Meggy Tye, CM2 6GA

SHARED OWNERSHIP

Full Market Value - £190,000

You Pay (75%) - £142,500

Monthly Rent - £0 There is no rent to pay on the remaining 25%

Service Charge - £226.85

Annual Ground Rent - £52

125 year lease commenced in September 2002 - 104 years remaining

Council Tax Band: B

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.

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*

The open plan dual aspect living area includes a kitchen fitted with high gloss units and white work surfaces with integrated oven, hob and extractor and spaces for white goods. A well-proportioned double bedroom with fitted wardrobe and a family bathroom complete the accommodation.

Springfield is a highly sought-after Chelmsford location with its delightful array of schools, shops and parks.Chelmsford has a pedestrianised High Street two shopping precincts and hugely popular Bond Street with John Lewis store. There is also many leisure facilities including Riverside Ice Rink and leisure centre. There is a popular Saturday market along with plenty of cafes and restaurants.

Chelmsford train station offers direct links to Central London. A number of bus services stop outside of the development, whilst the A12 and A414 provide road links to the M25 and M11/Stanstead airport.

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 £36,340. If you are offered the property, 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 at October 2024.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.