3 bedroom house for sale

Available

Furlong road, CM7 5BJ

£160,000 · Shared Ownership New Build

Share percentage 40%, full price £400,000, £8,000 Min Deposit.

Available
3 bedrooms
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£160,000 Shared Ownership New Build

Share percentage 40%, full price £400,000, £8,000 Min Deposit.

Monthly Cost: £1,477
Rent £550, Service charge £36, Mortgage £891*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Summary

New release of three bedroom homes at Martingale Rise

Description

New release of three bedroom homes at Martingale Rise

A Closer look at our three bedroom homes

Martingale rise offers a selection of stunning semi-detached three bedroom houses offering modern living in a serene setting. These spacious 1,003 sq ft properties are designed for comfort and style, featuring a separate kitchen, perfect for culinary enthusiasts; a living/dining room, ideal for entertaining and downstairs WC perfect for guests. Upstairs, you'll find three cosy bedrooms along with a well-appointed full bathroom.

Available from 40% share - £160,000
Deposit from - £8,000
full market value - £400,000


Welcome to Martingale Rise

Superbly designed two and three bedroom houses for sale in the market town of Braintree.
Martingale Rise is part of a new community of family homes built around public spaces surrounded by the rolling Essex countryside.

Offering a selection of two and three-bedroom houses available with shared ownership, each home has been designed and fitted to a high standard with all-inclusive appliances, contemporary specifications, and energy-efficient features throughout.

Part of the popular Towerlands Park development, this charming new community includes play areas and public spaces and even its own planned retail space and nursery on-site. Braintree Town Centre is close by with a wealth of further amenities and schools in the wider community, as well as Braintree railway station offering direct services to London Liverpool Street in just one hour, and superb connections to road into the neighboring cities of Chelmsford and Colchester.

Key Features
  • Modern specification
  • New community with local amenities
  • Energy efficient features including EV charging and Air Source Heat Pumps
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Key Information Document Floor Plan Brochure Price List
Map
Braintree (1.68 miles) Braintree Freeport (2.18 miles) Cressing (3.48 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
  • Service Charge: Covers maintenance and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£160,000
Shared Ownership New Build
Estimated Monthly Cost:£1,477
Rent £550
Service Charge £36
Mortgage £891

Share percentage 40%, full price £400,000, £8,000 Min Deposit. Calculated using a representative rate of 5.03%


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Development
Martingale Rise at Towerlands Park
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.