3 bedroom house for sale
Alcotts Place, Stebbing, CM6 3YT
Share percentage 40%, full price £385,000, £15,400 Min Deposit.
Share percentage 40%, full price £385,000, £15,400 Min Deposit.
Monthly Cost: £1,298
Rent £481,
Service charge £23,
Mortgage £794*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Priority for allocation of this home will be to applicants with a local connection to the village of Stebbing or the surrounding villages of Little Dunmow, Felsted, Lindsell or Little Bardfield.
Summary
Three bedroom shared ownership house
Description
Alcotts Place is a small development of just 7 homes on the outskirts of the village of Stebbing, Dunmow. Set within rural Northwest Essex, the village offers a primary school (rated GOOD), a community shop, mobile post office, church, public house, village hall and various clubs including cricket, bowls and tennis as well as the nearby Andrewsfield airfield and cafe.
Stebbing is approximately 7 miles from Braintree railway station and 10 miles from London Stansted Airport. A wide range of local facilities and shops are available in the nearby thriving historic flitch town of Dunmow, approximately 4 miles from Stebbing.
Final plot remaining - Three bedroom house with a 40% share available for £154,000 with a monthly specified rent of £481.25. The home compromises of two double bedroom and one single bedroom, large living/dining room with far reaching views, kitchen with dining area and integrated oven and gas hob, family bathroom and downstairs WC, enclosed rear garden with outside tap and power, landscaped front garden and parking for two vehicles.
For further details or to apply, please enquire today.
Key Features
- 2 double bedrooms and 1 single
- Fitted kitchen with oven, hob and extractor
- Separate living room with far reaching views
- Large rear garden
- PV solar panels
- 12 year new build warranty
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Brochure 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 40%, full price £385,000, £15,400 Min Deposit. Calculated using a representative rate of 4.80%
English Rural Housing Association
