1 bed Flat For Sale £160,000
Shared ownership One bedroom ground floor apartment available to purchase from a 40% share at £64,000 with a deposit of £3,200. Maximum amount available to purchase initially is 75%. Full market value £160,000. A great opportunity to get onto the property ladder and live in this contemporary spacious one bedroom apartment.
The Apartment
As you enter this ground floor apartment you walk straight into the hallway with cupboards on your left and right hand side which is more than ample for your storage needs! As you we continue through the apartment you will find the master bedroom on your left hand size which is double in size and the bathroom conveniently situated opposite. Continuing through the apartment has a very modern and stylish open plan kitchen/diner/living area which boasts over 250sqft in size!
Local Area
Set in the middle of the Essex countryside, the village of Silver End is full of history and charm. Now an exciting new community has arrived. Built to the highest standards, the new development at Western Road has been designed to ensure you get the best out of life. Move into Western Road and you will be within easy commuting distance of London and close to the thriving towns of Braintree and Colchester. The quiet of the countryside is waiting to welcome you home after a busy day. With ample space to relax, and all the amenities of modern living at your disposal, this is a great place to put down roots.
With a charming village centre, supermarket, cake shop and traditional pub, Silver End is a great place to live. The Village Hall is one of the largest in the country and hosts dancing, cinema and snooker. There are good medical facilities, local schools and restaurants. From the scenes that inspired Constable’s paintings to the trails at Great Notley Country Park, the local countryside is waiting to be explored. You can hire a boat and take to the water at Dedham or hunt down a bargain in the designer shops of Braintree Village. There’s horse racing at Chelmsford and you can take a trip back through time to enjoy the history and food festivals at Cressing Temple Barns. Colchester Zoo is another great day out. Living at Western Road, you’ll never run out of things to do.
Financial Breakdown
Full market value: £160,000
40% share value: £64,000
5% deposit: £3,200
Rent charged on unowned share : 2.75%
Rent on unowned share (60%) : £220 per month
What is Shared Ownership?
If you can't afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
About Legal and General Affordable Homes
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
Note: Photos may be representative of a similar property but not be the one which the buyer may be purchasing. Call Abbotts Colchester for more information
The Apartment
As you enter this ground floor apartment you walk straight into the hallway with cupboards on your left and right hand side which is more than ample for your storage needs! As you we continue through the apartment you will find the master bedroom on your left hand size which is double in size and the bathroom conveniently situated opposite. Continuing through the apartment has a very modern and stylish open plan kitchen/diner/living area which boasts over 250sqft in size!
Local Area
Set in the middle of the Essex countryside, the village of Silver End is full of history and charm. Now an exciting new community has arrived. Built to the highest standards, the new development at Western Road has been designed to ensure you get the best out of life. Move into Western Road and you will be within easy commuting distance of London and close to the thriving towns of Braintree and Colchester. The quiet of the countryside is waiting to welcome you home after a busy day. With ample space to relax, and all the amenities of modern living at your disposal, this is a great place to put down roots.
With a charming village centre, supermarket, cake shop and traditional pub, Silver End is a great place to live. The Village Hall is one of the largest in the country and hosts dancing, cinema and snooker. There are good medical facilities, local schools and restaurants. From the scenes that inspired Constable’s paintings to the trails at Great Notley Country Park, the local countryside is waiting to be explored. You can hire a boat and take to the water at Dedham or hunt down a bargain in the designer shops of Braintree Village. There’s horse racing at Chelmsford and you can take a trip back through time to enjoy the history and food festivals at Cressing Temple Barns. Colchester Zoo is another great day out. Living at Western Road, you’ll never run out of things to do.
Financial Breakdown
Full market value: £160,000
40% share value: £64,000
5% deposit: £3,200
Rent charged on unowned share : 2.75%
Rent on unowned share (60%) : £220 per month
What is Shared Ownership?
If you can't afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 40% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
About Legal and General Affordable Homes
Legal & General Affordable Homes are a Registered Provider offering these apartments for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.
Note: Photos may be representative of a similar property but not be the one which the buyer may be purchasing. Call Abbotts Colchester for more information
