2 bedroom apartment for sale

Available

35 Lancer Street, Colchester, CO2 7FS

£68,250 · Shared Ownership Resale

Share percentage 35%, full price £195,000, £6,825 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
£68,250 Shared Ownership Resale

Share percentage 35%, full price £195,000, £6,825 Min Deposit.

Monthly Cost: £761
Rent £320, Service charge £95, Mortgage £346*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

This first-floor 2-bedroom flat features a welcoming hallway, well-equipped kitchen, and spacious open plan lounge/diner for relaxation and entertaining.

Description

This first-floor 2-bedroom flat features a welcoming hallway, well-equipped kitchen, and spacious open plan lounge/diner for relaxation and entertaining. A comfortable double bedroom and versatile single bedroom/home office are complemented by a modern, well-maintained bathroom. Two allocated parking spaces and ample storage, including three cupboards, add convenience;

Located near Abbey Fields for outdoor activities, Colchester town centre offers shops, restaurants, and cultural attractions. Ideal for families with proximity to highly regarded schools, it's also convenient for commuters with Colchester Town train station nearby, providing links to London, Ipswich, and Norwich. Overall, this flat blends comfort, convenience, and lifestyle amenities in a sought-after location.

Key Features

Lounge/Diner

Tv point, Laminate flooring,

Kitchen

Fitted kitchen, laminate flooring stainless steel sink & drainer

Bedroom 1

Double bedroom, tv point, carpeted

Bedroom 2

Tv point, carpeted

Bathroom

Tiled flooring

Parking

X 2 allocated spaces.

Particulars

Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: B

Property Downloads
Key Information Document Energy Certificate
Map
Colchester Town (0.62 miles) Colchester Station (1.29 miles) Hythe (1.51 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.

£68,250
Shared Ownership Resale
Estimated Monthly Cost:£761
Rent £320
Service Charge £95
Mortgage £346

Share percentage 35%, full price £195,000, £6,825 Min Deposit. Calculated using a representative rate of 4.64%


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.