Property description

Abberley Wood is an eagerly sought after development built in 2009 off Granhams Road, superbly positioned within walking distance of Great Shelford's facilities and at the start of the DNA cycleway into Addenbrooke's and to the City.



No.112 is held a under a 50% shared ownership scheme available to owner occupiers. There is currently a monthly service charge of £81.31 and a rent of £304.20 per month payable to Luminus Housing Association to cover their 50% share and then a purchaser can raise a mortgage for the other 50%. Once in residence, owners can staircase their ownership percentage upwards from the 50% if desired and can ultimately purchase Luminus Housing Association's share completely and own the property outright. For advice on the scheme and obtaining a mortgage please call our Great Shelford office.



The two bedroom apartment is located in the top floor and is well presented. It has a bright L-shaped open plan living space with good space for both dining and sitting. The well equipped kitchen includes integrated 4-ring hob and electric oven and a washer/dryer. There are two bedrooms and a generous modern bathroom.



Outside there is a single allocated parking space plus additional visitor spaces, secure bike stores and attractive communal gardens.



The apartment has an entry phone system, gas central heating to radiators and double glazed windows.



Agents Note:



Buyers for the property have to be qualified by Keyhomes East (part of Bedfordshire Pilgrims Housing Association) for the shared ownership scheme. Broad criteria below:



Annual gross household income less than £60,000

Do not currently own a home

Do not have any outstanding credit problems

Property must be bought as a primary residence, not a buy-to-let

There is a right to buy additional shares in the property after a period of ownership via BPHA, subject to their conditions.

Property Features :

• Beautifully presented throughout
• Ideal for access to amenities, Cambridge & Addenbrooke´s
• Private parking
• Spacious, top floor apartment
• 50% equity share