Offered for sale by East Cambridgeshire Community Land Trust, this 2 bedroom first floor apartment has been renovated and improved to a good standard and is now offered for sale with no upward chain.

Located on the edge of Ely on a mature development which once housed RAF and US Air force personnel and their families, the estate has been a familiar landmark with families in the city for more than 40 years. It holds a nostalgic place in the hearts and minds of many Ely residents, with the adjacent RAF hospital – now named after the Princess of Wales.

GROUND FLOOR ENTRANCE HALL With mat well, staircase leading to the first floor.

LOUNGE With radiator.

KITCHEN With single sink unit and drainer with mixer taps, fitted with a range of matching units and complimentary work surfaces including base units, wall mounted units and drawers, fitted oven, hob and extractor hood, plumbing for automatic washing machine, space for fridge/freezer, Worcester boiler supplying the gas fired central heating system.

BEDROOM 1 With fitted double wardrobe, radiator.

BEDROOM 2 With fitted double wardrobe, radiator.

BATHROOM With suite comprising pedestal hand basin, low level WC, heated towel rail, panelled bath with shower attachment, double size shower cubicle.

OUTSIDE The property has 2 allocated parking spaces situated nearby.

PARKING The exclusive right to use the car parking space(s) for the purposes of parking a private motor car only.

ESTATE & SERVICE CHARGE The estate roads and sewers are private and therefore all residents will contribute to their upkeep. The initial annual service charge is approximately £472.00 per annum payable monthly along with an annual charge to cover buildings insurance which is £190.18.

AGENTS NOTES 1.Purchasers will be subject to an eligibility criteria included within these particulars and provided by East Cambs CLT, the freeholder.

2.Rent will be payable on the non-owned part of the property as follows The rent is £233.18 PCM along with the insurance which is £15.85 PCM, which is a total of £282.70 payable to East Cambs CLT, per month (from 1st December 2023).

3. The property is offered on a shared ownership basis. The minimum share available on this apartment is 45% as stated on these particulars and the maximum is 50%. After 1 year of occupancy purchasers will be able to apply for extra shares up to 100%

4. All prospective purchasers should read the Development Facts information contained within these details regarding the development within the estate.

5. The purchasers are advised that this is not a newly built property, it is sold as seen and not covered by any new build warranty, warranties provided by Palace Green Homes or any third party. Therefore, interested parties are advised to employ their own legal professionals and a surveyor prior to making any transactional decisions.

6. The property has a combination of luxury vinyl and carpet flooring.

MATERIAL INFORMATION Tenure - Leasehold
Length of lease - 125 years
Monthly rent amount on un-owned part- £233.18
Rent review period - 1st December annually
Annual service charge amount - £472.00
Service charge review period - annually
Buildings Insurance payment - £190.18 per annum
Insurance payment review period – annually
Council tax band - A

VIEWING ARRANGEMENTS Strictly by appointment with the Agents.