3 bedroom Terraced house for sale in Ellis Road Trumpington Cambridge CB2

Sale Price: £147,000

Ellis Road, Trumpington, Cambridge CB2

Terraced
3 Bed(s)
1 Bath(s)
Available

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Street Address

Ellis Road, Trumpington, Cambridge CB2

Property description

If outright purchase isn’t an option there is still a far better alternative to renting. Shared ownership allows you to buy an initial share in one of our homes that you can afford. This means that you can get into home ownership in manageable stages. In the future you can simply sell your share for its value at the time. Alternatively you can buy further shares in your home, until you own it outright.

We offer initial shares between 25% - 75% of the current value of the property. In the future you can simply sell your share for its value at the time. Alternatively you can buy further shares in your home until you own it outright. You pay a subsidised ‘rent’ on the remaining share that you haven’t initially bought; this means that your monthly outgoings will be affordable in relation to your income.

Full value: £420, 000

Price Example:

35% share of a home with a full value of £420, 000 is £147, 000
Monthly rent: £625.62
Monthly Service Charge: £21.77
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