£212,500
3 bed detached house for saleOrchid Fields, Ely, Cambridgeshire CB6
3 beds
3 baths
EPC Rating: B
About this property
50% shared ownership – £212,500 (full market value £425,000)
Monthly rent: £546.56 (inclusive of service charge)
Leasehold – approx. 987 years remaining
Staircasing available up to 80%
Spacious kitchen/diner with double doors to garden
Countryside views to the rear
This well-presented three-bedroom home features a bright kitchen/diner with double doors opening onto the garden, enjoying lovely open views, alongside a separate living room and convenient downstairs WC. Upstairs, there are three generously sized bedrooms, including a master with ensuite, plus a contemporary family bathroom.
With an NHBC warranty remaining, a long lease, and the ability to staircase up to 80%, this is an ideal option for buyers looking to get onto the property ladder in a prime location.
Eligibility Criteria:
To apply, you must:
- Have a household income of £80,000 or less
- Be unable to afford a suitable home on the open market
And meet one of the following:
- First-time buyer
- Previously owned a home but cannot afford to buy now
- Forming a new household (e.g. After a relationship breakdown)
- Existing shared ownership owner looking to move
- Homeowner needing to move but unable to afford a suitable property
If you currently own a home, it must be sold before completing your shared ownership purchase.
All applicants will undergo affordability and credit checks.
Additional Information
Subletting: Renting a room is permitted (must live in the property)
Full subletting only allowed with landlord & lender permission in exceptional circumstances
Pets: Domestic pets and caged birds permitted
Mortgage calculator
£1,063 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (987 years)
Service charge
Council tax band
TBC
Ground rent
Ground rent date of next review



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