Share percentage 50.00%, full price £255,000, £1,275 Min Deposit.
Monthly Cost: £1,058
Rent £292,
Service charge £56,
Mortgage £710*
Calculated using a representative rate of 5.03%
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
Discover our stunning 2 bedroom house in Clacton, now available for purchase through shared ownership. The price advertised reflects a 50% share.
Description
This modern 2-bedroom semi-detached house offers an ideal opportunity for those looking to get onto the property ladder through shared ownership. With spacious living areas, a private garden, and well-proportioned bedrooms, this home is perfect for families, couples, or professionals seeking a blend of comfort and convenience.
The contemporary kitchen is designed with functionality and style in mind, offering ample storage, counter space, and room for appliances. Perfect for preparing meals and enjoying family dining, the kitchen has everything you need.
A convenient downstairs WC adds practicality to the layout, making it perfect for guests and everyday living.
The spacious master bedroom benefits from an ensuite bathroom, providing a private retreat with a shower, toilet, and washbasin. This additional bathroom adds extra comfort and privacy to the main bedroom.
The property features a private rear garden that is perfect for outdoor relaxation, dining, or children's play. The low-maintenance garden offers plenty of potential for personalizing your outdoor space.
The property comes with a designated off-road parking space, ensuring convenient and secure parking for residents.
Situated in a sought-after area, this home is within easy reach of local amenities such as schools, parks, shops, and public transport links. Commuters will appreciate the quick access to major transport routes.
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.You can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
Enquire today to find out more about shared ownership options and make this stunning property your next dream home!
T&Cs*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change.
Key Features
Available to purchase through shared ownership
Modern fitted kitchen
En-suite bathroom to main bedroom
Downstairs WC
Private garden
Flooring included throughout
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Garden
Year property was built: 2024
Unit size: 59.27 sqm
Communal lift: No
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: 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 £255,000, £1,275 Min Deposit. Calculated using a representative rate of 5.03%
