£136,000

This bright and well-presented two bedroom mid terraced house is now available in Basildon, Essex through Shared Ownership.

The property on the ground floor comprises a living room, a kitchen and dining area, and a separate WC. On the first floor, there are two bedrooms (one ensuite) and a separate bathroom. Perfect for singles, couples or small families.

Outside, the property also benefits from a private rear garden, outdoor terrace balcony and an allocated parking space.

Available for £136,000 for 40% share based on the marketing figure of £340,000.

Monthly rent - £487.47
Monthly Service Charge - £14.76
Total Monthly Charge - £502.23 plus mortgage required for 40% 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

The property sits in a mainly residential area with plenty of nearby amenities.

The nearest bus stops are a 9-10 minute walk from the property, and Basildon train station is just a 7 minute drive away, providing c2c rail services. The town centre is also close by, offering a wide range of shops, restaurants, cafés, entertainment, and large shopping centres.

Several major supermarkets are just a 6 minute drive away. There are also parks and green spaces nearby, including Frypa Park only being an 11 minute walk from the property which is perfect for fresh air and outdoor activities.

In addition, there are several schools within a 10 minute drive, making the location convenient for families with children.

Energy rating band - B

Environmental impact band - A

Years remaining on lease: 242

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.