2 bedroom house for sale
French Close, CO9 2GJ
Share percentage 50%, full price £295,000, £7,375 Min Deposit.
Share percentage 50%, full price £295,000, £7,375 Min Deposit.
Monthly Cost: £1,247
Rent £378,
Service charge £28,
Mortgage £841*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
Two bedroom semi-detached house
Description
We are excited to be offering the opportunity to purchase a 50% share of this property through Shared Ownership. Located in Halstead only a short walk from the local schools and the leisure centre. This is a well presented two-bedroom semi-detached house comprising of:
Entrance - Front door leading to hallway. Doors to kitchen, downstairs WC, and lounge/dining area to the rear of the property. Stairs to first floor landing, storage cupboard on landing.
Lounge/dining area – Large well-presented lounge with dining area. Phone and aerial points. Large storage cupboard. Carpeted. French doors to private back garden.
Kitchen –Fitted with a range of modern base and wall units. Grey worktops and upstand. Stainless steel extractor hood and splashback. Integrated electric oven and gas hob. Space for fridge/freezer and washing machine. Stainless steel 1.5 kitchen sink with mixer tap. Laminate flooring.
Downstairs WC – Spacious room with wash hand basin and toilet. Laminate flooring.
Bedroom 1 – Double bedroom. Fitted wardrobes. Aerial point. Carpeted.
Bedroom 2 – Twin room. Aerial point. Carpeted.
Bathroom - Family bathroom with over bath electric shower, wash hand basin and toilet. Heated towel rail. Laminate flooring.
Gas central heating and UPVC windows throughout.
External – Driveway parking for 2 cars. Enclosed rear garden laid to lawn with patio area and side access. Shed.
Applications are based on a first come first serve basis. Please note, that you will be required to supply a copy of your mortgage in principle/agreement in principle as part of your application.
Key Features
50% Shared Ownership
Downstairs WC
Driveway parking for 2 vehicles
Gas central heating
Short drive to Halstead Town centre
Particulars
Tenure: Leasehold
Lease Length: 122 years
Council Tax Band: C
Map
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 50%, full price £295,000, £7,375 Min Deposit. Calculated using a representative rate of 5.26%
