Share Price £63,000 (from 30% Min. Share)

Full Value £210,000 | £3,150 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Little Canfield - Essex

place Mortymer Close, Little Canfield, CM6 1FQ

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Swan

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one bed first floor flat - one allocated parking space


Description

The property comprises a purpose built self contained one bedroom first floor flat positioned in a three storey block.

Located in the popular small village of Little Canfield. Local amenities include Takeley Primary School and Childrens Day nursery. Within the a short walk to village shop and other local amenities and facilities.


Key Features

Entrance Hall

Living / dining room

Bathroom / WC

Bedroom

Central Heating

One allocated parking space


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Calculate Monthly Cost

Share price
£ 63,000
Min. £63,000
Share percentage
Min. 30%
Your deposit
Min. £3,150
Monthly cost*
£678
Cost breakdown
£242
Rent
£122
Service charge
£314
Mortgage*
Calculated using a representative rate of 3.94%
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Swan

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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.