Share Price £70,000 (from 50% Min. Share)

Full Value £140,000 | £3,500 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Ely - Cambridgeshire

place Kingsley Walk, CB6 3BZ

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Hundred Houses

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One bedroom apartment with great links to Cambridge!


Description

Iceni homes are delighted to offer for shared ownership sale this attractive ground floor maisonette. The property offers open plan living and kitchen area, bedroom and refitted bathroom. The property benefits from gas central heating and communal garden.


FULL MARKET VALUE : £140,000
SHARE AVAILABLE : 50%
MONTHLY SERVICE CHARGE : £11.25
MONTHLY RENT : £160.42 based on 50% ownership

The property is situated within a quiet cul de sac and within close proximity of a number of shops, pubs and restaurants.

The property also benefits from being only a short drive from Ely City Golf Club and offers fantastic access to the A10.


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Calculate Monthly Cost

Share price
£ 70,000
Min. £70,000
Share percentage
Min. 50%
Your deposit
Min. £3,500
Monthly cost*
£509
Cost breakdown
£160
Rent
£11
Service charge
£338
Mortgage*
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Hundred Houses

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Location

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.