2 bedroom apartment for sale

Available

River View, Bishop's Stortford, CM23 3FS

£172,500 · Shared Ownership Resale

Share percentage 50%, full price £345,000, £8,625 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Parking
£172,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £345,000, £8,625 Min Deposit.

Monthly Cost: £1,590
Rent £436, Service charge £171, Mortgage £983*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Eligibility
  • Priority will be given to people who live 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

WELL PRESENTED 2-bedroom apartment now available!

Description

A well-presented two-bedroom, top-floor apartment with lots of natural light is available through Shared Ownership Resale 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.This home benefits from parking.

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

Great location for commuting, Bishop's Stortford Train Station is approx. 5-minute walk and will get you to London Liverpool Street in 30 minutes; Stansted Airport in 10 minutes, and Cambridge within 30 minutes. Stansted Airport is also only a 15-minute drive and the M11, M25, A1 (M) and A414 are all within close proximity. The town centre is a short walk and contains various choices of restaurants, cafes, pubs, and independent shops. A local market is held weekly.

Key Features
  • One allocated parking space with access to several visitor bays
  • Modern fitted kitchen
  • Washer/Dryer
  • EPC Rating: B
  • En-suite to master bedroom
  • Built-in double wardrobe
  • Great sized bedrooms
  • Fitted kitchen
Particulars

Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C

Property Downloads
Key Information Document Energy Certificate
Map
Bishops Stortford (0.30 miles) Stansted Mountfitchet (2.74 miles) Sawbridgeworth (3.82 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 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.

£172,500
Shared Ownership Resale
Estimated Monthly Cost:£1,590
Rent £436
Service Charge £171
Mortgage £983

Share percentage 50%, full price £345,000, £8,625 Min Deposit. Calculated using a representative rate of 5.26%


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.