2 bedroom house for sale
Oak Drive, Elsenham, CM22 6GB
Share percentage 65%, full price £350,000, £22,750 Min Deposit.
Share percentage 65%, full price £350,000, £22,750 Min Deposit.
Monthly Cost: £1,482
Rent £301,
Service charge £27,
Mortgage £1,154*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
- Priority will be given to those who currently live and/or work in the Borough.
- 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.
Summary
2-bedroom end of terrace house now available through Shared Ownership resale!
Description
We are pleased to offer this well-presented, two-bedroom end-of-terrace house through Shared Ownership resales.
This home is finished to a high standard and comprises a fitted kitchen, a separate living room, and a downstairs WC. Upstairs, you will find 2 great-sized bedrooms with built-in cupboards for bedroom 1, the main bathroom, and a loft. Externally, the home benefits from a private garden and three parking spaces.
Commuting couldn’t be easier. Elsenham Train Station is a 15-minute walk and will get you to London Liverpool in 1 hour or to Cambridge in half an hour. Just a 10-minute drive to the A120 or 15 minute drive to the M11.
Key Features
- Fitted kitchen
- EPC Rating: B
- Private Garden
- 3 parking spaces
- Great transport links
- 125-year lease (from 2019)
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: C
Property Downloads
Key Information Document 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 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 65%, full price £350,000, £22,750 Min Deposit. Calculated using a representative rate of 4.64%
