£56,875

This bright, beautiful presented one bedroom apartment is now available in Chelmsford through Shared Ownership.

The property on the second floor comprises an entrance hall with storage cupboards, a spacious living room with a modern open plan kitchen, one bedroom and a bathroom.

Outside, there is parking available. Perfect for couples or singles.

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.

Available for £56,875 for 25% share based on the marketing figure of £227,500.

Monthly rent - £475.39
Monthly Service Charge - £165.22
Total Monthly Charge - £640.61 plus mortgage required for 25% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Living in Wicket House offers the convenience of being right in the heart of Chelmsford, within walking distance of the High Street. Residents benefit from close proximity to essential amenities, including a large Tesco Superstore just 0.1 miles away and the Riverside Leisure Centre with its modern gym and indoor swimming pool only a short walk from the property. The area is predominantly made up of modern flats and provides easy access to nearby primary and secondary schools, GP services, and other community facilities, making it well-suited to professionals and families alike.

Travel connections from Wicket House are excellent, with Chelmsford Railway Station being a short walk from the property, offering frequent services to London, which is perfect for commuters. Wicket House also benefits from numerous nearby bus stops, including Town Centre Tesco Store, Wharf Road, and Boswells Drive, providing easy access to local and regional routes across Essex.

Energy rating band - B

Environmental rating band - B

Years remaining on lease: 121

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.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.