A new pathway home with Share to Buy
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2 bedroom house for sale

Available

Oak Drive, Elsenham, CM22 6GB

£105,000 · Shared Ownership Resale

Share percentage 30%, full price £350,000, £10,500 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Private Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£105,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £350,000, £10,500 Min Deposit.

Monthly Cost: £1,199
Rent £613, Service charge £56, Mortgage £530*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Eligibility
  • Priority will be given to those who currently live and/or work in the Borough.
  • 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 (100% ownership).
  • You do not already own a home or you will have sold your current home before you purchase.
Summary

2-bedroom end of terrace house now available through Shared Ownership resale!

Description

We are pleased to offer this well-presented, two-bedroom end-of-terrace house through Shared Ownership resales.

This home is finished to a high standard and comprises a fitted kitchen, a separate living room, and a downstairs WC. Upstairs, you will find 2 great-sized bedrooms with built-in cupboards for bedroom 1, the main bathroom, and a loft. Externally, the home benefits from a private garden and three parking spaces.

Commuting couldn’t be easier. Elsenham Train Station is a 15-minute walk and will get you to London Liverpool in 1 hour or to Cambridge in half an hour. Just a 10-minute drive to the A120 or 15 minute drive to the M11.

Key Features
  • Fitted kitchen
  • EPC Rating: B
  • Private Garden
  • 3 parking spaces
  • Great transport links
  • 125-year lease (from 2019)
Particulars

Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: C

Property Downloads
Floor Plan Energy Certificate
Map
Elsenham (0.55 miles) Stansted Mountfitchet (1.26 miles) Stansted Airport (2.36 miles)
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 - Private Garden

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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£105,000
Shared Ownership Resale
Estimated Monthly Cost:£1,199
Rent £613
Service Charge £56
Mortgage £530

Share percentage 30%, full price £350,000, £10,500 Min Deposit. Calculated using a representative rate of 4.59%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.