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2 bedroom apartment for sale

Available

27 Abell Way, Springfield, CM2 6WU

£191,250 · Shared Ownership Resale

Share percentage 75%, full price £255,000, £19,125 Min Deposit.

Available
2 bedrooms
1 Bathroom
Pets allowed
Parking
£191,250 Shared Ownership Resale

Share percentage 75%, full price £255,000, £19,125 Min Deposit

Monthly Cost: £1,175
Service charge £209, Mortgage £966*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Summary

A large, 2 bedroom apartment; with vast amounts of storage space and private parking, that has been newly refurbished throughout.

Description

This first floor south facing apartment, overlooking the communal garden, is overall the largest in the building. It has a generous dual aspect reception room, and a stylish separate kitchen/diner that is fitted with dark units and wood effect work surfaces; this has been recently upgraded to incorporate extra storage room, and also a newly fitted boiler (2021). There are two double bedrooms, the master with built in storage, and two large storage cupboards in the hallway. A newly fitted contemporary family bathroom with real tile flooring completes the accommodation. The central heating is gas, and can be controlled via the thermostat or a smartphone. Outside is an allocated car parking space (with further parking available in front of the building) and a large regularly maintained communal garden.

It is unusual for a property such as this to pay £0 rent, and in addition this property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Located in the desirable Chancellor Park community, this property enjoys all the advantages of a highly sought-after location. The area includes well-maintained parks, making it ideal for families who enjoy outdoor activities. A variety of local amenities are just a short distance away, including shops, cafes, and leisure facilities, ensuring everything you need is within easy reach. Chancellor Park is also known for its excellent schools, making this home a perfect choice for families seeking strong educational opportunities for their children. There are regular bus links to Colchester and Chelmsford City centre just 2 miles away, including journeys straight to Chelmsford's recently refurbished train station, just 2.5 miles away.

Key Features

- Newly fitted kitchen and bathroom

- laminate, real tile and brand new carpet flooring throughout

- Gas central heating from a newly fitted boiler

- Communal Garden

- Pets Allowed

Particulars

Tenure: Leasehold
Lease Length: 102 years
Council Tax Band: C

Property Downloads
Key Information Document Energy Certificate
Map
Chelmsford (1.97 miles) Hatfield Peverel (4.23 miles) Witham (6.95 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 - Allocated

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

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.

£191,250
Shared Ownership Resale
Estimated Monthly Cost:£1,175
Rent £0
Service Charge £209
Mortgage £966

Share percentage 75%, full price £255,000, £19,125 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.