For Sale

2 Bedroom Apartment

Newmarket Road, Cambridge



Property overview

  • Full Market Value - £440,000
  • £110,000 for 25% Share
  • Modern & Spacious Apartment
  • Lift Access
  • Close to Amenities
  • Walking distance to City Centre
  • Open Plan Kitchen/Dining/Lounge
  • En-Suite to Master Bedroom
  • Balance of NHBC Warranty
  • Secure Entrance System

Property description

A modern, bright and stylish TWO DOUBLE BEDROOM, Third Floor Apartment, offered on the popular Shared Ownership Scheme. The home boasts a well designed, modern kitchen with a white high gloss finish, high-quality Bathroom fittings and is located Perfectly for short walks to the City Centre, Railway Station and River Cam.
Beacon Rise comprises; a selection of beautifully designed apartments on Newmarket Road, Cambridge, that exude luxury and sophistication. The design and appearance of Beacon Rise presents a modern and imposing frontage and is a marque of distinction, setting it apart from other developments.
Apartments in Beacon Rise benefit from an intercom system for security, an elevator for convenience, and immaculate communal areas.
The property itself compromises a large open plan Kitchen/Dining/Lounge area, the Kitchen featuring a range of quality White Gloss cupboards with contrasting dark grey work surfaces, a built-in oven and ceramic hob, whilst the Dining/Lounge area is bright and spacious. There are two bedrooms, of which the Master is serviced by the En-Suite Shower Room, both have large windows, allowing for plenty of natural light to flow throughout. Finally, the stunning 3-piece Family Bathroom features large format tiles, Chrome heated towel rail and an Electric shower, powered by the efficient community heating system, over the Bath.
This apartment was built in 2017 and therefore has the majority of the NHBC warranty remaining.
The property is conveniently located within walking distance to Cambridge Town Centre and is close to the Railway station, local amenities and the river Cam, providing a choice of enjoyable walks.
Full Market Value – £440,000
Share Available – £110,000 (25%)
Monthly Rent – £779.52
Monthly Service Charge – £92.29
About Shared Ownership
If buying a home seems out of reach, Shared Ownership could be the answer and offers a great alternative to renting. A share of the property is available for sale with a subsidised rent on the remaining share. This provides the perfect opportunity for many to get on the Housing Ladder. Eligibility criteria apply. Please contact Elevation to check eligibility.
In the future, you can purchase further shares in your home (subject to affordability) or sell your share and move on.

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