2 bedroom apartment for sale
Available
River View, CM23 3FS
£167,500 · Shared Ownership Resale

Share percentage 50%, full price £335,000, £8,375 Min Deposit.

Available
2 bedrooms
£167,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £335,000, £8,375 Min Deposit.

Monthly Cost: £1,391
Rent £398, Service charge £158, Mortgage £835*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Eligibility
  • You are approved by the Help to Buy Agent.
  • You have a gross household income of no more than £80,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market (100% ownership).
  • You do not already own a home or you will have sold your current home before you purchase.
  • Priority will be given to people who live or work in the Borough
Summary

One 2-bedroom apartment available!

Description

A well-presented two-bedroom, top-floor apartment with lots of natural light is available through Shared Ownership scheme. This home is spacious and the two bedrooms are generous in size. The master bedroom has built-in wardrobes along with an en suite. This apartment has very good transport links and the town is a short walk away.

Great location for commuting, Bishop's Stortford Train Station is a 10-minute walk and will get you to London Liverpool Street in 30 minutes; Stansted Airport in 10 minutes, and Cambridge inside 30 minutes. Stansted Airport is also only a 15-minute drive and the M11, M25, A1 (M) and A414 are all within close proximity. Town centre is a short walk and contains various choices of restaurants, cafes, pubs and independent shops. A local market is held on a weekly basis.

Key Features

Accommodation compromises of:

  • Top Floor: Two bedrooms, two bathrooms (one en suite to master bedroom), front room, kitchen, large storage cupboard, built-in double wardrobe
  • Outside: Parking bay, communal walkway along the river, bike storage, bin, and recycling store
Map
Epping (12.34 miles) Theydon Bois (13.86 miles) Debden (15.85 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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.

£167,500
Shared Ownership Resale
Estimated Monthly Cost:£1,391
Rent £398
Service Charge £158
Mortgage £835

Share percentage 50%, full price £335,000, £8,375 Min Deposit. Calculated using a representative rate of 3.94%


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Development
River View
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.