This spacious, three bedroom, apartment with private balcony, in Epping is available now on a part-buy/part-rent basis.
Shared Ownership
The scheme allows you to purchase the specified share of the property price and pay a reduced rent on the share you do not own. You will have the opportunity to buy further shares (subject to affordability) at a later date. As a shared owner you will be an assured tenant until you own 100% of the shares for the property, after which you will own the leasehold interest
Location
Close M11 5 minutes by car.
Epping Station 13 minutes away
Stanstead Airport 15 minutes away.
Local nursery nearby
Uninterupted views across the countryside
Harlow 15 minutes drive
Chelmsford town within 30 minutes drive.
Gia – 90m²
Bedroom 1 with En Suite – 3.33 x 3.42m²
• Double room
En Suite Bathroom – 1.45 x 1.84m²
Bedroom 2 - 3.75 x 3.01m²
• Double room
Bedroom 3 - 3.13 x 3.42m²
• Double room
Bathroom/WC – 2.23 x 3.32m²
• Bath
• WC
• Sink
Kitchen / Diner / Living Room- 5.94 x 5.15m²
Outside
• Private Balcony
• Allocated parking
Further Info
Tenure: Leasehold
Ground Rent review Period: N/A
Lease Length: 123 years
Council Tax Band: D
Energy Efficiency Rating – C
Eligibility
• You must be at least 18 years old
• You should live or work in Epping
• Outside of London your annual household income must be less than £80,000
• You cannot own another home. Shared Ownership purchasers are often first-time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it
• You should not be able to afford to buy a home suitable for your housing needs on the open market.
• You must show you are not in mortgage or rent arrears
• You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home.
• You must be earning a household income of at least £60,051 per annum, with a minimum deposit of £9,850
Open day
Saturday 6th August 2022 9 am – 4 pm
Viewings strictly by appointment only.
For further information or to book an appointment, please contact our Resales team on
Tel: Or email:
Sale Price and Equity
Full market value: £395,000
Share available: 50%
Share price: £197,500
Monthly net rent: £409.25
Monthly service charge: £147.76
Council Tax rates payable £1,940.92