1 bed Flat For Sale £112,500
Full Market Value
£250,000
Share Value(45%)
£112,500
Monthly Rent
£221
Service Charge
£169
Minimum Income
£30,771
Shared ownership
Full market value – £250,000
You pay (45%) - £112,500
Monthly rent – £220.51
Service charge - £168.54
Ground rent payable - £100.00
125 year lease commenced 27/09/2019 (123 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 situated on the Beaulieu Park development in close proximity to local amendities including shopping, restaurants and fitness facilities. Within the development are a Sainsbury’s Local, a dental and veterinary surgery, Costa Coffee and Domino’s. The recently opened school and a community centre are also within walking distance. Chelmsford City Centre offers most of the high street retailers, independent stores and ample entertainment opportunities. Chelmsford Railway station is also approximately 3 miles away and a speedy bus takes your there from Beaulieu Park in just 15 minutes.
You 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 £30,771. 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. Please visit our website to register and obtain your unique registration 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 November 2021.
£250,000
Share Value(45%)
£112,500
Monthly Rent
£221
Service Charge
£169
Minimum Income
£30,771
Shared ownership
Full market value – £250,000
You pay (45%) - £112,500
Monthly rent – £220.51
Service charge - £168.54
Ground rent payable - £100.00
125 year lease commenced 27/09/2019 (123 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 situated on the Beaulieu Park development in close proximity to local amendities including shopping, restaurants and fitness facilities. Within the development are a Sainsbury’s Local, a dental and veterinary surgery, Costa Coffee and Domino’s. The recently opened school and a community centre are also within walking distance. Chelmsford City Centre offers most of the high street retailers, independent stores and ample entertainment opportunities. Chelmsford Railway station is also approximately 3 miles away and a speedy bus takes your there from Beaulieu Park in just 15 minutes.
You 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 £30,771. 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. Please visit our website to register and obtain your unique registration 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 November 2021.
