Available

£110,000

Badger Mount, Rayne Gardens, Braintree, CM7 2DE
Share 40% / Full price £275,000 / Min deposit £11,000

Apartment
2 bedrooms
1 bathroom

Urban Moves
01748329132
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Summary

A Fantastic Opportunity to Purchase a Two Bedroom Coach House on a Shared Ownership (Part Buy/Part Rent) Basis

Description

This smartly-presented property forms the first (top) floor of a recently-constructed, detached building. Access if a via a private ground-floor entrance with stairs leading up to a naturally-lit hallway. There is a spacious, dual-aspect reception room with south-east-facing window in the kitchen area and double doors that lead out onto a balcony. The bedrooms are both generously-sized doubles and the bathroom is sleek and modern. Well insulated walls, roof and floor, high performance glazing and gas central heating all contribute towards a very good energy-efficiency rating. The property comes with use of the car-port immediately to the left of the entrance, which includes an under-stairs storage/utility cupboard. Braintree town centre and the railway station can also be reached via bus or by a brief cycle ride. Nearby Oak Meadow Nature Reserve offers beautiful, outside space to explore.

SHARED OWNERSHIP (Advertised price represents 40% share. Full market value £275,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [https://tinyurl.com/ybm6rub7]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/07/2020).
Minimum Share: 40% (£110,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £463.96 per month (subject to annual review).
Service Charge: £49.96 per month (subject to annual review).
Guideline Minimum Income: Dual - £33,400 | Single - £39,700 (based on minimum share and 10% deposit).
Council Tax: Band B, Braintree District Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.

Description

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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.
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£110,000 Shared Ownership Resale Full price £275,000
Estimated monthly cost £1,060
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