Harry Lemon Court, CM1 6DU

Shared Ownership

Full Market Value: £325,000

Share Value (25%): £81,250

Monthly Rent: £490.70

Service Charge: £175.04

Council Tax Band: D

125 year lease commenced January 2020 - 120 years remaining

New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

L&Q welcomes you to view this two bedroom, ground floor apartment.

Thisbright andspaciousground floor apartment consistsof astylishopen-plan kitchen and living area, flooded with natural light from wide floor-length windows and double doors opening to outside area. The kitchen is fitted with cream wall and base units, with a oak effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. Spacious main double bedroom benefitting from en-suitewith showerand built-in storage cupboards. Bright and airy second double bedroom with floor-length windows. The bathroom comes complete with a white three-piece suite with a shower over bath and a marble tile surround. Additional double storage cupboards in hallway. Two allocated parking spaces.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Beaulieu boasts a countryside village characteristics and are perfect for families and professionals looking to call Essex home.

Commuters can enjoy easy access to central London, with only a 30-minute commute by train, making it an ideal location for those looking to join the property ladder. The Beaulieu community offers a range of facilities, including restaurants, schools, local shops and more.

Chelmsford station is located only three miles away, with a bus servicing the station from Beaulieu to assist residents with their daily commute. The Beaulieu bus timetable has been developed in conjunction with the station timetable - meaning once on the bus, Beaulieu residents can reach London Liverpool Street within an hour. Beaulieu will also benefit from its own train station, connecting to the Eastern mainline, offering direct links into London.

The development is just moments away from the A130, linking you to the A12 in just 10 minutes. Car travel from Beaulieu is set to become even simpler with the creation of a new relief road taking residents directly to junction 19 of the A12. The M25 is also just 18 miles away, making London and beyond all within easy reach.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £40,738. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.comand register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of June 2024.