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1 bed Flat For Sale £105,000
Primula Court, Primrose Hill, Chelmsford, Chelmsford CM1


Description
Full Market Value
£210,000

Share Value(50%)
£105,000

Monthly Rent
£217

Service Charge
£179

Minimum Income
£30,096

Shared ownership

Full market value - £210,000

You pay (50%) - £105,000

Monthly rent - £217.02

Monthly Service charge - £179.49

Additional monthly charges: Heating £63.47 and Water £17.81

Ground rent - N/A

99 year lease commenced in June 2015 (92 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.

Primrose Hill is conveniently located to local schools, shops and transport links in and around Chelmsford.

High Chelmer Shopping Centre is within a fifteen minute walk from the property, which includes a range of high street shops such as River Island, New Look and Superdry and eateries including Starbucks, Subway and Greggs. The city also offers several cinemas, gyms and supermarkets.

Chelmsford Station (Greater Anglia) provides regular services to London Liverpool Street and is within a ten minute walk.

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 £30,096. 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 August 2021.

Follow the link for more information:
        
zoopla.co.uk

  
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