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2 bed flat for sale in Nine Wells Road, Cambridge

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Property description

This 2 bedroom third floor apartment is situated in Trumpington, Cambridge, and is available to purchase through the shared ownership scheme.

Full market value: £390,000

Share available: 70%

Monthly rent: £350.78

Monthly service charge: £158.69

Remaining lease term: 91 years

About the property
This property is comprised of:
An entrance hall
Open plan living room/kitchen/dining
Two bedrooms
Bathroom
Private balcony
Parking

About the area
Cambridge is a university city and the county town of Cambridgeshire, England, on the river Cam approximately 50 miles north of London.

It boasts a brilliant public transport system, with a comprehensive bus service that connects you with the entirety of the city and has frequently distributed bus stops. From these, you can pick up various frequent services that run to the centre, train stations and outlying areas.

Cambridge is home to the world-renowned University of Cambridge, which was founded in 1209. The university includes King's College Chapel, Cavendish Laboratory, and the Cambridge University Library, one of the largest legal deposit libraries in the world.

The city's skyline is dominated by several college buildings, along with the spire of the Our Lady and the English Martyrs Church, the chimney of Addenbrooke's Hospital and St John's College Chapel tower. Anglia Ruskin University, evolved from the Cambridge School of Art and the Cambridgeshire College of Arts and Technology, also has its main campus in the city. Addenbrooke's is one of the largest hospitals in the United Kingdom and is a designated regional trauma centre.

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 70% 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.

Property info

Floorplan(s): Floorplan 1

View original

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

Property value data/graphs for CB2

Property type	Avg. current value	Avg. £ per sq ft.	Avg. # beds	Avg. £ paid (last 12m)
Detached	£974,107	£518	4.5	£1,237,810
Semi-detached	£797,974	£431	3.5	£729,928
Terraced	£840,329	£446	3.4	£633,690
Flats	£453,086	£474	1.9	£351,227

Current asking prices in CB2

Average: £739,837

Avg. current asking prices in CB2
Property type	1 bed	2 beds	3 beds	4 beds	5 beds
Houses	-	£575,000 (3)	£782,309 (16)	£1,087,333 (15)	£1,887,857 (7)
Flats	£286,727 (11)	£398,291 (43)	£660,500 (10)	-	-
All	£286,727 (11)	£409,815 (46)	£735,460 (26)	£1,087,333 (15)	£1,887,857 (7)

Current asking rents in CB2

Average: £2,402 pcm

Avg. current asking prices in CB2
Property type	1 bed	2 beds	3 beds	4 beds	5 beds
Houses	£803 pcm (5)	£2,245 pcm (5)	£2,051 pcm (5)	£3,475 pcm (12)	£3,274 pcm (2)
Flats	£2,004 pcm (17)	£2,096 pcm (17)	£2,474 pcm (2)	-	-
All	£1,731 pcm (22)	£2,129 pcm (22)	£2,172 pcm (7)	£3,475 pcm (12)	£3,274 pcm (2)

Fun facts for CB2

Highest value in CB2
Highest value streets	Zed-Index
Chaucer Road	£4,193,372
Barrow Road	£2,456,639
Bentley Road	£2,222,658
Brookside	£1,727,830
Luard Road	£1,670,211

Highest turnover in CB2
Highest turnover streets	Turnover
Forty Acre Road	47.1%
Trumpington Place	46.2%
Corn Lane	30.0%
Austin Drive	29.1%
Harvest Road	27.5%

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