2 bedroom apartment for sale
6 Orchard House, Isabel Drive, CM22 6GU
Share percentage 50%, full price £287,500, £7,188 Min Deposit.
Share percentage 50%, full price £287,500, £7,188 Min Deposit
Monthly Cost: £1,158
Rent £345,
Service charge £12,
Mortgage £801*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
There is a local connection requirement for the applicant/buyer to the area of Uttlesford as follows:
- to have been born in UDC
- to have lived/lives in UDC
- to have worked/works in UDC
- to have a parent or child in UDC
Summary
2 bedroom apartment - available now
Description
Eastlight are proud to offer this beautifully maintained and recently re-decorated 2 bedroom apartment for purchase of 50% shares under the shared ownership scheme.
The property is on the first floor of a two-storey building comprises of:
- Entrance hall
- Open plan kitchen, dinning and lounge
- Bathroom
- 2 bedrooms
- 2 allocated car spaces
The apartment has been recently redecorated with new appliances, worktops and tilling fitted.
Ideally located in the sought after village of Elsenham, with quick access to the M11, A120 and Stansted Airport.
Please note the local connection requirements to Elsenham and/or Uttlesford area.
N.B. Note the rent & service charge increase is due from the 7th April to £352.26 and £26.82 respectively
Key Features
- recently redecorated
- made to measure blinds to stay in the property
- smart thermostats fitted
- white goods included
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C
Map
Material Information
Total rooms:
Furnished: Part-furnished
Washing Machine: Yes
Dishwasher: No
Fridge/Freezer: Yes
Parking: Yes - Allocated
Outside Space/Garden: No
Year property was built: 2017
Unit size: 64 sq/m
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 50%, full price £287,500, £7,188 Min Deposit. Calculated using a representative rate of 5.03%
