2 bedroom house for sale
Willow Crescent, CO4 6AU
Share percentage 40%, full price £300,000, £6,000 Min Deposit.
Share percentage 40%, full price £300,000, £6,000 Min Deposit.
Monthly Cost: £1,162
Rent £453,
Service charge £25,
Mortgage £684*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
Two bedroom terraced house
Description
We are excited to be offering the opportunity to purchase a 40% share of this property through Shared Ownership. This is a well presented two-bedroom terraced house situated in the desirable Kingswood Heath Estate comprising of:
Entrance - Front door leading to hallway. Door to kitchen at front, downstairs WC and lounge/dining area to rear. Stairs to first floor landing.
Lounge– Large well-presented lounge with space for dining area. Phone and aerial points. Door to private back garden. Carpeted.
Kitchen – Fitted with a range of modern white gloss base and wall units. Grey worktops and upstand. Glass splashback and stainless-steel extractor hood. Integrated electric oven and hob. Space for fridge/freezer and washing machine. Stainless steel kitchen sink with mixer tap. Vinyl flooring.
Downstairs WC – Spacious room with toilet and wash hand basin. Vinyl flooring.
Bedroom 1 – Light and spacious double bedroom. Storage cupboard. Carpeted. Aerial point.
Bedroom 2 – Double bedroom. Carpeted.
Bathroom - Family bathroom with over bath thermostatic shower with glass screen, wash hand basin and toilet. Storage cupboard. Vinyl flooring.
Gas central heating and UPVC windows throughout.
External – Allocated parking for 2 cars. Enclosed rear garden with mature planting. 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
40% Shared Ownership
Two allocated parking spaces
Downstairs WC
Private back garden
Easy access to A12
Close to Colchester General Hospital
Particulars
Tenure: Leasehold
Lease Length: 118 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 40%, full price £300,000, £6,000 Min Deposit. Calculated using a representative rate of 5.26%
