2 bedroom house for sale
5 Plush Street, Coggeshall, CO6 1ZU
Share percentage 50%, full price £340,000, £8,500 Min Deposit.
Share percentage 50%, full price £340,000, £8,500 Min Deposit
Monthly Cost: £1,393
Rent £390,
Service charge £56,
Mortgage £947*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Summary
New 2 bedroom semi detached house in the Coggeshall Mill development. The price advertised represents purchasing a 50% share of the home.
Description
New 2 bedroom semi-detached house in the Coggeshall Mill development. The price advertised represents purchasing a 50% share of the home.
Start building your future ~ the affordable way ~ with Shared Ownership
About the Home
The entrance hall leads onto the stairs leading for the first floor and door opening into the lounge. Access from the lounge to the open plan kitchen/diner with under stairs storage cupboard and downstairs WC, French doors leading to the rear garden.
On the first floor there are two double bedrooms and the three piece family bathroom.
About Shared Ownership
Shared Ownership enables you to buy a share of a home with a mortgage and pay rent on the remaining share. There will be a lease for the portion of the home you don’t purchase, with Sage Homes.
Initially you can buy a minimum 25% share of a home (the maximum you can buy initially is 75%). You can buy more shares or take your ownership to 100% at a later date; this is known as staircasing.
See our Shared Ownership Guide for more information, eligibility & next steps.
About the Development
Discover our collection of new 2 & 3 bedroom houses in Coggeshall Mill, located in the picturesque market town of Coggeshall, renowned for its silk production and exceptional ales. The mill is conveniently linked to some of Essex's most delightful destinations, offering a countryside lifestyle just 9 miles from Colchester for shopping and entertainment. Coggeshall town provides numerous amenities, making it easy to access your daily necessities.
About the Area
Coggeshall, a charming and esteemed village with a history dating back to Saxon times, is celebrated for its preserved buildings. It maintains a genuine sense of community, offering activities and social groups appealing to people of all age groups.
The community and Parish Council organise frequent events that draw visitors. You'll also find a range of shops, pubs, a post office, and well-renowned restaurants. Moreover, the village offers comprehensive educational options, including Honywood Community Science Secondary School, St. Peter’s Primary School, and Absolute Angels Nursery School.
Each Thursday, the village upholds a market tradition that dates back to 1256. Kelvedon's mainline station is conveniently situated just 3 miles away from the development, and the Coggeshall community bus provides essential morning and evening trips for commuters. Furthermore, the nearby A12 and A120 make it easy to reach other areas, such as Chelmsford, Colchester, Braintree, and Stansted Airport.
T&C's
*Please note these photos are for information purposes only and may not represent a true likeness for the homes being sold. Some of the images may have been taken from another development of similar style houses and been digitally furnished to represent how the home could be laid out. The final colours / appearance may differ from the images shown both externally & internally. Please speak to our sales agent for more specification information.
*As per the KID1 document; Services Charge will apply, speak to our Sales Agent for more information. Costs are subject to change.
Key Features
- 2 bedroom semi-detached house
- Flooring throughout
- Storage space
- Modern fitted kitchen
- Allocated parking
- Private garden
- NHBC Warranty
- There will be an added service charge
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £340,000, £8,500 Min Deposit. Calculated using a representative rate of 5.03%
