2 bedroom apartment for sale
Henry Shuttlewood Drive, CM1 6EQ
Share percentage 70%, full price £300,000, £21,000 Min Deposit.
Share percentage 70%, full price £300,000, £21,000 Min Deposit
Monthly Cost: £1,493
Rent £227,
Service charge £224,
Mortgage £1,042*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
Allocated parking, long lease, good EPC rating. Make this home your own, enjoy a £500 B&Q Voucher on completion*.
Description
Shared Ownership
Full Market Value: £300,000
Share Value (70%): £210,000
Monthly Rent: £226.84
Service Charge: £233.53
Council Tax Band: D
990 year lease commenced Septemner 2009 - 987 years remaining
EWS1 - Please note that at the current time, external wall certification (EWS1) is not available for this property. Mortgage lenders may request this certificate before they will provide a formal mortgage offer. More information and frequently asked questions regarding this subject can be found on the LQ Group website by searching "EWS1"
L&Q welcomes you to view this two bedroom, ground floor apartment.
This modern apartment is bright and airy with lots of natural light. There is an open-plan aspect which incorporates the kitchen and living area. This area is of good size. The kitchen is contemprary and stylish which consists of light grey units, modern workstops and intergrated appliances. The double bedrooms are spacious and very modern. The bathroom is contemporary with beautiful tile surround and wooden effect flooring. It consists of a three piece suite with shower over the bath.
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 £57,338. 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.com and 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 June 2025.
*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. 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. L&Q reserve the right to remove an incentive at any time.
Key Features
- Good Length of Lease
- Good EPC Rating
- Close to Local Amenities
- Close to Public Transport
- Allocated Parking Space
- Central Heating
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
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 70%, full price £300,000, £21,000 Min Deposit. Calculated using a representative rate of 4.42%