1 bedroom apartment for sale

Available

Henry Shuttlewood Drive, CM1 6EQ

£75,000 · Shared Ownership Resale

Share percentage 30%, full price £250,000, £7,500 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Garden
Pets allowed
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£75,000 Shared Ownership Resale

Share percentage 30%, full price £250,000, £7,500 Min Deposit.

Monthly Cost: £933
Rent £378, Service charge £174, Mortgage £381*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Summary

Our Spring Offer: A £1,000 Amazon voucher on completion!* Well presented ground floor apartment at Beaulieu Park

Description

SHARED OWNERSHIP

Full Market Value - £250,000

You Pay (30%) - £75,000

Monthly Rent - £377.63

Service Charge - £174.32

Annual Ground Rent - £0

990 year lease commenced in December - 987 years remaining

Council Tax Band: C

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*

This modern apartment has a dual aspect living area incorporating a kitchen with fully integrated appliances. The spacious double bedroom includes a fitted wardrobe. A contemporary bathroom and walk-in store complete the accommodation.

Beaulieu has been designed to be completely accessible without relying on a car, allowing for a happier, healthier journey to school.
At Beaulieu residents benefit from a broad range of on-site facilities and amenities, all of which are conveniently located to be accessible on foot.With local facilities including a health centre, restaurants, convenience stores, community centre and a newly opened all through school all located at Beaulieu Square, accessing these facilities couldn't be easier.

Chelmsford railway station offers a regular service to London Liverpool Street (38 mins), and Ipswich in the other direction. Beaulieu is also set to benefit from its own railway station which will join the Greater Anglia mainline, making the daily commute even easier. For those taking to the roads, the A12 which bounds the Beaulieu site to the south offers a direct connection to the M25 and London to the west, and Ipswich, Colchester and East Anglia to the east. And for those all important getaways Stansted airport is 20 minutes drive away, connecting to Europe and beyond.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £35,472. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.comand register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of April 2024.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.

Key Features
  • Minutes from Chelmsford Town Centre and Station
  • Good road access to M11, M25 and Stanstead Airport
  • Allocated parking
  • Neutral decor
Particulars

Tenure: Leasehold
Lease Length: 987 years
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Energy Certificate
Virtual Tour
https://nichecom.s3.eu-west-1.amazonaws.com/cat1000/2024/03/27/6604382d1848e-1104647.mp4
Map
Chelmsford (2.25 miles) Hatfield Peverel (4.41 miles) White Notley (6.74 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.

£75,000
Shared Ownership Resale
Estimated Monthly Cost:£933
Rent £378
Service Charge £174
Mortgage £381

Share percentage 30%, full price £250,000, £7,500 Min Deposit. Calculated using a representative rate of 4.64%


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.