1 bedroom Flat / Apartment
Ely Place, Monkswell, Cambridge
£115,000 Guide Price
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Discover a rare opportunity to own a beautifully maintained one-bedroom flat in the heart of Trumpington – one of Cambridge’s most desirable and well-connected residential areas. Designed exclusively for over-55s who work 15 hours or fewer a week.
Over 55's One-bedroom Flat
The development in this block also has right to manage (RTM) which gives all leaseholders the ability to take over the management of their block.
What truly sets this home apart is its unique purchase opportunity, the house is available to purchase at 70% of the total market value due to an affordable housing scheme in place for some of the properties in Ely Place.
You’ll have full ownership and enjoy the exact same service charge costs as those properties on the development costing 100% of market value.
When you choose to sell, the price will be based on 70% of the market value at the time, giving you outstanding value and long term affordability.
Another key feature is upon purchase a brand new 99-year lease will be granted at no extra cost.
The development is for over 55s and is managed by a local management company, with current annual service charges of approximately £952.17 per annum (£79.35 per calendar month). This covers the maintenance of the buildings and communal gardens, fire, gas and electrical safety checks, cleaning of communal areas, exterior cleaning and general gardening.
Property Reference: HRT011721386



Entrance
Accessed via a composite front door, the entrance hall provides a welcoming first impression. It features a convenient external storage cupboard, wood laminate flooring, double radiator and built-in airing cupboards. All principal rooms and the bathroom lead off this central hallway.
Sitting/Dining Room 13ft 5ins x 11ft 2ins (4.09m x 3.42m)
A spacious and light-filled open plan living/dining area with wood laminate flooring and double radiators. French doors open onto a private balcony, allowing in plenty of natural light. The room includes an electric feature fireplace with alcoves suitable for fitted or freestanding furniture, ample space for furnishings, numerous power sockets and a TV point.
Kitchen 11ft 8ins x 8ft 1ins (3.57m x 2.48m)
A well-equipped kitchen fitted with matching wall and base units and solid oak worktops. Integrated appliances include an electric hob with extractor fan above and a stainless steel inset sink. There is space for a full-height fridge/freezer, dishwasher or washing machine. The space is completed with partially tiled splashbacks, a double glazed window to the front and wood laminate flooring.
Bedroom 10ft 7ins x 10ft 4ins (3.25m x 3.15m)
A generously sized double bedroom featuring full-length double glazed windows with a radiator beneath. The room includes a built-in wardrobe, space for additional storage, electrical sockets and wood laminate flooring throughout.
Bathroom
A neatly presented three-piece suite comprising a full-length bathtub with power shower over, WC and wall-mounted basin. The bathroom is finished with tiled flooring, splashback surrounds and a double radiator.
Outside
Residents enjoy access to well-maintained communal gardens, a friendly community centre with a laundrette. There is residents parking available for the property and further visitor parking available no permit required. Guests may also use an on-site suite for overnight stays for an additional fee.
Agents Note
Council Tax Band: ALocal Authority: Cambridge City CouncilLease Length: 99 Years Service Charge: £2208.12 Per AnnumGround Rent: £25 Per AnnumIncluded in the service charge is the yearly boiler service and repair, if needed a replacement is also issued.
£551,689
Average price paid in Cambridge

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