2 bedroom house for sale
Mead Field Drive, CM22 7FJ
Share percentage 45%, full price £375,000, £8,438 Min Deposit.
Share percentage 45%, full price £375,000, £8,438 Min Deposit.
Monthly Cost: £1,528
Rent £545,
Service charge £43,
Mortgage £940*
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 45% share of this property through Shared Ownership. Located a short drive to the M11 and Stansted Airport. This property is also conveniently located close to local amenities and the train station. Built in 2023, this is a well presented two-bedroom mid-terrace house comprising of:
Entrance - Front door leading to spacious hallway. Doors leading to downstairs WC, open plan lounge/dining area and kitchen. Stairs to first floor landing.
Under stairs storage cupboard with access to fuse board.
Lounge/dining area – Large well-presented lounge with space for dining area. Phone and aerial points. French doors to private back garden.
Kitchen – Fitted with a range of modern black base and wall units. White worktops and upstand. Coloured glass splash back and stainless-steel extractor hood. Integrated electric oven and induction hob. Integrated fridge/freezer. Space for washing machine. Kitchen sink with mixer tap. Vinyl flooring.
Downstairs WC –Convenient room with wash hand basin and toilet.
Bedroom 1 – Double bedroom. Aerial point. Carpeted.
Bedroom 2 - Double bedroom. Aerial point. Carpeted. Storage cupboard.
Bathroom - Family bathroom with over bath thermostatic shower, wash hand basin and toilet. Heated towel rail. Vinyl flooring.
Air source heat pump system – underfloor heating downstairs and radiators upstairs. UPVC triple glazed windows throughout.
External – Two allocated parking spaces. Enclosed rear garden with patio and grass area. Access to car park at rear.
Applications are on a first come first serve basis.
Key Features
45% Shared Ownership
Built in 2023
Two allocated parking spaces
Downstairs WC
Close to Stansted Airport
Easy access to M11
Short drive to train station
Particulars
Tenure: Leasehold
Lease Length: 989 years
Council Tax Band: C
Map
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Yes
Parking: Yes - Allocated
Outside Space/Garden: Yes - Back Garden
Year property was built: 2023
Unit size: 79 square metres
Accessible measures: Enquire with provider
Flooded within the last 5 years: No
Listed property: No
Heating: Eco-Friendly
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 45%, full price £375,000, £8,438 Min Deposit. Calculated using a representative rate of 5.03%
