For Sale in Ely, Cambridgeshire

3 bedroom Semi-Detached House

£ 295,000

Equity share:40% / £ 118,000

Shared Ownership available in Ely, Cambridgeshire – 3 bed semi detached house available for £118,000 for 40% share

Key features of this part buy part rent Cambridgeshire home

Stonewater Homes are marketing this lovely shared ownership property on behalf of the vendor. This is a 3 bedroom semi – detached house that consists of an entrance hallway, downstairs cloakroom, kitchen, living room, 3 bedrooms family bathroom. There is a 40% share available for £118,000 with the ability to purchase additional shares of up to 100%. Service charges and rent at the property amount to £355.66. EPC rating is current ‘C’ with Gas central heating.

Externally you will find an enclosed rear garden, a single garage and one allocated parking space.

The property is located within walking distance of the local primary and secondary schools, shops and restaurants. Close by you also have a leisure centre and playing fields.

Eligibility

Shared Ownership homes are aimed at first time buyers or those who used to own a home, but are unable to buy one at the moment. It’s a way to get your foot on the property ladder enabling you to buy your first home.
  • You are eligible if you have a household income that is less than £80,000 per year (in London it is less than £90,000).
  • You don’t have to get a massive deposit because you will only need a mortgage for the share you are buying.
  • The share of a property typically starts at 25% which you can take out a mortgage for, although the amount of share available to buy will be dependent on the housing provider.
  • In addition you be required to pay a reduced rent as well as a mortgage.
Are you interested in this shared ownership property? Please fill in the form and we will get back in touch. Thank you.

Property listed on MovingSoon.co.uk by Stonewater Homes Resales.

Please make sure you include a contact number and email address as well as quoting Property ID (#77869) when submitting your enquiry.

  • Garden
  • Parking
  • Shared Ownership Resales

22 Allen Road, Ely, UK, CB7 4NL

Overall Property Price
£ 295,000
Shared Ownership Amount From
40% / £ 118,000
Estimated Monthly Service Charge
£ 34
ID
77869
Type
Semi-Detached House
Contract
Shared Ownership
Tenure
Leasehold
Location
Cambridgeshire / Ely
Bathrooms
1
Bedrooms
3
Energy Rating
Unknown
Date Listed
Estimated Available From Date
Now
Property Views
1877

Stonewater Homes Resales

Suite C Lancaster House Grange Business Park, Enderby Road, Whetstone, Leicester, LE8 6EP
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For Sale in Ely, Cambridgeshire

3 bedroom Semi-Detached House

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