2 bedroom house for sale
17 Needle Close, Coggeshall, CO6 1ZT
Share percentage 50%, full price £340,000, £8,500 Min Deposit.
Share percentage 50%, full price £340,000, £8,500 Min Deposit.
Monthly Cost: £1,394
Rent £390,
Service charge £57,
Mortgage £947*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- 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.
Summary
2-bedroom semi-detached house in the Coggeshall Mill development. The price advertised represents purchasing a 50% share of the home.
Description
2-bedroom semi-detached house in the Coggeshall Mill development. The price advertised represents purchasing a 50% share of the home.
About the Development
Discover our collection of new 2 & 3 bedroom houses in Coggeshall Mill, located in the picturesque market town of Coggeshall, renowned for its silk production and exceptional ales. The mill is conveniently linked to some of Essex's most delightful destinations, offering a countryside lifestyle just 9 miles from Colchester for shopping and entertainment. Coggeshall town provides numerous amenities, making it easy to access your daily necessities.
About the Home
This brand new semi detached home features a spacious kitchen/diner at the back of the house with a separate living room, ground floor cloakroom, two double bedrooms, bathroom, parking and a garden
About the Area
Coggeshall, a charming and esteemed village with a history dating back to Saxon times, is celebrated for its preserved buildings. It maintains a genuine sense of community, offering activities and social groups appealing to people of all age groups.
The community and Parish Council organise frequent events that draw visitors. You'll also find a range of shops, pubs, a post office, and well-renowned restaurants. Moreover, the village offers comprehensive educational options, including Honywood Community Science Secondary School, St. Peter’s Primary School, and Absolute Angels Nursery School.
Each Thursday, the village upholds a market tradition that dates back to 1256. Kelvedon's mainline station is conveniently situated just 3 miles away from the development, and the Coggeshall community bus provides essential morning and evening trips for commuters. Furthermore, the nearby A12 and A120 make it easy to reach other areas, such as Chelmsford, Colchester, Braintree, and Stansted Airport.
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
Key Features
- 2 bedroom semi-detached house
- Flooring throughout
- Storage space
- Modern fitted kitchen
- Allocated parking
- Private garden
- 3 piece bathroom with shower over bath
- There will be an added service charge
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
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 £340,000, £8,500 Min Deposit. Calculated using a representative rate of 5.03%
