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2 bedroom terraced house for sale
Ramsey Road, Ely, Cambridgeshire
£180,000
Ramsey Road, Ely, Cambridgeshire
£180,000
Price History
Initial price | £185,000 |
25/09/24 | £180,000 |
Price Change | -2.70% |
Description
This two-bedroom mid-terrace house in Ely is available on a 76% shared ownership basis, making it an excellent opportunity for first-time buyers. The property is located in a convenient cul-de-sac position, just off Larkfield Road, and is within a mile of the city centre. The house has undergone several improvements, including the replacement of PVCU double glazing and landscaping of the front and rear gardens. The interior features a sitting room with a staircase to the first floor, a kitchen/dining room with a range of wall and base units, and two bedrooms with built-in storage. The bathroom is complete with a panel-enclosed bath, close-coupled WC, and pedestal wash hand basin. The property also benefits from a nominal monthly rent charged on the remaining 24% share. The shared ownership scheme is designed to meet the housing needs of local people who would otherwise be unable to purchase a home in the commercial market. To be eligible, applicants must either live or work in the parish or have close relatives living in the area, and their income must be insufficient to enable them to purchase a home in the commercial market.