Share Price £203,000 (from 70% Min. Share)

Full Value £290,000 | £10,150 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Brentwood - Essex

place Britannia Road, Warley, CM14 5FH

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Clarion Housing Group resales

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Fantastic two bed apartment with allocated parking space - buy with just a 5% deposit*


Eligibility

  • Minimum salaries required are: £51,135 (single), £55,135 (joint)
  • Applicants must have access to £3,500 savings to cover purchasing costs. A higher level of savings will be required to obtain a mortgage
  • Applicants must be registered with the Help to Buy Agent, BPHA - www.helptobuyagent3.org.uk - 0800 456 1188
  • Applicants should have a live and/or work connection to the Essex district
  • Priority will be given to serving military personnel


Information correct as at May 2020


Description

A fantastic opportunity to own this well presented first floor two bedroom apartment, with allocated parking space, which is available from just £203,000* through shared ownership.

The apartment has a good sized entrance hallway, fitted with phone access system, and provides access to all rooms.

The spacious lounge/dining area room, fitted with wooden flooring, is a wonderfully light, bright space as there is a large bay window which allows plenty of natural light to flood into the room.

The stylish kitchen is fitted with contemporary wooden units with contrasting dark work surfaces, stainless steel oven, hob, stainless steel extractor fan and integrated appliances.

Both bedrooms are bright and airy and provides plenty of flexible space.

The bathroom is fitted with a white 3 piece suite, glass shower screen, separate shower in the bath and is fully tiled.

In addition the property benefits from access to off-street parking.

The property is ideally located within walking distance of Brentwood town centre and is close to local schools and amenities.

For commuters, there are frequent direct services to London Liverpool Street via Brentwood station, which is less than a mile away, and there is easy access to the road network via the A12.

Early viewing is highly recommended.


Key Features

  • Buy with just a 5% deposit*
  • Two bedrooms
  • First floor apartment
  • Access to off-street parking
  • Fixtures and fittings to be agreed
  • 114 years remaining on lease
  • Ideally located within walking distance of Brentwood town centre
  • Walking distance of Learn Road Nature Reserve
  • Frequent direct services to London Liverpool Street via Brentwood station (less than 1/2 mile away)
  • Easy access to the national road network via the A12/A127/M25
  • Current energy efficiency rating: B

*terms and conditions apply


Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 203,000
Min. £203,000
Share percentage
Min. 70%
Your deposit
Min. £10,150
Monthly cost*
£1,231
Cost breakdown
£144
Rent
£75
Service charge
£1,012
Mortgage*
Calculated using a representative rate of 3.94%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.