2 bed Flat For Sale £107,500
Brand new 2 bedroom apartment in the St Michael's Place development. The price advertised represents purchasing a 50% share of the home.About the HomeThis stunning two bedroom apartment has been finished to a high standard and offers modern and stylish living throughout.Set in a fantastic location you are within walking distance to a number of primary schools, a nature reserve and a short drive to the town centre.The home itself comes with a fully fitted bathroom, a stylish kitchen with an oven, hob and extractor fan and allocated parking.About the AreaColchester is a historic town being Britain’s first city, with many great places to visit such as its modern town centre, amazing Colchester zoo, historic Colchester Castle and plenty of fantastic restaurants, pubs and bars.As well as being a bustling town, Colchester also has many nature parks/nature reserve’s being fun for all of the family and beautiful coastline such as Mersea Island.Colchester also has multiple train stations with links to both London Liverpool Street and Suffolk, its own bus station in the town centre with buses traveling directly to Stansted airport and easy access to the A12.Shared Ownership The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.You can buy a minimum 50% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.T&Cs*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.*Service Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.
