly rental value of £453.75.Front Door
Entrance Hall
Cloakroom/ Wc
Kitchen
Contemporary Symphony kitchen including laminate worktops, stainless steel splashback behind hob and integrated Indesit appliances including single oven, 4 burner gas hob, extractor hood, fridge/freezer, dishwasher and washer dryer. Vinyl flooring included.Lounge/ Diner
Bedroom One
Bedroom Two
Bathroom
3 piece family bathroom with high quality white sanitary ware including sink, toilet and bath. Chrome fixtures and fittings and shower over the bath with glass screen. Full height tiling included to bath and splashback to sink.Additional
-Subject to local connection criteria, please get in touch for further details.-All buyers must be financially qualified prior to reservation.
-Estate management charge will apply
-Monthly rent applicable for 60% of unowned share, please get in touch for more details.
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Mortgage enquiry
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.