Share Price £78,000 (from 40% Min. Share)

Full Value £195,000 | £3,900 Min. Deposit

Scheme: Shared Ownership

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Rivenhall Oaks - 2 bed apartment in Witham - Essex

place Rivenhall Oaks, CM8 2GW

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Greenfields Community Housing

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Perfect for first time buyers and close to the station


Eligibility

All applicants must be registered on the Help to Buy East and South East website (www.helptobuyese.org.uk).

Greenfields considers applications on a first come first served basis.

Serving members of the British Armed Forces and those honourably discharged in the last two years are considered a priority group.

Surviving partners of regular service personnel who have died in service and have applied within two years of the bereavement are also considered a priority.


Description

Available for sale on a shared ownership basis, Greenfields will havea number of2-bedroomflats whichare due in midAugust 2019.

The flats will be in one block, and the block will be spread over three floors.

£195,000 - Plots 191 (First Floor, no balcony),196 (Ground Floor)

£197,500 - All plots reserved

£200,000 - All plots reserved


These new properties will enjoy a spacious living room/dining/kitchen area. The kitchen is designed to a high standard with built in oven, hob, hood and fridge freezer included.

The properties eachfeaturetwobedrooms and the family bathroom incorporates an overbathshower.

Flooring will be provided in the property, including carpet.

The properties also have parking provided.

The service charges statedare estimatedand are to be confirmed by the developer.Theyare expected toapply for road maintenance, lighting and communal grounds maintenance.

Withamis served by Witham railway station, situated on the London Liverpool Street to Ipswich main line operated by Abellio Greater Anglia. Trains take approximately 40-45 minutes to reach Liverpool Street. The station is also the junction for the Braintree branch line to Braintree.

Witham is situated on the A12 trunk road between Chelmsford and Colchester, that is to say the Roman road from London to Colchester.


Key Features

  • Spacious living/dining/kitchen area
  • Built in oven/hob/hood and fridge/freezer
  • Flooring included with carpets to the dry areas and vinyl to the wet areas
  • Parking included
  • Close to Witham train station

Accessibility

C – Lifetime Homes

Meets the space standards of the Lifetime Homes developed by the Joseph Rowntree Foundation. Designed to meet the space standards of Lifetime Homes. Main features include a level approach/entrance and wider doorways. This category will capture all new general needs housing built to Lifetime Homes standards. Properties achieving this category will not necessarily meet all Lifetime Homes design guidance as the LAHR framework does not assess features other than space and access. Properties may have an internal flight of stairs. If so, these will be wide enough to accommodate future provision of a stair lift subject to technical feasibility.


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Calculate Monthly Cost

Share price
£ 78,000
Min. £78,000
Share percentage
Min. 40%
Your deposit
Min. £3,900
Monthly cost*
£699
Cost breakdown
£268
Rent
£40
Service charge
£391
Mortgage*
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Greenfields Community Housing

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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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.