Valerian Gardens, Soham, Ely

A modern 3-storey semi detached property offered for sale on a 50% shared ownership basis. Accommodation comprises on the ground floor, entrance hall, cloakroom/utility area and open plan kitchen/dining/living room, whilst on the first floor there are 2 bedrooms (1 ensuite) and on the second floor 2 further double bedrooms and a bathroom. Outside there is a driveway, car port and enclosed rear garden.

Entrance Hall - With door to front aspect, stairs to first floor, radiator.

Cloakroom / Utility Area - With low level WC, hand wash basin, base level storage units and worktop, integrated washing machine, cupboard housing gas fired boiler, double glazed window to front aspect, radiator.

Kitchen / Dining / Lounge - Kitchen area with wall and base level storage units, work surfaces and drawers, integrated dishwasher, fridge/freezer, electric oven, gas hob and extractor hood, under stairs storage cupboard, double glazed window to side aspect, patio doors to rear garden, 3 radiators.

First Floor Landing - With double glazed window to front aspect, radiator, stairs to second floor.

Bedroom 1 - With 2 double glazed windows to rear aspect, built-in wardrobes, radiator.

Ensuite - With shower cubicle, low level WC, wash basin, heated towel rail.

Bedroom 2 - With double glazed window to front aspect, radiator.

Second Floor Landing - With access to loft and built-in cupboard.

Bedroom 3 - With 2 double glazed windows to rear aspect, radiator.

Bedroom 4 - With 2 double glazed windows to front aspect, radiator.

Bathroom - With suite comprising low level WC, pedestal hand wash basin, panelled bath, double glazed window to side aspect, heated towel rail.

Outside - To the side of the property there is a driveway and car port with gated access leading into an enclosed rear garden which is mainly laid to lawn, together with pond and timber built shed.

Agent Notes - The purchase price represents a 50% share with there being a monthly rental payment in respect of the remaining 50% of £552.76 per month

Tenure - leasehold
Length of Lease - Originally 125 years, 119 years remaining (as of May 2024)
Annual Service Charge – tbc
Service Charge Review Period - tbc
Lease Management Fee - £24.76 per month
Insurance Charge - £15.64 per month
Council Tax Band - D
Property Type - 3-storey semi detached
Property Construction – standard
Number & Types of Room – Please refer to the floorplan
Square Footage - 1369 according to the floor plan
Parking – car port

Utilities / Services
Electric Supply - mains
Gas Supply - mains
Water Supply – mains
Sewerage - mains
Heating sources - gas radiator heating
Broadband Connected – yes
Broadband Type – according to Ofcom.org.uk, standard (16Mbps), superfast (98Mbps) and ultrafast (940Mbps) are available, maximum download speeds shown in brackets
Mobile Signal/Coverage – according to Ofcom.org.uk there is limited voice coverage for 3 out of the 4 main providers checked and limited data coverage for 2 out of the 4 main providers checked

Buyer Criteria -

Key criteria are:
Buyers must be at least 18 years old
Buyers must have a total household income under £80,000 (£90,000 in London)
Buyers must meet the Homes England affordability and sustainability assessments
Buyers are expected to use any savings and assets towards the purchase of their home. This may mean selling assets such as bonds, shares, land and any other financial investments. Buyers in receipt of benefits are eligible for shared ownership provided they meet the Homes England affordability assessment (not all benefits are eligible)
Self-employed buyers must be able to provide 2-years evidence of their income

Buyers must purchase the maximum share they can reasonably afford within the parameters of the Homes England calculator
Shared owners must be first time buyers or do not own another property in the UK or any other country or have a memorandum of sale for their existing property.
Buyers must have good credit history and must not have the following
A mortgage or rent arrears
Other bad debts
County Court Judgements
Buyers must have a minimum 5% deposit towards the share they are purchasing
Buyers may retain a portion of their savings to cover the costs of purchase and moving home (typically up to £5,000). This may include:
Legal fees
Stamp Duty Land Tax where applicable
Mortgage application fees
Valuation fees and any associated moving costs

Viewing Arrangements - Strictly by appointment with the Agents.