£52,500
A Fantastic Opportunity to Purchase a Spacious One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
A spacious and immaculately-presented flat on the first floor of a recently-constructed development. The property has a twenty-five-foot, triple-aspect reception room with attractive, wide-board flooring, a Juliette balcony and an open-plan kitchen area featuring sleek, white units. There is a generously-sized bedroom with fitted wardrobe and a simple yet stylish, naturally-lit bathroom. A large storage/utility cupboard has been provided in the entrance hallway and the well insulated walls, high performance glazing and modern gas central heating system make for a very good energy-efficiency rating. To the rear of the block is a car park which includes a space allocated to this flat. Braintree town centre, Braintree Railway Station and areas of outside space such as Oak Meadow Nature Reserve and Great Notley Country Park can also be easily reached by brief cycle ride. The property is held on a very long lease.
SHARED OWNERSHIP (Advertised price represents 30% share. Full market value £175,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/32s5hpnt]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (990 years from 01/04/2021).
Minimum Share: 30% (£52,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £381.52 per month (subject to annual review).
Service Charge: £84.12 per month (subject to annual review).
Guideline Minimum Income: Dual - £22,300 | Single - £23,900 (based on minimum share and 10% deposit).
Council Tax: Band B, Braintree District Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets may be permitted but only with prior consent from Clarion (which, unfortunately, can only be obtained once you are the property owner).