Otter Road, Cambridge, CB23

The Property
Perfectly situated in the desirable and well-connected Upper Cambourne area, Otter Road presents a fantastic opportunity to step onto the property ladder with this modern two-bedroom end-of-terrace home, available on a 60% shared ownership basis. Offering well-presented interiors, a private garden, and off-road parking, this is an ideal home for first-time buyers or those looking to secure a property in a thriving community close to Cambridge.

Ground Floor:
A welcoming entrance hallway offers access to the main living areas a convenient ground floor WC and understairs storage.

To the front of the property is the modern kitchen, fitted with a range of white high gloss base and wall units, integrated oven and gas hob, and space for a fridge/freezer and washing machine. A large front window allows in plenty of natural light.

To the rear, the spacious living/dining room provides a relaxing and sociable environment with a door opening onto the private rear garden, ideal for summer entertaining and everyday enjoyment.

First Floor:
Upstairs comprises two well-sized bedrooms, both of which benefit from neutral décor and good natural light.

The family bathroom is stylishly appointed with a bath and shower over, pedestal sink, and WC, complemented by modern tiling.

Exterior:
To the rear, the private garden features a paved patio area, lawn, and a secure side gate. A timber shed is included, ideal for storage of gardening tools or bicycles.

The front of the property benefits from off-road parking for two vehicles.



Shared Ownership
60% ownership share
Subject to eligibility and approval by the housing association
Rent payable on remaining 40%;
Admin Charge: £.043 DB
Assured Rent: £276.27 DB
Buildings Insurance: £36.68 DB
Grounds Maintenance: £2.86 DB
All paid monthly and reviewed annually.

No one is classed as processable for a shared ownership property if they earn more than £80,000 as a combined household income annually or own another property. If you are selling, you are only proceedable once you are SSTC with a complete chain.

This property does have a local connection restriction meaning that you must live work or have a family connection to the South Cambridge District council area.

Despite Flagship retaining a share in the property, the property will be sold as seen, and is not Flagship’s responsibility to make any repairs or maintain the property. All property inspections are the responsibility of the buyer prior to exchange.

For any potential buyer, the homebuyer’s information should be provided when you register
your interest in a shared ownership home.

Location
Otter Road forms part of the modern Upper Cambourne community, offering easy access to local schools, Cambourne Village College, supermarkets, GP surgeries, and green spaces including lakeside walks and parks. The A428 offers a direct route into Cambridge city centre and links to the M11 and A14. Frequent bus services and nearby train stations at St Neots and Cambridge North make this an excellent commuter location.

TO BOOK A VIEWING WITH PURPLEBRICKS - You can use the brochure link in the full property description in the Rightmove advert or book online via or call to speak to an expert - whatever you need, we're available. Reach us from 9am - 6pm between Monday and Friday, and from 9am - 5pm on a Saturday.

Property ownership information

Tenure: Shared ownership

Percentage share owned: 60%

Additional monthly rent: £316.24

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 25/03/2114

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.