1 bedroom apartment for sale
Meggy Tye, Springfield, Springfield, CM2 6GA
Share percentage 75%, full price £185,000, £13,875 Min Deposit.
Share percentage 75%, full price £185,000, £13,875 Min Deposit
Monthly Cost: £912
Service charge £224,
Mortgage £688*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
This charming one-bedroom flat near Springfield, Chelmsford offers the perfect balance of comfort and convenience
Description
*CHP WILL HELP WITH YOUR LEGAL FEES
*CHP will pay up to £400 excluding VAT towards legal fees, where the buyer is purchasing a higher share than is being sold (minimum of 10% in addition to share being sold). Up to £400 excluding VAT will be payable to the buyer on day of completion, subject to the sale completing within 6 months from date of allocation of property.
Featuring an open-plan kitchen and living room, a modern bathroom, and generous storage-including a private loft ideal for seasonal items or extra space. Situated close to beautiful green spaces and a variety of local amenities, it's ideal for those seeking lifestyle and practicality. With allocated parking included, this property ticks all the boxes for professionals, couples, or investors alike. Ideal for first time buyers with 75% ownership and no staircasing-meaning there's no rent to pay, just your mortgage.
Key Features
- Allocated parking
- Central heating
- Double Glazing
- Pets allowed
Particulars
Tenure: Leasehold
Lease Length: 103 years
Council Tax Band: B
Property Downloads
Key Information Document 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: Yes - Allocated
Outside Space/Garden: No
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 75%, full price £185,000, £13,875 Min Deposit. Calculated using a representative rate of 4.42%