Share Price £119,000 (from 35% Min. Share)

Full Value £340,000 | £5,950 Min. Deposit

Scheme: Shared Ownership

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Highflyer Gardens - 3 bed house in Ely - Cambridgeshire

place King's Meadow, Kings Avenue, CB7 4QW

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Charming collection three and four bedroom homes on the edge of Ely


Eligibility

Reserve for just £125* – offer available until 31st October 2020

Reserve your dream home with Shared Ownership for less – simply contact Clarion Housing today and find out how easy it is.

*Fee reduced from £500. Offer available until 31st October 2020 and applies to all Shared Ownership purchases with Clarion Housing. If the property does not exchange within 42 days of the reservation fee being taken then the full £500 reservation fee will be required. Full T&Cs available on request.

Am I eligible?

Applicants must live or work in the East Cambridgeshire area.

  • You must be at least 18 years old.
  • You cannot afford to buy a home suitable for your needs on the open market. You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.
  • Your annual household income must be less than £80,000.
  • You must be a first time buyer or existing shared owner*. If you already own a home, you need to move but you cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.

Description

About Highflyer Gardens

Introducing a charming collection of three and four bedroom townhouses available for Shared Ownership at this brand new development on the edge of Ely.

The wider King’s Meadow development is a peaceful new family neighbourhood surrounded by stunning views across the Fens, located just five minutes drive from the centre of the beautiful cathedral city of Ely.

The lively historic centre is home to the beautiful gothic Ely Cathedral as well as an excellent range of shops, restaurants and leisure facilities nearby including Waitrose and Sainsbury’s supermarkets and a multi-screen Cineworld cinema.

Ely benefits from excellent road and rail connections to Cambridge and London beyond, with Ely Station located three miles from the development, transporting you to nearby Cambridge in just 15 minutes, Peterborough in 35 minutes and London Kings Cross in around an hour and a quarter, with regular direct trains to all three destinations.

To register your interest or for any other enquiries please contact the Customer Service Team – Sales

Please note:

Images displayed may be examples of previous Clarion Housing developments that will not always be indicative of the specification at this development and may not correspond exactly to the available properties described.


Key Features

Kitchen

  • Kitchen units in Medford White
  • Laminate worktops in Everest Black or Stella Mare
  • Blanco single-bowl stainless steel sink with chrome mixer tap
  • AEG built-in single fan oven and 4 ring gas hob
  • Electrolux curved glass chimney hood
  • Quickstep Creo Louisiana Oak Natural laminate flooring

Bathroom

  • Armitage Shanks Sandringham WC and basin with monobloc tap
  • Armitage Shanks Sandringham bath with thermostatic shower mixer
  • Glass shower screen
  • Shaver socket
  • Porcelonsa Medano Caliza wall tiles in beige

General

  • Dulux white emulsion finish to walls and ceilings
  • Woodwork finished in Dulux satin white
  • Satellite Sky Q, cable TV and digital terrestrial TV capability
  • Two parking spaces
  • Private turfed garden and shed
  • Gas central heating
  • Predicted Energy Rating: B
  • Close to Ely and nearby Waitrose and Sainsbury’s supermarkets
  • 18 miles from Cambridge City Centre

*Whilst every effort has been taken to ensure that the information here is correct, it has been supplied as a guide. Clarion reserves the right to amend the specification as necessary and without notification.


Download Documents

Property brochure 1 Property price list

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 119,000
Min. £119,000
Share percentage
Min. 35%
Your deposit
Min. £5,950
Monthly cost*
£1,159
Cost breakdown
£506
Rent
£60
Service charge
£593
Mortgage*
Calculated using a representative rate of 3.94%
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Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.