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£150,000
Modern First-Floor Two Bedroom Shared Ownership Apartment with Balcony & Lift Access
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.
Modern First-Floor Two Bedroom Shared Ownership Apartment with Balcony & Lift Access
This well-presented first-floor apartment offers modern, low-maintenance living within a well-established development. Built in 2014, the property features a bright and spacious open-plan kitchen, living and dining area, creating a sociable and versatile space ideal for both everyday living and entertaining.
A private balcony provides a pleasant outdoor retreat, while the master bedroom is well-proportioned and complemented by integrated storage and an en-suite. The apartment further benefits from a second bedroom, gas central heating, a good EPC rating (B), and a range of integrated appliances including a dishwasher, washer/dryer, fridge/freezer, oven and even a fitted TV, making it ready to move straight into.
Offered furnished at no additional cost, the property provides a fantastic turnkey opportunity for buyers seeking a hassle-free move, with the flexibility to have items removed if preferred.
Additional highlights include lift access, approximately 79sqm of internal space, and private parking available locally, offering both comfort and convenience in equal measure.
Key Features
- Modern first-floor apartment (built 2014)
- Shared Ownership (50% share)
- Spacious two-bedroom layout with ensuite
- Open-plan kitchen, living and dining area
- Private balcony
- Offered furnished at no extra cost (optional)
- Integrated appliances including dishwasher and washer/dryer
- EPC Rating: B (energy efficient)
- Gas central heating
- Communal lift access
- Private parking available locally
Key Information
- Available Shares from: 50%
- Full Market Value: £300,000
- Share Value (initial purchase) from: £150,000
- Rent (on unsold equity): £356.84 per month
- Service Charge: £293 per month
- Lease Length: 116 years
- Council Tax Band: D
- EPC Rating: B
Please note that higher shares may be available to purchase. The final share amount will be discussed and agreed upon during your financial assessment.
Location
Cunard Square is perfectly positioned in the heart of Chelmsford, offering a superb blend of city living and everyday convenience. Just a short walk from Chelmsford railway station, the property benefits from direct services into London Liverpool Street in around 35 minutes, making it ideal for commuters. Residents can enjoy immediate access to the vibrant city centre, including Bond Street, the High Street, and a wide range of shops, restaurants, cafés and leisure facilities. Green open spaces such as Central Park Chelmsford are also nearby, providing a welcome retreat, while a selection of well-regarded schools and excellent transport links further enhance the appeal of this highly convenient and sought-after location.
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.
Red Loft
