A lovely presented modern end of terrace three bedroom family home, which is bigger than many other similar style properties nearby. It's situated in a quiet cul-de-sac on this popular development in the village of Witchford and ideally located just a few miles from Ely and surrounded by countryside.

WITCHFORD

is a village about 3 miles west of Ely and only about 14 miles from Cambridge. In the village there are public transport facilities to Ely, a preschool, primary school and secondary school, church, public house, sports and social club, post office/general store, garage and Chinese takeaway.

ENTRANCE HALL

with door to front aspect, staircase rising to first floor.

LIVING ROOM
4.61 m x 3.52 m (15'1" x 11'7")

with double glazed window to front aspect. Radaitor and door to:-

INNER LOBBY

with storage cupboard and sliding door to:-

DOWNSTAIRS CLOAKROOM

Fitted with a two piece suite comprising low level WC and wash hand basin.

OPEN PLAN KITCHEN/DINING ROOM
5.62 m x 3.00 m (18'5" x 9'10")

with double glazed window to rear and double glazed patio doors opening to rear garden. Radiator.
The KITCHEN AREA comprises a matching range of wall and base units with roll top work surfaces over and 1 & 1/2 bowl sink unit and drainer with mixer tap. Fitted electric oven with four-ring gas hob, extractor hood and light above. Plumbing for washing machine and dishwasher and additional space for an upright fridge freezer.

FIRST FLOOR LANDING

with walk-in storage cupboard.

BEDROOM ONE
4.60 m x 3.69 m (15'1" x 12'1")

with double glazed window to front aspect, fitted double wardrobe, storage cupboard and radiator.

BEDROOM TWO
3.37 m x 3.22 m (11'1" x 10'7")

with double glazed window to rear aspect. Radiator.

BEDROOM THREE
3.23 m x 2.12 m (10'7" x 6'11")

with window to rear aspect, storage cupboard, radiator.

FAMILY BATHROOM

Fitted with a three piece suite comprising low level WC, wash hand basin and bath with shower attachment over.

EXTERIOR

To the front of the property is a block paved driveway provided off road parking for at least two vehicles. Gated access leads to the rear garden

The rear garden is of good size and is not directly overlooked from behind. It is predominantly laid to lawn, with a small paved patio area and close board fencing to the boundary.

TENURE

The property is Leasehold with 122 years remaining.
Communal Maintenance & Service Charges - Vendor advised there are currently no charges
Rental Due on remaining 35% - £346.73 pcm.
Full ownership is also available.

YOUR GUIDE TO SHARED OWNERSHIP

Shared Ownership is designed to help those who would like to buy a home of their own, but who can’t afford to buy it outright. It offers a first step on the property ladder for anyone who wants to own their own home.

It is a part buy part rent scheme which can give you the opportunity to buy a share of a new home. You buy a share in the property and the Housing Association owns the remaining share for which you pay a subsidised rent. THE COMBINED MORTGAGE REPAYMENTS AND RENT WILL ALWAYS BE LESS THAN A MORTGAGE ON A WHOLE PROPERTY.

The initial share is a % and once you have owned the property for a specific amount of time, you can purchase additional shares (%) until you own the property outright (depending on the Housing Association guidelines).

You can sell the property at any time and the price will be based on an open market valuation determined by an independent valuer.

DO I QUALIFY?

To qualify for Shared Ownership you should be able to raise a mortgage for the share you are buying and to be able to afford the monthly ongoing costs of living in your new home including the subsidised rent.

Your ability to qualify for a mortgage will be affected by your credit history. It will not always be possible to obtain a mortgage if you have experienced serious credit problems in the past.

The amount you need to be earning will vary but you may not be eligible if the Housing Association feel that you could afford to buy a suitable property outright.

Usually you should be a first time buyer or somebody with an affordable housing need. Your name should not be on any existing mortgage.

You will need to complete a Housing Association application form.

INITIAL COSTS

Most people need to secure a mortgage to pay for their share of a new home. The maximum mortgage available is generally 95% of the purchase price of your share so you will need at least 5% of the price for a deposit. There are different types of mortgages available so you might find it easier to ask a mortgage adviser to find the best deal for you.

We have access to the services of local Independent Mortgage Advisers who are experts in Shared Ownership mortgages. If you would like their contact details, please let us know.

Your mortgage lender will normally need you to have a mortgage valuation carried out for which you may need to pay. There may also be a Mortgage Arrangement Fee, which could be between £500 - £1,000 based on a 95% loan depending on the lender and product.

You will need to instruct a solicitor when you buy a home. You should make sure you find a solicitor who has experience of Shared Ownership properties. We will happily recommend a solicitor to you if required.