2 bedroom apartment for sale
Archer Close, Coopersale, CM16 7FG
Share percentage 50%, full price £365,000, £9,125 Min Deposit.
Share percentage 50%, full price £365,000, £9,125 Min Deposit.
Monthly Cost: £1,735
Rent £532,
Service charge £163,
Mortgage £1,040*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
- Priority must go to those who currently live and/or work in Epping Forest.
- Your annual household income is less than £80,000 per annum.
- You cannot purchase a home suitable to meet your housing needs on the open market (100% ownership).
- You do not already own a home or you would have sold your current home before you purchase.
Summary
One 2-bedroom apartment available!
Description
Well-presented two-bedroom, first-floor apartment available through the Shared Ownership resale scheme.
A very spacious flat with an entrance hall with an oversized coat cupboard, open-plan living & kitchen, 2 generously sized bedrooms and the main bathroom.
The property is located on a modern development in the sought-after Coopersale area of Epping in Essex. The village of Coopersale is located less than 2 miles from the market town of Epping's High Street and just under a ten-minute drive to Epping Station on the Central Line. Coopersale & Theydon Garnon primary school is a 5-minute walk away. You will find Epping Forest right on your doorstep.
Accommodation:
- Entrance hall: 4.63m x 1.37m
- Open plan living/kitchen:8.59m x 3.72m
- Bedroom: 3.04m x 3.18m
- Bedroom:3.35m x 3.74m
- Bathroom: 2.02m x 2.37
Total gross internal floor area: 70m2
Key Features
- 2 allocated parking spaces
- Double glazed windows
- 125 year lease (from 2018)
- Fitted kitchen with integrated appliances
- EPC rating: B (85)
- Main bathroom with heated towel rail
Particulars
Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: E
Property Downloads
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 50%, full price £365,000, £9,125 Min Deposit. Calculated using a representative rate of 5.26%
