£262,500

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

The property on the ground floor comprises an entrance hall with storage space, a living room with a dining area, a fitted kitchen and a WC. On the first floor there are two good-sized bedrooms and a bathroom. Perfect for couples or small families.

Outside, the property also benefits from a private rear garden and an allocated parking space. This house runs on a heat pump and solar panel, leading to low utility bills.

Available for £262,500 for 75% share based on the marketing figure of £350,000.

Monthly rent - £205.37
Monthly Service Charge - £69.67
Total Monthly Charge - £275.04 plus mortgage required for 75% 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 is set within a mainly residential area with great access to the A1014 main road for convenient travel. There are also large recreational spaces within walking distance.

Stanford-le-Hope train station can be reached within a short walk or a 4 minute drive offering c2c railway services with direct links to London.

The local high street can be reached within a 4 minute drive. The area provides a variety of shops including supermarkets, a pharmacy, restaurants and cafes.

In addition, there are several schools within a 10 minute drive. Perfect for families with small children.

Energy rating band - A

Environmental impact band - A

Years remaining on lease: 996

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.