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£78,000
2-bedroom, ground-floor apartment available through Shared Ownership in the desirable village of Cressing.
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.
2-bedroom, ground-floor apartment available through Shared Ownership in the desirable village of Cressing.
Located in the desirable village of Cressing, this well-presented two-bedroom ground floor apartment offers approximately 782 sq ft (72.6 sq m) of modern, well-designed accommodation, ideal for first-time buyers. The heart of the home is a spacious open-plan kitchen, dining and sitting room, measuring over 23 feet in length, creating a bright and versatile living space perfect for both everyday living and entertaining. The contemporary kitchen area is thoughtfully arranged with integrated appliances and ample work surfaces. The property benefits from two generous double bedrooms, a modern family bathroom and additional storage space in the central hallway, enhancing the practicality of the layout. With its ground floor position, well-balanced accommodation and convenient setting, this apartment presents a fantastic opportunity to enjoy modern living in a well-connected Essex village.
Key Features
- Two double bedroom ground floor apartment
- Approximately 782 sq ft (72.6 sq m)
- Impressive open-plan kitchen / dining / sitting room
- Contemporary fitted kitchen with integrated appliances
- Modern family bathroom
- Well-designed and practical layout
- Built circa 2020
- Allocated parking (two spaces)
Key Information
- Tenure: Shared Ownership
- Available Shares from: 40%
- Full Market Value: £195,000
- Share Value (initial purchase) from: £78,000
- Rent (on unsold equity): £325.30 per month
- Service Charge: £40.56 per month
- Lease Length: 125 years from 2020 (119 remaining)
- Council Tax Band: B
- EPC Rating: B
Location
The property is situated in the village of Cressing, offering a peaceful residential setting while remaining well connected. The nearby town of Braintree provides a wide range of shopping, dining and leisure facilities, including the popular Braintree Village. For commuters, Cressing railway station is within easy reach and offers regular rail services to London Liverpool Street via Witham, making this an excellent choice for those needing access to the capital. Road connections are also strong, with the nearby A120 providing links to the wider Essex and East Anglia region. Surrounded by attractive countryside and local amenities, Cressing combines village charm with modern convenience.
Red Loft
