1 bedroom apartment for sale
Austin House, Edinburgh Gate, CM20 2EQ
Share percentage 25%, full price £250,000, £3,125 Min Deposit.
Share percentage 25%, full price £250,000, £3,125 Min Deposit.
Monthly Cost: £957
Rent £430,
Service charge £216,
Mortgage £311*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
- Have a combined household income under £80,000 per annum
- Not already own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
- Eligible buyers must also be registered with Help to Buy
Summary
Edinburgh Way is a new development of beautiful one & two bedroom Shared Ownership apartments in Harlow coming in Spring 2022 from Legal & General Affordable Homes. Find out more today!
Description
*** FINAL 1 BED APARTMENT REMAINING ***
Beautiful one & two bedroom apartments in Harlow
The brand new homes at Edinburgh Way have been designed, constructed and finished to a high standard. Comprising flexible, open-plan living ideal for entertaining friends and family in style.
Plot 270 is a 65 square metre, First Floor 1 bedroom apartment with balcony at Edinburgh Way, Harlow, available to buy with Shared Ownership.
Available to purchase from a 25% share.
Financial Breakdown:
- Full Market Value: £250,000
- 25% Share Value: £62,500
- 5% deposit of 25%: £3,125
- Rent on unowned share: £430 per month
- Service Charge: £216 per month
- Council Tax: TBC*
Shared Ownership homes at Edinburgh Way are available to move into in now.
For more information, please register and our Sales Consultant will be delighted in helping you find your new home.
LOCAL AREA
Living in Harlow, you’ll have excellent transport connections to both the surrounding towns and the Capital.
Harlow Town train station is just a two minute walk from the development, providing direct routes into London Liverpool Street and London King’s Cross in 30 minutes, ideal for those commuting. The town is also well-equipped for those working from home – boasting the 5th highest broadband speed in the UK.
A number of outstanding schools are nearby, including Saint Nicholas School and Burnt Mill Academy, in addition to a wide range of shops, restaurants and parks to enjoy.
For more information, please register and our Sales Consultant will be delighted in helping you find your new home.
Interiors are CGI representations taken in the actual plot 270
*Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
WHAT IS SHARED OWNERSHIP?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
Key Features
Key Features:
- Integrated Electrolux Oven, Hob and Hood
- Video door entry system
- Gas central heating via Combi boiler and white contemporary radiators
- Private balcony to most apartments
- NHBC 12 year building warranty
- Cycle Store
Full Specification:
Kitchen
• Contemporary matt white kitchen with brushed nickel handles and wood effect laminate worktop and upstand
• Stainless steel splashback
• Stainless steel 1½ bowl sink with Blanco chrome mixer tap
• Electrolux electric single oven, ceramic hob and Electrolux cooker hood
• Space for fridge/freezer
• Space for washing machine
• Integrated recycling bin
Bathroom
• Contemporary white bathroom suite with thermostatic bath/shower mixer over bath and glass shower screen
• Chrome mixer tap to basin with click clack waste
• Full height large format ivory wall tiling to bath area with splashback tiling to basin
• Chrome towel rail
• Mirror
Flooring
• Wood effect vinyl flooring to hall, kitchen, lounge, dining area
• Grey terrazo effect vinyl flooring to bathroom
• Wool twist carpet in platinum to bedrooms
General
• Walls, ceilings, architraves and skirtings painted white
• Oak effect finish flush internal doors with chromeironmongery
• Gas central heating via Combi boiler and whitecontemporary radiators
• NHBC 12 year building warranty
Electrical
• Video door entry system
• Chrome finish downlights to kitchen area andbathroom
• Pendant lighting to hall, lounge/dining area andbedrooms
• White sockets and switches throughout
• TV point to hall, lounge and master bedroom
• Telephone point to hall, lounge and master bedroom
• Carbon monoxide and smoke detectors installed
• Extractor fan to bathroom
• Shaver socket to bathroom
Communal Areas
• One parking space with each two bedroom apartment
• Cycle Store
• Lift to all floors
• Carpet to communal areas
• External freestanding post boxes
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Brochure Price List Energy CertificateMap
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 25%, full price £250,000, £3,125 Min Deposit. Calculated using a representative rate of 3.94%
