2 bedroom apartment for sale
41 Louis Faiers Crescent, , CM1 6EY
Share percentage 25%, full price £330,000, £4,125 Min Deposit.
Share percentage 25%, full price £330,000, £4,125 Min Deposit.
Monthly Cost: £1,185
Rent £567,
Service charge £148,
Mortgage £470*
Calculated using a representative rate of 5.26%
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
Wonderful 2-bedroom apartment in the Beaulieu Park development. The price advertised represents purchasing a 25% share of the home.
Description
Wonderful 2-bedroom apartment in the Beaulieu Park development. The price advertised represents purchasing a 25% share of the home.
About the Development
Brand new one and two bedroom apartments available now through shared ownership.
These luxurious apartments are located on the new build Countryside development, positioned in the heart of Beaulieu Park.
Each property is finished to a high standard throughout and boasts a modern stylish kitchen, contemporary bathroom suites and fitted carpets. This will make an ideal first time purchase.
Do not miss your chance to own one of these fabulous properties. Register your interest today!
About the Home
Internally the spacious property offers an open plan lounge/diner with fitted kitchen area, a spacious double bedroom and a family bathroom.
About the Area
Beaulieu Park is a popular area with homebuyers, surrounded by picturesque Essex countryside whilst also being within easy access into Chelmsford's vibrant city centre, it's the ideal location.
Offering an array of community facilities such as shops, schools and leisure facilities, this is the ideal location. Close by is Beaulieu Park Recreation Ground, a large sports park with great facilities for sports such as cricket and football to keep you and the family active. Other facilities in the area include a Sainsbury’s local, dental surgery, veterinary surgery and a community centre. Planning permission has been granted for a new Railway Station at Beaulieu Park, It is anticipated this new station will be operational in 2026.
With such a choice of things to do around the local area and its stunning new homes, Beaulieu Park could be your perfect place to call home.
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 25% 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
Key Features
- 2 bedroom 1st floor apartment
- Flooring throughout
- Storage space
- Modern fitted kitchen
- Allocated parking
- Close to local amenities
- 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 25%, full price £330,000, £4,125 Min Deposit. Calculated using a representative rate of 5.26%
