About this property

Key features
  • 2 Bedroom Coach House Apartment
  • Spacious Lounge / Dining Room
  • Car Port
  • Gas Radiator Heating
  • No Upward Chain
  • 30% Shared Ownership
  • Leasehold / Council Tax Band A / EPC Rating C
Description
A modern and spacious coach house apartment offered for sale on a 30% shared ownership basis. Accommodation comprises ground floor entrance hall and stairs leading to the first floor landing, lounge/dining room with archway to kitchen, 2 bedrooms and shower room. There is also a car port situated beneath the flat.

ENTRANCE LOBBY With stairs to first floor and front door.

FIRST FLOOR LANDING With double glazed window to rear aspect, access to loft, radiator.

LOUNGE / DINING ROOM With 2 double glazed windows to front aspect, television point, built-in cupboard, 2 radiators, archway to:

KITCHEN With a range of wall and base level storage units, work surfaces and drawers, built-in electric oven, hob and extractor hood, plumbing for washing machine, stainless steel sink unit and drainer, wall mounted gas fired central heating boiler, 2 double glazed windows to rear aspect.

SHOWER ROOM With shower, low level WC, pedestal hand wash basin, double glazed window to rear aspect, shelving, heated towel rail.

BEDROOM 1 With double glazed windows to front and rear aspects, telephone point, television point, 2 radiators.

BEDROOM 2 With double glazed window to front aspect, telephone point, television point, radiator.

OUTSIDE There is an open fronted car port situated beneath the car port.

AGENT NOTES The purchase price represents a 30% share with there being a monthly rental payment in respect of the remaining 70% of £341.69 per month.
Tenure - Leasehold
Length of Lease - 125 years from 1st April 2009.
Annual Ground Rent - £300 until 31st March 2034. From 1st April 2034 increases to £600 per annum
Service Charge – £37.11 per month
Service Charge Review Period - Every 1st of April.
Council Tax Band - A
Property Type - Coach House
Property Construction – Brick elevations under a tiled roof
Number & Types of Room – Please refer to the floorplan
Square Footage - 678 according to the EPC
Parking – Car port

Utilities / Services
Electric Supply - mains
Gas Supply - mains
Water Supply – mains
Sewerage - mains
Heating sources - gas central heating to radiators
Broadband Connected – tbc
Broadband Type – according to ofcom.org.uk Standard (16 Mbps) Superfast (240 Mbs) and Ultrafast (1000 Mbps) is available within the area, highest available download speeds shown in brackets
Mobile Signal/Coverage – indicated to be "good" for 4 out of 4 of the main providers checked according to ofcom.org

VIEWING ARRANGEMENTS Strictly by appointment with the Agents.

CRITERIA FOR BUYING SHARED OWNERSHIP The buyer will need to meet the following criteria in order to purchase the property:

Buyers must earn less than £80,000 to £90,000 per annum.

Buyers buying minimum share must complete the affordability assessment with TMP mortgage advisors.

Applicants must have access to £3,500 savings to cover purchasing costs. A higher level of savings will be required to obtain a mortgage.

Priority will be given to serving military personnel.

First time buyer only or a buyer selling another property.

Get in touch

25, Market Place, Ely, CB7 4NP, Cambridgeshire

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