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    Lode Close, Soham, Cambridgeshire, CB7 5WN

    Guide Price £150,000Leasehold

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    Estimated Monthly Mortgage Payment:
    ÂŁ713 /mo.25 Years, 4% Interest
    Loan
    ÂŁ135,000
    Total Repay
    ÂŁ213,774

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    You’ll have to pay the stamp duty of:
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    0% up to ÂŁ125,000
    2% from ÂŁ125,000 to ÂŁ150,000
    Your effective stamp duty rate is 0.33%
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    Lode Close, Soham, Cambridgeshire, CB7 5WN

    Guide Price £150,000

    Flat
    2 Bedrooms1 Bathroom1 Reception

    Key Information

    Tenure:Leasehold
    Service charge:ÂŁ5,928 per year
    Ground rent:Not available
    Time remaining on lease:85 years
    Council tax band:A
    Broadband:up to 78Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    2 bedroom apartment for the over 55's
    Ideally located close to the town centre and rail station.
    Presented in good decorative order throughout
    The price guide is for a 75% share with Sanctuary retaining the remaining 25%
    Spacious Open plan living area
    Viewing by appointment
    No Onward Chain.

    Description

    Soham
    Soham is the second largest town in East Cambridgeshire and is located between Ely (6 miles) and Newmarket (7 miles), both of which have a wide range of shopping and leisure facilities. The A142 has good connections with Cambridge via the A14.
    Soham has its own range of local shops including the Co-Op & Asda and small eateries, pubs, hairdressers, leisure centre and doctors surgery. The town is a popular place to live for families due to the area’s proximity to Cambridge, Ely and Bury St Edmunds. There are three primary schools feeding into the well-regarded Soham Village College. Soham train station links to Ely and the mainline to Cambridge and London. London Stansted airport is a 40-minute drive via the A11.

    Description
    Spacious 2 bedroom supported living apartment in this very popular development close to the Town Centre, Library and Railway Station. Millbrook House has a communal lounge, restaurant, guest suite, hair salon, games room and a landscaped garden. There are lifts to all floors and level access throughout. There is a daytime reception with 24-hour care staff on site and secure door entry to the building and the apartment. The price guide is for a 75% share with Sanctuary retaining the remaining 25% and the purchase is limited to those over 55 years of age. There is no upward chain.

    Hallway
    Coved ceiling with two light points. Mains wired fire alarm. Central heating thermostat. Electric radiator. Storage cupboard with shelf, light and fusebox.

    Living Area - 5.72m x 3.56m (18'9" x 11'8")
    Part sloped ceiling. Double glazed window to the front aspect. Telephone point. Two ceiling light points. Electric radiator. TV point. Opening to:

    Kitchen Area - 3m x 3m (9'10" x 9'10")
    Range of units at base and wall level with worksurfaces over. Tiled splash areas. Integrated fridge and integrated freezer. Integrated automatic washing machine.Stainless steel sink with mixer tap. 4-Ring electric hob with stainless steel extractor over. Zanussi integrated single oven. Coved ceiling with fluorescent strip light.

    Bedroom 1 - 4.75m x 3.63m (15'7" max x 11'11")
    Double glazed window to the front aspect and double glazed picture window to the front aspect. Electric radiator. TV point. Ceiling light point.

    Wet Room - 3.05m x 2.18m (10'0" x 7'2")
    Electric Heater. Low level WC. Wash basin. Tiled splash areas. Mirror. extractor fan. Ceiling light. Shower area with rail/riser. Door from hall. Door from bedroom 1.

    Bedroom 2 - 3.99m x 3.78m (13'1" x 12'5" max)
    Double glazed window to the front aspect and double glazed picture window to the front aspect. Electric radiator. Coved ceiling and ceiling light point. TV point.

    Outside
    Communal Landscaped gardens surround the site and there is a parking area with visitor parking.

    Property Information.
    There are weekly social activities and themed events throughout the year which offer the owner a chance to meet new people and join the friendly community.

    The price shown is for 75% Shared Ownership.
    The management /service charge/rent fee to Sanctuary is currently £493.97 per month with an optional £17 per week charge for a pull cord and extra care service.
    There is free Wi-Fi in communal areas.

    The minimum age for this scheme is 55 years, we require proof of age for any prospective purchasers. Please also note that the purchaser cannot own another property, if they do, this must be sold prior or simultaneously with the purchase of the above property.

    The property is available only to purchasers assessed and approved by Sanctuary Housing who meet the residency criteria. The assessment involves completing an application form and having an informal interview, which is undertaken by the Scheme Manager.



    To be eligible to live at Millbrook House, you must:
    • Be aged 60 or over, or aged 55 or over if you have a disability.
    • Reside in, or have a family connection to the local area
    • Pass an interview process with Sanctuary Housing.

    There is circa 86 years remaining on the lease.

    ALL VIEWINGS ARE STRICTLY BY APPOINTMENT
    Local council is East Cambridgeshire District Council
    Tax Band is A.
    There is No onward chain and the apartment is available for immediate occupation.

    Soham Village College
    (0.29 miles)
    Outstanding
    Number of pupils: 1382
    Age Range: 11 - 16
    St Andrew's CofE Primary School
    (0.29 miles)
    Good
    Number of pupils: 462
    Age Range: 3 - 11
    The Weatheralls Primary School
    (0.37 miles)
    Requires improvement
    Number of pupils: 536
    Age Range: 3 - 11
    The Shade Primary School
    (1.27 miles)
    Good
    Number of pupils: 256
    Age Range: 3 - 11
    Fordham CofE Primary School
    (2.94 miles)
    Good
    Number of pupils: 377
    Age Range: 4 - 11
    Isleham Church of England Primary School
    (3.42 miles)
    Good
    Number of pupils: 204
    Age Range: 5 - 11
    Burwell Village College (Primary)
    (3.72 miles)
    Good
    Number of pupils: 437
    Age Range: 4 - 11
    Little Thetford CofE Primary School
    (4.22 miles)
    Good
    Number of pupils: 101
    Age Range: 4 - 11
    Exning Primary School
    (4.76 miles)
    Outstanding
    Number of pupils: 204
    Age Range: 5 - 11
    Stretham Community Primary School
    (4.88 miles)
    Good
    Number of pupils: 159
    Age Range: 5 - 11

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