3 bedroom house for sale
40 Rogers Avenue, Earls Colne, CO6 2FF
Share percentage 50%, full price £405,000, £10,125 Min Deposit.
Share percentage 50%, full price £405,000, £10,125 Min Deposit
Monthly Cost: £1,672
Rent £464,
Service charge £80,
Mortgage £1,128*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
- Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
- You have a deposit of at least 5% of the share value
- You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
- This will be your only residence.
- You are a permanent UK resident or have indefinite right to remain.
Summary
3 bedroom semi-detached house in the De Vere Grove development. The price advertised represents purchasing a 50% share of the home.
Description
3 bedroom semi-detached house in the De Vere Grove development. The price advertised represents purchasing a 50% share of the home.
About the Development
Earls Colne is a small village just a few miles from the popular Halstead. This development will be offering a selection of 3 bedroom homes available through Shared ownership. Earls Colne has a selection of local amenities such as a convenience store, tennis club as well as providing a primary school and doctors surgery. All homes are offered with various integrated appliances and allocated parking.
About the Home
This brilliant three bedroom home has been finished to a high standard throughout and offers modern and stylish living within a countryside setting.
The home itself comes with a fully fitted bathroom, a stylish kitchen with an oven with hob and extractor fan and an allocated parking spot.
About the Area
A mere 3.2 miles from Halstead (roughly a 7 minute drive) and 10 miles from Colchester (roughly a 20 minute drive)there are endless local amenities for you to enjoy. Combine residential living with the beautiful countryside as the Colne Valley Nature Reserve makes way for hiking routes along the river Colne and great picnic locations for the summer!
The A120 and A131 are both within driving distance from the development which provide access to Braintree and Colchester. Furthermore, these give access to he A12 taking you down to the M25 for any London Access.
Shared Ownership
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 50% 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.
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
- 3 bedroom semi-detached house
- Flooring throughout
- Storage space
- Modern fitted kitchen
- Allocated parking
- Private garden
- NHBC Warranty
- There will be an added service charge
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
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
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 50%, full price £405,000, £10,125 Min Deposit. Calculated using a representative rate of 5.03%
