2 bed Flat For Sale £73,750
Full Market Value
£295,000
Share Value(25%)
£73,750
Monthly Rent
£356
Service Charge
£235
Minimum Income
£33,167
Shared ownership
Full market value – £295,000
You pay (25%) - £73,750
Monthly rent – £355.86
Service charge - £234.95
Ground rent payable - £ N/A
Two allocated parking spaces
125 year lease commenced in August 2018 (122 years remaining)
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
This first floor apartment is located within close proximity to an array of amenities and is a short distance to Chelmsford's City centre.
Chelmsford offers the perfect balance of high street retailers, independent stores and ample entertainment opportunities such as the ice rick, Civic Theatre and multi-screen cinemas.
The city is very popular with commuters with its mainline train station providing a frequent service to London Liverpool Street within 35 minutes and Stratford in just 25 minutes. The apartment is also close to the park and ride which provides direct access into Chelmsford City centre.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £33,167. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of 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 of July 2021.
£295,000
Share Value(25%)
£73,750
Monthly Rent
£356
Service Charge
£235
Minimum Income
£33,167
Shared ownership
Full market value – £295,000
You pay (25%) - £73,750
Monthly rent – £355.86
Service charge - £234.95
Ground rent payable - £ N/A
Two allocated parking spaces
125 year lease commenced in August 2018 (122 years remaining)
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
This first floor apartment is located within close proximity to an array of amenities and is a short distance to Chelmsford's City centre.
Chelmsford offers the perfect balance of high street retailers, independent stores and ample entertainment opportunities such as the ice rick, Civic Theatre and multi-screen cinemas.
The city is very popular with commuters with its mainline train station providing a frequent service to London Liverpool Street within 35 minutes and Stratford in just 25 minutes. The apartment is also close to the park and ride which provides direct access into Chelmsford City centre.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £33,167. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of 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 of July 2021.
