Trumpington Meadows in Cambridge by Sage Housing
Cambridge, Cambridgeshire, CB2
1 & 2 bedroom apartments
From £122,000 for a 40% share
A collection of modern one and two bedroom Shared Ownership apartments located in the ever desirable area of Trumpington. The location is popular and ideally situated for people working at Addenbrooke's Hospital, Cambridge University and Science and Biomedical Centres, all of which have expanded significantly in recent years.
With an abundance of natural light, this modern apartment boasts style and space throughout. There are integrated appliances in the Kitchen, which is open-plan to the Living/Dining area, offering practicality and versatility; plus French Doors opening to a large private Terrace, overlooking the brand new play park, which is still in construction. The Master Bedroom is a generous size and the apartment is beautifully completed, with a lovely three piece Family Bathroom. The apartment benefits from an allocated parking space and communal bin & cycle stores.
Located 3 miles from the historic city of Cambridge Trumpington offers a wide range of amenities and local attractions, including shops such as Waitrose, leisure facilities, restaurants and schools.
Trumpington is less than 5 minutes from the M11 (Junction 11) and is served by excellent transport links. Commuting to Cambridge City Centre, London, Europe and the UK’s business centres could not be easier. Cambridge train station is 2 miles away via the guided bus and the city centre is only 3 miles away.
1 bedroom apartment example
Full market value - £305,000
40% share at £122,000-£419.38 per calendar month
50% share at £152,500-£349.48 per calendar month
75% share at £228,750-£174.74 per calendar month
2 bedroom apartment example
Full market value - £392,500
40% Share £157,000 – Rent £539.69 pcm
50% Share £196,250 – Rent £449.74 pcm
75% Share £294,375 – Rent £224.87 pcm
There is a service charge of approximately £119.48 pcm
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up-front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At Trumpington Meadows you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
T&C’s - These photos have been digitally furnished and are for information purposes only and may not represent a true likeness for the units being sold. Some of the images used here have been taken from another development of similar style houses and to represent how the home could be laid out and the final colours/appearance may differ from the images.
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Images may not necessarily depict the actual development and in some cases may be a typical example.