1 bedroom apartment for sale
Banham Drive / James Love Place, CM3 3HR
Share percentage 35.00%, full price £235,000, £8,225 Deposit.
Share percentage 35.00%, full price £235,000, £8,225 Deposit
Monthly Cost: £935
Rent £350,
Service charge £170,
Mortgage £415*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Shared Ownership One Bedroom Apartments
Description
CHP are pleased to present to the market these one bedroom apartments at the highly desirable development Beaulieu Park in Chelmsford.
Recent price reduction!
£1,000 incentive towards legal fees available.
Key Features
- Gas central heating
- Fully fitted kitchen appliances
- 1 x Allocated parking space with EV charging point
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan Price ListMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: Yes - Allocated
Outside Space/Garden: n/a
Year property was built: 2024
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 10%, full price £235,000, £2,350 Min Deposit. Calculated using a representative rate of 4.59%
