Share Price £93,750 (from 25% Min. Share)

Full Value £375,000 | £4,688 Min. Deposit

Scheme: Shared Ownership

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The Arbour, Beaulieu - 3 bed house in Chelmsford - Essex

place Regiment Gate, CM1 6BQ

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Launching Summer 2021 - A stunning 3 bedroom house available exclusively through Shared Ownership at The Arbour, Beaulieu. Register your interest!


Description

Launching in Summer 2021, The Arbour will become a new neighbourhood within the Beaulieu development in Chelmsford, providing a variety of 1, 2 and 3 bedroom homes available exclusively through L&Q’s popular Shared Ownership scheme.

We will be releasing 1 & 3 bedroom homes at our first launch this Summer!

Prices start from £54,375 for a 25% share of a 1 bedroom apartment. Full purchase price of £217,500.

Prices start from £93,750 for a 25% share of a 3 bedroom house. Full purchase price of £375,000.

All of the homes are finished to a great specification throughout with integrated appliances, contemporary new kitchens and bathrooms, and quality flooring. What’s more, all homes come with allocated parking and the majority have private outdoor space.

About the development

Set around the majestic New Hall School, formerly King Henry VIII's Tudor palace, and its estate parkland, this large-scale development on the outskirts of Chelmsford is conceived as a series of individually designed neighbourhoods that provide a range of well-designed new homes and connect to the wider landscape and countryside.

Living at Beaulieu means you will have all your daily requirements in close proximity be it shopping or eating out, fitness facilities or entertainment. For instance, there are plenty of local amenities within the development, such as a mini supermarket, a dental and veterinary surgery, a recently opened school and a community centre, which will be opening very soon. For an even wider variety, Chelmsford City Centre offers the perfect balance of high street retailers, independent stores and ample entertainment opportunities such as the ice rick, Civic Theatre and the multi-screen cinemas.

Situated on the outskirts of Chelmsford, Beaulieu's location is a commuter's dream. All new purchasers at L&Q at Beaulieu are entitled to one year's free bus travel in Chelmsford, for up to four members of your household. The new 57 express bus service which operates between Beaulieu and Chelmsford City Centre, connects residents to Chelmsford Railway Station and Chelmsford Bus Station in under 25 minutes. From the station, commuters are then able to reach Stratford in just 25 minutes and Liverpool Street in 34 mins.* Additionally, with Beaulieu's own train station opening soon, links into London are set to further improve.

Register your interest

Please note that you are required to register with L&Q and Help to Buy South for Shared Ownership.

If you are already registered with L&Q and Help to Buy South, please register your interest today and our sales team will be in touch.

*Photos are for illustrative purposes only and may not represent a true likeness for the individual units being sold*


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Calculate Monthly Cost

Share price
£ 93,750
Min. £93,750
Share percentage
Min. 25%
Your deposit
Min. £4,688
Monthly cost*
£1,130
Cost breakdown
£539
Rent
£124
Service charge
£467
Mortgage*
Calculated using a representative rate of 3.94%
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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.