3-bedroom semi-detached house · PE26 1LN
For saleListed 14 days
Opportunity summary
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About
*** 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 your only residence. • You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
**These photos are for information purposes only and may not represent a true likeness for the units being sold.
They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific.
We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.
AI-Generated Visualisation: Some images have been created using AI to show the home's potential once decorated and furnished. These images are for illustrative purposes only.
^ Terms and conditions apply. The £1,000 incentive will be reduced from the purchase price upon completion. Speak to a sales advisor for more information.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Kilsby Crescent, Ramsey, Huntingdon
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