School Lane, Lower Cambourne, Cambridge
CO

School Lane, Lower Cambourne, Cambridge

By Connells

£ 159,975

Reviews

2 out of 5 stars

Connells says ..

Rarley available 75% shared ownership, with no rent to pay set in Lower Cambourne close to local amenities lies this ground floor apartment with a single garage. Benefitting from kitchen with a separate lounge/diner, two bedrooms and a family bathroom.

Property Oracle says ..

This 2-bedroom, 1-bathroom ground floor apartment in Cambourne, Cambridgeshire, is marketed as a 75% shared ownership property with no rent to pay. Located on School Lane, it benefits from proximity to the highly-rated Cambourne Village College. The apartment features a relatively modern kitchen, and a good-sized lounge. While the interior condition appears to be good, potential buyers might consider the relatively dated style of kitchen, bathroom and flooring. The property lacks significant outdoor space and has a relatively small amount of land. The lack of specific transportation information necessitates a more thorough investigation before determining the suitability of the location. However, given the village’s development rate, we should anticipate satisfactory access to amenities. Overall, the property would appeal to first-time buyers or those seeking a convenient and affordable entry point to the Cambourne housing market, especially those with children and an interest in the area’s excellent schooling. The 75% shared ownership model should be carefully considered by any potential buyer, as this may alter the value perception and investment return compared to a traditional free-hold property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
731.95

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
294,063.00 £
Decreased by 22.87 %
from 381,241.00 £
Est sale value
221,780.85 £
Decreased by 13.68 %
from 256,914.45 £
Average area rental value
1,509.00 £/mo
Decreased by 0.79 %
from 1,521.00 £/mo
Est letting value
731.95 £/mo
Unchanged by 0.00 %
from 731.95 £/mo
Est rental Yield
6.16 %
Increased by 28.60 %
from 4.79 %
Crime Rate
26.00 %
Unchanged by 0.00 %
from 26.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Cambourne Village CollegeFree SchoolsOutstanding0.23 KM
Monkfield Park Primary SchoolCommunity SchoolGood1.39 KM
Cambourne Child And Family CentreChildren's Centre1.94 KM
Jeavons Wood Primary SchoolAcademy Converter2.43 KM
Bourn Cofe Primary AcademyAcademy Converter3.23 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
279/1 £ 000.00 KM
Mclaren Street £ 000.00 KM
Sheepfold Lane £ 000.00 KM
Fitzroy Close £ 000.00 KM
Sharland Lane £ 191,33300.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
School Lane, Lower Cambourne, Cambridge £ 159,975BUY5 / 100.00 KM
School Lane, Lower Cambourne, Cambridge £ 425,000BUY6 / 100.00 KM
School Lane, Lower Cambourne, Cambridge £ 159,975BUY5 / 100.00 KM
Brookfield Way, Lower Cambourne, CAMBRIDGE £ 375,000BUY6 / 100.11 KM
Brookfield Way, Lower Cambourne, Cambridge £ 325,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
83 School Lane £ 220,0000.00 KM
109 School Lane £ 128,2500.00 KM
135 School Lane £ 190,0000.00 KM
131 School Lane £ 191,2500.00 KM
139 School Lane £ 156,0000.00 KM