2 bedroom apartment for sale
Essex Road, EN11 0BX
Share percentage 50%, full price £300,000, £7,500 Min Deposit.
Share percentage 50%, full price £300,000, £7,500 Min Deposit.
Monthly Cost: £1,216
Rent £344,
Service charge £125,
Mortgage £747*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
- Priority must go to those who currently live and/or work in the Borough of Broxbourne.
- You must be at least 18 years old.
- Outside of London, your annual household income must be less than £80,000.
- You cannot own another home. Shared Ownership purchasers are often first-time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it.
- You should not be able to afford to buy a home suitable for your housing needs on the open market.
- You must show you are not in mortgage or rent arrears.
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You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home.
- You must register and be approved by your local Help to Buy agent
Summary
All homes at Oaklands are now reserved!
Description
All homes at Oaklands are now reserved, register your interest to find out how to be added to the waiting list.
Phase 2 is a collection of 16 two-bedroom apartments, Oaklands is a development of 32 one & two-bedroom apartments and two & three-bedroom houses offered through shared ownership, for local first-time buyers.
You will find Essex Road perfectly situated just 0.3 miles from the town center.
Please be advised priority will be given to those who currently live and/or work in the Borough of Broxbourne.
*photos used are of the 2-bedroom house show home at Oaklands, the apartments in phase 2 will reflect a similar specification - please refer to the brochure for full details.
Key Features
- Allocated parking available with each apartment
Property Downloads
Brochure Price ListMap
The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- 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.
Share percentage 50%, full price £300,000, £7,500 Min Deposit. Calculated using a representative rate of 3.94%
