Available

£75,000

Sheepen Place, Colchester, CO3 3LT
Share 50% / Full price £150,000 / Min deposit £3,750

Apartment
1 bedroom
1 bathroom

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Summary

Shared Ownership Opportunity | 1-Bed Ground Floor | Parking | Gym Access | Great Links

Eligibility

You can apply to buy the home if all of the following apply:

  • your household income is £80,000 or less
  • you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs

One of the following must also be true:

  • you're a first-time buyer
  • you used to own a home but cannot afford to buy one now
  • you're forming a new household - for example, after a relationship breakdown
  • you're an existing shared owner, and you want to move
  • you own a home and want to move but cannot afford to buy a new home for your needs

If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.

As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.

Description

Shared Ownership Opportunity | 1-Bed Ground Floor | Parking | Gym Access | Great Links

This well-presented one-bedroom ground floor apartment is available through the Shared Ownership scheme, offering an excellent opportunity for first-time buyers to step onto the property ladder. Finished to a high standard throughout, the home provides comfortable and practical living in a convenient and well-connected location.

The property features a bright open-plan kitchen and living area, creating a sociable space ideal for both everyday living and entertaining. Patio doors open directly onto a paved area and garden space, offering valuable outdoor access. The bedroom includes a built-in wardrobe, while two spacious hallway storage cupboards provide excellent additional storage.

Further benefits include an allocated parking space located close to the property, two visitor permits, and access to a nearby communal gym, enhancing both convenience and lifestyle. Gas central heating is installed, with gas and water costs included within the service charge.

Overall, this is a well-balanced home, ideal for those seeking their first property with the added benefit of outdoor space and excellent local amenities.

Key Features:

  • Well-presented one-bedroom ground floor apartment
  • Shared Ownership opportunity
  • Finished to a high standard throughout
  • Open-plan kitchen and living area
  • Patio doors to paved area
  • Built-in bedroom wardrobe
  • Two spacious hallway storage cupboards
  • Allocated parking space plus two visitor permits
  • Access to nearby communal gym
  • Gas and water included within service charge
  • EPC Rating: C

Location
Ideally located for both commuting and leisure, the property is within walking distance of Colchester Train Station (approximately 10 minutes), offering direct services to London Liverpool Street in around 50 minutes, as well as convenient links to Chelmsford and Ipswich. The town centre is also close by, providing a range of shops, cafés and everyday amenities. For those who enjoy coastal escapes, the beaches of Frinton, Clacton and Walton are all within approximately a 30-minute drive, while excellent road connections are available via the A12, A14 and M25.

Description

Property information & downloads

Key features

Material information

Key Information Document Floor plan Energy Certificate
Local area information
My Places Include travel time from key places

You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.

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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.
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Monthly cost calculator
£75,000 Shared Ownership Resale Full price £150,000
Estimated monthly cost £711
£

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