Valiant Lane
£91,250 for a 25% share
Property description
Two bedroom apartment at Marleigh Our Winter Offer: A £1,000 Ikea voucher on completion*
Property address
Valiant Lane, Cambridge, CB5 8XB
2 
1 Shared Ownership
SSHARED OWNERSHIP
Full market value - £365,000
You pay (25%) - £91,250
Monthly rent - £607.65
Monthly service charge - £368.26 - includes parking service charge
Annual ground rent - N/A
Council Tax Band: C
990 year lease commenced January 2022 - 986 years remaining
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
For a limited time, enjoy a £1,000 Ikea voucher to help with your move on this apartment*
This beautifully presented dual aspect, two bedroom, second floor apartment centres round a spacious open plan living area, opening onto a south facing private balcony. The semi-separate kitchen includes integrated appliances. There are two double west facing bedrooms and a contemporary bathroom completing the accommodation, which boasts plenty of storage.
Valiant Lane is perfectly located close to a variety of transport links. The property is situated just a short cycle away from Cambridge train station with routes into the heart of London taking under an hour, making it perfectly placed for commuters. For road users, the A14 and M11 are easy accessible leading to the major road networks across the country.
The city of Cambridge provides a diverse offering to keep locals entertained. The city provides punting on the River Cam, scenic walks around Cambridge University's Botanic Garden and an excellent network of cycle paths in and around the city.
The recently opened Jubilee Square, including Marleigh Primary Academy, a nursery and community centre are close by. Future amenities include a convenience store, sports pitches and green open spaces all on the doorstep.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £53,779. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of February 2025.
*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent or L&Q for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other resales shared ownership property.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £365,000 |
|---|---|
| Minimum Share Percentage | 25% |
| Minimum Share Value | £91,250 |
| Monthly Service Charge | £368 |
| Minimum Deposit | £9,125 |
Valiant Lane is perfectly located close to a variety of transport links. The property is situated just a short cycle away from Cambridge train station with routes into the heart of London taking under an hour, making it perfectly placed for commuters. For road users, the A14 and M11 are easy accessible leading to the major road networks across the country.
The city of Cambridge provides a diverse offering to keep locals entertained. The city provides punting on the River Cam, scenic walks around Cambridge University's Botanic Garden and an excellent network of cycle paths in and around the city.
The recently opened Jubilee Square, including Marleigh Primary Academy, a nursery and community centre are close by. Future amenities include a convenience store, sports pitches and green open spaces all on the doorstep.
Parking
- Allocated parking
Others
- Balcony
- Central heating
- Double Glazing
Outside space
- Communal Garden