Share Price £84,000 (from 35% Min. Share)

Full Value £240,000 | £4,200 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Brentwood - Essex

place Botham House, Rollason Way, CM14 4DQ

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Clarion Housing Group resales

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Fantastic one bed apartment with private balcony - buy with just a 5% deposit*


Eligibility

  • Minimum salaries required are: £29,716 (single), £33,716 (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 - 03333 214044
  • 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 April 2021


Description

A fantastic opportunity to own this well presented second floor one bedroom apartment, with private balcony, which is available from just £84,000* through shared ownership.

The spacious lounge area, fitted with wooden flooring, is a wonderfully light, bright space as there is a set of patio doors which allow plenty of natural light to flood into the room. The doors open onto a private balcony providing useful outdoor space.

The stylish kitchen/diner is fitted with wooden flooring, contemporary wooden units with contrasting light work surfaces, stainless steel oven, gas hob, stainless steel extractor fan and integrated appliances.

The bedroom is bright and airy and provides plenty of flexible space.

The contemporary bathroom is fitted with a white 3 piece suite, integrated shower in the bath, glass shower screen, chrome towel rail and is fully tiled around the bath and behind the sink and toilet.

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

The property is ideally located within walking distance of Brentwood High Street which has a good selection of retail, restaurants 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 and M25.

Early viewing is highly recommended.

For further information please contact Ismail Ali on 0300 456 0615 Ext 9781


Key Features

  • Buy with just a 5% deposit*
  • One bedroom
  • Private balcony
  • Second floor apartment
  • Access to off-street parking
  • Fixtures and fittings to be agreed
  • 112 years remaining on lease
  • Located within a modern residential development
  • Ideally located within walking distance of Brentwood High Street
  • Located just one mile of Warley Country Park
  • 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 and 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
£ 84,000
Min. £84,000
Share percentage
Min. 35%
Your deposit
Min. £4,200
Monthly cost*
£747
Cost breakdown
£275
Rent
£53
Service charge
£419
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.