2 bed Flat For Sale £90,000
Full Market Value
£300,000
Share Value(30%)
£90,000
Monthly Rent
£291
Service Charge
£146
Minimum Income
£29,669
Shared ownership
Full market value – £300,000
You pay (30%) - £90,000
Monthly rent – £290.70
Service charge - £146.22
Ground rent payable - £350 per annum
125 year lease commenced July 2017 - 121 years remaining
Situated within a conservation area in one of Chelmsford's most desirable locations the St John's development off Wood Street is perfectly placed to make the most of Chelmsford's shopping and transport links.
Chelmsford has a pedestrianised High Street with two undercover shopping areas and a popular Saturday market along with plenty of cafes and restaurants.
Chelmsford train station offers direct links to Central London. A number of bus services stop outside of the development, whilst the A12 and A414 provide road links to the M25 and M11/Stanstead airport.
The buyer will require a deposit to obtain a mortgage for this property.
This home is available to anyone that is affordable, meets the minimum household income requirement of £29,669 with a 10% deposit - and be able to raise a shared ownership mortgage. If you are affordable to buy more shares and have the deposit required by a mortgage lender to do this, you may only be able to proceed with the purchase subject to doing this.
Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website and register to obtain your unique reference number .
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at May 2021.
£300,000
Share Value(30%)
£90,000
Monthly Rent
£291
Service Charge
£146
Minimum Income
£29,669
Shared ownership
Full market value – £300,000
You pay (30%) - £90,000
Monthly rent – £290.70
Service charge - £146.22
Ground rent payable - £350 per annum
125 year lease commenced July 2017 - 121 years remaining
Situated within a conservation area in one of Chelmsford's most desirable locations the St John's development off Wood Street is perfectly placed to make the most of Chelmsford's shopping and transport links.
Chelmsford has a pedestrianised High Street with two undercover shopping areas and a popular Saturday market along with plenty of cafes and restaurants.
Chelmsford train station offers direct links to Central London. A number of bus services stop outside of the development, whilst the A12 and A414 provide road links to the M25 and M11/Stanstead airport.
The buyer will require a deposit to obtain a mortgage for this property.
This home is available to anyone that is affordable, meets the minimum household income requirement of £29,669 with a 10% deposit - and be able to raise a shared ownership mortgage. If you are affordable to buy more shares and have the deposit required by a mortgage lender to do this, you may only be able to proceed with the purchase subject to doing this.
Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website and register to obtain your unique reference number .
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at May 2021.
