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For Sale
£122,100 (Price)
Full Market Value from: £370,000

Oak Ln, 9, Oak Lane, Cambridge, CB22 3UY

9, Oak Ln, Oak Lane, Cambridge, CB22 3UY

Shared Ownership End of terrace house

Bedrooms: 2
Furnished: Unfurnished
Reception rooms: 1
New Build: Yes
Bathrooms: 1
Area: 82.6 m2
Council Tax Band: C
Lease Years: 113
Description

A Versatile Two-Bedroom End-of-Terrace in the Sought-After Village of Babraham

Situated in a peaceful residential setting in the attractive village of Babraham, Oak Lane offers a modern and versatile end-of-terrace home, ideally suited to first-time buyers, couples and growing families. Built in 2013, the property offers approximately 890 sq ft (82.6 sq m) of accommodation, with a flexible layout that allows for a third bedroom.

The ground floor features a fitted kitchen with an oven and a spacious sitting/dining room, creating a welcoming space for everyday living and entertaining. The reception room enjoys views across the front garden and opens directly onto the private rear garden, providing a natural connection between indoor and outdoor living. A convenient ground-floor WC completes the downstairs accommodation.

Upstairs, the property offers two bedrooms and a family bathroom. The principal bedroom has been arranged to create two comfortable sleeping areas, with built-in wardrobes providing useful storage. The second bedroom offers flexibility for use as a child's bedroom, home office or guest room.

Outside, the property benefits from both front and rear gardens, providing space to relax and enjoy the outdoors. A long private driveway offers off-street parking for approximately two to three vehicles, with double gates leading through to the secure rear garden.

Location

Babraham combines an appealing village atmosphere with convenient access to Cambridge and the surrounding area. Local amenities include the village primary school, nursery and a highly regarded local pub. The popular Gog Farm Shop & Café and scenic trails of Wandlebury Country Park are a short drive from the property.

For commuters, the property is well placed for access to the A11 and M11. Whittlesford Parkway railway station is approximately 3 miles away, with Cambridge South station around 5 miles away, offering rail connections towards London and beyond. Nearby bus services also provide access to Addenbrooke's Hospital and Cambridge city centre.

Key Features

 Modern end-of-terrace home 

 Built in 2013

Approximately 890 sq ft (82.6 sq m) of accommodation

Two bedrooms with the option of a third

Spacious sitting/dining room with garden access

Fitted kitchen with oven

Ground-floor WC

Family bathroom

Built-in wardrobes to the principal bedroom

Front and private rear gardens

Long driveway with parking for approximately two to three cars

Double gates providing access to the secure rear garden

Heat source air pump heating

Energy Performance Certificate (EPC) rating C

Council Tax Band C

 Located in the sought-after village of Babraham

 Convenient access to the A11, M11 and Cambridge

125-year lease, with 112 years remaining


Key Information

Tenure: Shared Ownership

Available Shares from: 33%

Full Market Value: £370,000

Share Value (initial purchase) from: £122,100

Rent : £513.32

Service Charge: £42.21

Lease Length: 112 remaining

Council Tax Band: C

EPC Rating: C

* Please note that the maximum ownership for this property is 80% 

Eligibility for Shared Ownership

In order to be eligible to purchase a Shared Ownership house or apartment, there are several general criteria you must meet:

  • You must be at least 18 years’ old with a clean credit history
  • Your annual household income must be less than £90,000 in London, or £80,000 outside of London
  • You’re a first-time buyer, a previous homeowner that cannot afford to buy one now, or an existing shared homeowner
  • You must not be in mortgage or rent arrears, demonstrate a good credit history and be in a position to afford the regular payments

Find out what you can afford

Unsure of how much you can afford to borrow towards the purchase of a home? Use our Affordability Calculator below to receive an assessment* of how much you’re likely to be able to borrow based on your income.

Shared Ownership
*The affordability calculators give you an indication of affordability only. Your initial affordability assessment will need to be completed by an Mortgage Broker.
Register your interest in Oak Ln, 9, Oak Lane, Cambridge, CB22 3UY