£90,000
A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
This smartly-presented flat is on the top, (second) floor and has a good-sized reception room with a doorway leading through to the spacious kitchen. There is a generously-sized bedroom and a naturally-lit bathroom with decorative mosaic tiling. Well insulated walls and roof combined with modern double glazing help to keep heating costs down. The block has a communal lawn to the front and a car park to the rear which includes a space allocated to this flat. Manor Farm Shop is just minutes away, for those that like their food as fresh and directly sourced as possible and Great Baddow High Street is within comfortable walking distance. Chelmsford city centre can also be easily reached by bike or via bus from nearby Maldon Road. Areas such as Danbury Country Park and Blakes Wood are only a short drive away and offer beautiful, outside space to explore.
SHARED OWNERSHIP (Advertised price represents 45% share. Theoretical full market value £200,000 Please Note: 'Staircasing' is restricted to a maximum of 80% on this property.)
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/4r92ue3h]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/06/2008).
Minimum Share: 45% (£90,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £159.17 per month (subject to annual review).
Service Charge: £136.36 per month (subject to annual review).
Guideline Minimum Income: Dual - £23,900 | Single - £26,400 (based on minimum share and 15% deposit).
Council Tax: Band C, Chelmsford City Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).
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