3 bedroom apartment for sale
Eagle Way, CM13 3GW
Share percentage 25%, full price £437,500, £5,469 Min Deposit.
Share percentage 25%, full price £437,500, £5,469 Min Deposit.
Monthly Cost: £1,663
Rent £752,
Service charge £288,
Mortgage £623*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
ELIGIBILITY CRITERIA:
To be eligible for a home at Warley Drive, you'll need to:
- Have a combined household income under £80,000 per annum
- Not already own a property, or part of a property, at the time of completing on your purchase
- Be unable to purchase a suitable home to meet your housing needs on the open market
- Have a minimum of £5,000 to cover the costs of buying a home
If you don't meet the eligibility criteria for this development, you may still qualify for a shared ownership purchase at one of our others, so take a look at our website for more information.
Summary
Contemporary new 3 bedroom Shared Ownership apartment with private balcony, integrated appliances and two parking spaces
Description
Enjoy life at Warley Drive
Available to move into now, Plot 92 is a beautifully-designed 3 bedroom Shared Ownership apartment with a private balcony and 2 parking bays at Warley Drive in Brentwood.
This apartment is available to purchase with Shared Ownership from a 25% share.
Financial Breakdown:
- Full Market Value: £437,500
- 25% Share Value: £109,375
- 5% deposit of 25%: £5,469
- Rent on unowned share: £752 per month
- Service Charge: £288.34 per month
- Council Tax: TBC*
This new community is located in the popular town of Brentwood, featuring the beautiful Essex countryside close by. Your new home at Warley Drive is surrounded by open green spaces within the development, as well as your own private balcony to enjoy.
Warley Drive is surrounded by local amenities, leisure facilities, schools and the countryside, meaning you’ll have the option to enjoy going out for dinner in Brentwood or exploring the nearby parks you have available. In fact, Brentwood has been named one of the best commuter towns in Essex!
LOCAL AREA
Brentwood is a well-connected area, as it has quick access to the A12 and M25 by car as well as the Elizabeth Line which is now running from Brentwood Station (just 5 minutes on the ‘351’ bus or a 7 minute cycle)
You can catch Crossrail from Brentwood to London Liverpool Street which will take 39 minutes. If you fancy browsing the shops on Bond Street it’s just a further 12 minutes away. Or, from Shenfield Station (11 minute drive away) the National Rail will take you to Chelmsford in under 10 minutes. Plus, if you’re looking to get away the Elizabeth Line can take you all the way to Heathrow.
When you love living surrounded by nature, but still need to be closely connected to London and the city, Brentwood is simply one of the best places to make your home. With quick access to the A12 and M25, and connections to Liverpool Street station in just 39 minutes, it’s also still close to a huge range of parks, playing fields and open spaces to explore.
With a great range of schools in the area already make it an outstanding place to raise a family – and thanks to all the amenities nearby and the huge amount of investment being channelled into the area, Warley Drive offers you the ideal place to call home.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
WHAT IS SHARED OWNERSHIP?
Shared Ownership is a more affordable way to have the security and stability of owning your own home. Shared Ownership is a government backed part buy/part rent scheme designed to help you take that first step on the property ladder. The scheme enables buyers to purchase a share of the value of the home - this is usually between 25 to 75 percent of the value of the property - and pay a subsidised rent on the remaining portion. You have the option to buy a bigger share in the property at a later date (known as Staircasing).
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
For more information, please register or contact our Sales Consultant who will be delighted in helping you find your new home.
Council Tax: TBC
Council tax bands are often not released until the property is complete. If you need any guidance, please get in touch with our Sales Consultants otherwise the local authority or the developer may be able to help.
NB: Interior images are of the show apartment at Warley Drive and are indicative only.
Key Features
KEY FEATURES:
- Zanussi electric single oven, touch control induction hob and cooker hood
- Zanussi integrated fridge/freezer
- Zanussi integrated washer/dryer
- Balcony or terrace to each apartment
- Two parking bays
- NHBC 12-year build warranty
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan Brochure Price List Energy CertificateVirtual Tour
Map
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 25%, full price £437,500, £5,469 Min Deposit. Calculated using a representative rate of 5.26%
