1/3
£87,500
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Wonderful 1 bedroom apartment in the Paddocks Development. The price advertised represents purchasing a 50% share of the home.
About the Development
These beautiful properties built by Countryside offer modern living with a stylish kitchen to include oven, hob and extractor fan, contemporary living room. These properties have been finished to a high standard throughout. If you are looking to step onto the property ladder, this is the perfect opportunity to do so.
About the Home
This beautiful 1 bedroom apartment is finished to a high standard throughout, with a modern style kitchen, contemporary bathroom suite, and fitted flooring throughout. Enjoy an open plan layout as well as spacious bedrooms.
About the Area
Cressing is a rural village just outside of Braintree which offers a range of amenities including local shops, a railway station and a primary school. The A120 and A131 are easily accessible providing excellent transport links to Stansted Airport and Chelmsford City.
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.
*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.