2 bedroom house for sale
Isabel Drive, CM22 6GU
Share percentage 40%, full price £340,000, £6,800 Min Deposit.
Share percentage 40%, full price £340,000, £6,800 Min Deposit.
Monthly Cost: £1,286
Rent £516,
Service charge £12,
Mortgage £758*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Two bedroom mid-terrace house
Description
We are excited to be offering the opportunity to purchase a 40% share of this property through Shared Ownership. Ideally located within the village of Elsenham, a short walk to the train station and a short drive to Stansted Airport. This is a well presented two-bedroom mid terraced house comprising of:
Entrance - Front door leading to hallway. Doors to open plan lounge/kitchen/dining area, lobby area and downstairs WC to rear. Under stairs storage cupboard. Stairs to first floor landing.
Lounge– Well-presented lounge connected to open plan kitchen/dining area. Phone and aerial points. Carpeted.
Kitchen – Fitted with a range of modern white gloss base and wall units. Black worktops and upstand. Stainless-steel splash back and extractor hood. Integrated electric oven and gas hob. Integrated fridge/freezer and washing machine. Stainless steel kitchen sink with mixer tap. Laminate flooring.
Downstairs WC – Spacious room with toilet and wash hand basin. Laminate flooring.
Bedroom 1 – Light and spacious double bedroom. Storage cupboard converted into wardrobes. Carpeted.
Bedroom 2 – Double bedroom. Storage cupboard converted into wardrobes. Carpeted.
Bathroom - Family bathroom with over bath electric shower with glass screen, wash hand basin and toilet. Laminate flooring.
Gas central heating and UPVC windows throughout.
External – Allocated parking for 2 cars. Enclosed rear garden laid to lawn with patio area. Rear access to parking area. Shed.
Applications are on a first come first serve basis.
Key Features
40% Shared Ownership
Two allocated parking spaces
8 minute walk to train station
Short drive to Stansted Airport
Downstairs WC
Gas central heating
Particulars
Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: C
Map
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: No
Fridge/Freezer: Yes
Parking: Yes - Allocated
Outside Space/Garden: Yes - Back Garden
Year property was built: 2018
Unit size: 69 square metres
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: No
Heating: Gas Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTP (Fiber to the premises)
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 £340,000, £6,800 Min Deposit. Calculated using a representative rate of 5.03%