We offer to the market the opportunity to purchase this shared ownership, mid terraced home located in the popular City of Ely. The property comprises of Entrance Hall, Lounge, Kitchen / Diner at the rear providing access to the garden as well as two Double Bedrooms and a Bathroom.
Outside the property is a small front garden and an enclosed rear garden with paved patio and gated access at the rear.
This property is offered for sale with no forward chain and is available to view by appointment.
Entrance Hall - With door to front and door leading into.,
Lounge - With window to front, radiator, stairs to first floor and door through to...
Kitchen / Diner - Range of base and wall units, cupboards and drawers with worksurfaces over, stainless steel sink with mixer tap over, plumbing for washing machine, space for single oven with extractor hood over, space for fridge/freezer, storage cupboard, radiator, door to the rear leading to the garden and window to the rear.
First Floor - Provides access to bedrooms and bathrooms.
Bedroom 1 - Window to the front, radiator and an airing cupboard housing the hot water tank.
Bedroom 2 - Window to the rear and radiator.
Bathroom - Fitted with a three piece suite, comprising of low level WC, wash hand basin and panelled bath with shower over, window to the rear, loft access, radiator and tiled splashbacks.
Outside - To the front there is a small front lawn with path leading to the front door. The rear is mainly laid to lawn with patio and gated access at the rear.
Agents Note - Price is for 76% ownership of the property. Rent is £53.50 per calendar month for the remaining 24% share. The tenure is Leasehold. We understand the original 999 year lease commenced in February 1992. We understand that there is no option to purchase a further share of this property.
The property is being sold on a shared ownership basis with the City of Ely Council. Prospective purchasers will need to qualify with the City Council's criteria as detailed on their website, . For further information on the scheme purchasers can also speak with Sarah Jay at the City of Ely Council on[use Contact Agent Button] or [use Contact Agent Button]
Viewing Arrangements - Strictly by appointment with the Agents.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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