London Home Show, September 27th
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2 bedroom house for sale

Available

Suffolk Place, Saffron Walden, CB10 2RA

£105,000 · Shared Ownership Resale

Share percentage 30%, full price £350,000, £5,250 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£105,000 Shared Ownership Resale

Share percentage 30%, full price £350,000, £5,250 Min Deposit

Monthly Cost: £1,340
Rent £715, Service charge £55, Mortgage £570*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

£
Summary

A 2 bed shared ownership property available in Saffron Walden, Essex

Description

Bright and spacious two-bedroom semi-detached house now available in Essex, through Shared Ownership.

The property comprises two floors: a living room, a separate kitchen, and a WC on the ground floor, and two bedrooms and a family bathroom on the first floor.

The property also offers residents a spacious rear garden and parking.

This home has been created by Home Group, a registered housing provider in the UK. SO Resi is acting on behalf of Home Group to bring this property to the market.

There will be charges payable to the landlord upon completion. Please enquire for further information.

Available for £105,000 for 30% share based on the marketing figure of £350,000.

Monthly rent - £714.86
Monthly Service Charge - £55.00
Total Monthly Charge - £769.86 plus mortgage required for 30% share.

An annual rent increase takes place every April

Location

The property is located in a peaceful residential area just a short walk from the town centre. Residents enjoy easy access to everyday essentials with local supermarkets within a 5-minute drive. Fitness enthusiasts can reach local gyms and fitness centres within 10 minutes, while Bridge End Garden and The Common offer green spaces for walks and relaxation.

Healthcare is well covered with Crocus Medical Practice and Saffron Walden Community Hospital just 5 minutes away on foot.

Audley End Station is approximately 10 minutes by car, offering direct train services to London Liverpool Street in around 55 minutes. Local bus services also connect the area to nearby towns and villages.

EPC rating

Energy rating band - B

Environmental rating band - B

Lease information

Years remaining on lease: 118

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

Other information

This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.

Key Features
  • Two-bedroom house
  • Parking
  • Rear garden
  • Local amenities nearby
  • Available for 30% share
  • 5% minimum deposit only
Particulars

Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: Not specified

Property Downloads
Key Information Document Floor Plan
Map
Audley End (2.42 miles) Newport (Essex) (3.28 miles) Great Chesterford (3.92 miles)
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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£105,000
Shared Ownership Resale
Estimated Monthly Cost:£1,340
Rent £715
Service Charge £55
Mortgage £570

Share percentage 30%, full price £350,000, £5,250 Min Deposit. Calculated using a representative rate of 4.78%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.