*** LAST REMAINING HOME with a £1,000 flooring incentive^ ***
This brand new home is available to buy from as little as £73,750 with a 25% share!
Discover Cromwell Abbey, an attractive collection of two and three-bedroom Shared Ownership homes developed by Bovis Homes and offered through Muir Housing. Situated in the charming market town of Ramsey, these beautifully designed homes combine contemporary living with traditional styling. Each home has been thoughtfully designed with modern fitted kitchens, spacious accommodation and private gardens, alongside desirable features including solar panels, driveway parking, double glazing and energy-efficient insulation. Offering an excellent opportunity to step onto the property ladder, Cromwell Abbey is ideally suited to first-time buyers, couples and growing families.
The historic market town of Ramsey offers an appealing blend of countryside charm and everyday convenience. Residents can enjoy a range of local amenities, including independent shops, supermarkets, cafés, traditional pubs and leisure facilities. The town also benefits from primary and secondary schooling, while nearby Ramsey Abbey and Ramsey Rural Museum provide a glimpse into the area's rich heritage. Surrounded by attractive Cambridgeshire countryside, the development is well positioned for those who enjoy outdoor pursuits, with scenic walking routes and nature reserves nearby. The larger towns of Huntingdon and St Ives offer further shopping, dining and recreational opportunities.
Cromwell Abbey enjoys convenient transport connections, making it an appealing choice for commuters and families alike. Huntingdon railway station provides regular services to London St Pancras, with journey times of under an hour on selected services, while Peterborough offers additional mainline connections to London and destinations across the country. The nearby A141 provides access towards Huntingdon and Peterborough, with onward connections to the A1 and surrounding road network. Cambridge is also accessible by road, offering a wider range of employment, shopping and leisure opportunities.
Plot 21 is an attractive semi detached home offering spacious and thoughtfully designed accommodation, ideal for modern family living. The ground floor comprises a welcoming entrance hallway, a generously proportioned living room and a separate kitchen/dining room and a convenient downstairs WC. Upstairs, the property benefits from three bedrooms and a family bathroom. Externally is parking and a garden.
PRICING & AFFORDABILITY
Full Market Value: £295,000
25% Share Price: £73,750 (rent £507.03pcm)
50% Share Price: £147,500 (rent £338.02pcm)
75% Share Price: £221,250 (rent £169.01pcm)
Minimum 5% Mortgage Deposit (25% share): £3,688
Approximate Service Charges: £63.09 pcm*
Shared Ownership Lease: 250 years
Council Tax Band: TBC
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
At Cromwell Abbey you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be you...
