2 bedroom apartment for sale
Archer Close, CM16 7FG
Share percentage 25%, full price £325,000, £4,063 Min Deposit.
Share percentage 25%, full price £325,000, £4,063 Min Deposit.
Monthly Cost: £1,357
Rent £721,
Service charge £183,
Mortgage £453*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- Priority must go to those who currently live and/or work in Epping Forest.
- Your annual household income is less than £80,000 per annum.
- You cannot purchase a home suitable to meet your housing needs on the open market (100% ownership).
- You do not already own a home or you would have sold your current home before you purchase.
Summary
UNDER OFFER: One 2-bedroom apartment through Shared Ownership!
Description
UNDER OFFER: Well-presented two-bedroom, second-floor apartment through the Shared Ownership resale scheme. Register your interest to find out more!
A very spacious flat with an entrance hall with an oversized coat cupboard, open-plan living & kitchen, 2 generously sized bedrooms and the main bathroom.
The property benefits from double glazing throughout with views over the Ongar Light Railway and open countryside beyond. The property also comes with two allocated parking spaces and benefits from 125 year lease (commencing in January 2019).
The village of Coopersale is located less than 2 miles from the market town of Epping's High Street and just under a ten-minute drive to Epping Station on the Central Line. Coopersale & Theydon Garnon primary school is a 5-minute walk away. You will find Epping Forest right on your doorstep.
Key Features
- 2 allocated parking spaces with access to visitor's parking
- Double glazed windows
- Fitted kitchen with integrated appliances
- EPC rating: B (85)
- Main bathroom with heated towel rail
- 125 year lease (from 2018)
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: E
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes
Outside Space/Garden: n/a
Year property was built: Enquire with provider
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 25%, full price £325,000, £4,063 Min Deposit. Calculated using a representative rate of 5.03%
