2 bedroom house for sale
Grebe Drive, Rochford, SS4 1RS
Share percentage 40%, full price £382,500, £7,650 Min Deposit.
Share percentage 40%, full price £382,500, £7,650 Min Deposit.
Monthly Cost: £1,423
Rent £526,
Service charge £25,
Mortgage £872*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Eastlight considers applications on a first come first served basis. Serving members of the British Armed Forces and those honourably discharged in the last two years are considered a priority group. Surviving partners of regular service personnel who have died in service and have applied within two years of the bereavement are also considered a priority. All applicants will need to pass an affordability check, a link to which will be supplied once interest is registered.
Summary
2 Bedroom Semi-detached House
Description
ONE PLOT AVAILABLE
Eastlight will have 2 and 3 bedroom houses available at the Kings Hill development in Rochford for Shared Ownership.
Kings Hill Park is a prime development located in Rochford in the Rochford District Council area. The development is perfectly positioned for commuters, with London Southend Airport and the A127 road in close proximity. Rochford train station will also get you into London Liverpool Street directly within an hour. There are plenty of amenities nearby including Rochford Hospital, local schools, Rochford Golf club and many more.
Although you have all of these amenities at your doorstep, you do not miss out on the wonderful local countryside. The River Roach surrounds the town and you can benefit from lovely local walks at Potash Wood and Cherry Orchard Jubilee Country Park.
All applicants will need to live, work or have family in the Rochford District Council area.
*Images are for illustrative purposes only*
*Service charges are currently estimated*
*Due to the fact that the properties are currently under construction, we are reserving all plots off plan*
Key Features
Property Features
All properties benefit from:
Integrated oven, hob and hood
Carpets throughout
Vinyl flooring to kitchen and bathrooms
Turf to private rear garden
These properties benefit from 990 year lease, with no staircasing restrictions.
Serving members of the British Armed Forces and those honourably discharged in the last two years are considered a priority group.
Surviving partners of regular service personnel who have died in service and have applied within two years of the bereavement are also considered a priority.
Eastlight considers applications on a first come first served basis.
Applicants will need to live, work or have family in the Rochford District Council area.
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information DocumentMap
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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £382,500, £7,650 Min Deposit. Calculated using a representative rate of 5.26%
Eastlight Community Homes
