1 bedroom apartment for sale
Cunard Square, Townfield Street, CM1 1AQ
Share percentage 25%, full price £240,000, £3,000 Min Deposit.
Share percentage 25%, full price £240,000, £3,000 Min Deposit
Monthly Cost: £923
Rent £365,
Service charge £224,
Mortgage £334*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
One bedroom 2nd floor flat
Description
We are delighted to be offering the opportunity to purchase a 25% share of this property through Shared Ownership. Ideally located close to Chelmsford Train Station with services to London Liverpool Street. Short walk to the city centre and local amenities. This is a well presented one-bedroom 2nd floor flat in a four-storey block comprising of:
Entrance-communal entrance door at street level via fob entry.
Hallway – Spacious hallway with doors leading to open plan lounge/kitchen/dining area. Bathroom. Bedroom. Storage cupboard. Phone point.
Kitchen/dining area– Fitted with a range of white base and wall units. Black worktop. Integrated fridge/freezer, integrated oven and gas hob with stainless steel extractor hood. Space for washing machine/dishwasher. Stainless steel kitchen sink with mixer taps. Vinyl flooring.
Lounge– Well-presented lounge/dining area with sliding doors to large balcony. Phone and aerial points.
Bedroom 1–Double bedroom. Aerial point. Carpeted.
Bathroom - Family bathroom with over bath thermostatic shower, wash hand basin and toilet. Heated towel rail. Vinyl flooring.
Gas heating and UPVC windows throughout.
External – Private south facing balcony. Communal bin store and bike storage. Concierge service. Access to gym facilities.
Applications are based on a first come first serve basis. Viewings can be arranged upon receipt of a successful affordability assessment with SRC Financial. Register your interest to receive further information
Key Features
25% Shared Ownership
Private south facing balcony
Close to train station
Access to gym facilities
Particulars
Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: C
Map
Material Information
Total rooms:
Furnished: Part-furnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: Yes
Parking: No - Allocated
Outside Space/Garden: No - Private Balcony
Year property was built: 2017
Unit size: 50 sq/m
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: No
Heating: Gas Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 25%, full price £240,000, £3,000 Min Deposit. Calculated using a representative rate of 5.03%
