2 bed Flat For Sale £92,500
Located within easy reach of Southend's plentiful shops and cafes, this lovely second floor flat is bright and spacious with two double bedrooms and stylish family bathroom. The open plan kitchen and reception space is generously sized and offers ample space to dine. This flat is available with a 50% shared ownership for £92,500 and further offers allocated parking, immaculate communal grounds and long lease.
This highly regarded development is located just off Sutton road, which runs from Southchurch Road with its excellence range of amenities and transport links to Eastern Avenue which offers a Waitrose Supermarket and easy access to Priory Park and A127. Local train stations are also within close proximity.
Also referred to as part buy/part rent, Shared Ownership allows buyers to purchase a share of a home – usually between 25% and 75%. Purchasers will pay a mortgage on the share that they own, and a below-market-value rent on the remainder to a housing association, along with any service charge and ground rent. As the purchaser only needs a mortgage for the share they own, the amount of money required for a deposit is often much lower compared to purchasing a property outright.
Entrance Hallway
Lounge/Kitchen/Diner (21' 2'' x 15' 3'' (6.45m x 4.64m))
Bedroom 1 (17' 6'' x 8' 8'' (5.33m x 2.64m))
Bedroom 2 (17' 6'' x 6' 8'' (5.33m x 2.03m))
Family Bathroom (6' 9'' x 6' 3'' (2.06m x 1.90m))
Allocated Parking
Communal Gardens
Further Information
The below market value rental for the other 50% is £3048.96 a year or £254.08 a month, The Service charge is £1749.44 a year or £145.78 a month (This includes buildings insurance and water rates) Lease approximately 100 years.
This highly regarded development is located just off Sutton road, which runs from Southchurch Road with its excellence range of amenities and transport links to Eastern Avenue which offers a Waitrose Supermarket and easy access to Priory Park and A127. Local train stations are also within close proximity.
Also referred to as part buy/part rent, Shared Ownership allows buyers to purchase a share of a home – usually between 25% and 75%. Purchasers will pay a mortgage on the share that they own, and a below-market-value rent on the remainder to a housing association, along with any service charge and ground rent. As the purchaser only needs a mortgage for the share they own, the amount of money required for a deposit is often much lower compared to purchasing a property outright.
Entrance Hallway
Lounge/Kitchen/Diner (21' 2'' x 15' 3'' (6.45m x 4.64m))
Bedroom 1 (17' 6'' x 8' 8'' (5.33m x 2.64m))
Bedroom 2 (17' 6'' x 6' 8'' (5.33m x 2.03m))
Family Bathroom (6' 9'' x 6' 3'' (2.06m x 1.90m))
Allocated Parking
Communal Gardens
Further Information
The below market value rental for the other 50% is £3048.96 a year or £254.08 a month, The Service charge is £1749.44 a year or £145.78 a month (This includes buildings insurance and water rates) Lease approximately 100 years.
