1/40
£130,000
Ground floor Shared Ownership apartment with garden, balcony & parking in Rochford
You can apply to buy the home if all of the following apply:
- your household income is £80,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
A well-presented two-bedroom ground floor apartment available through the Shared Ownership resale scheme, offering generous living space, outdoor areas and allocated parking. Built in 2006, this home is ideal for first-time buyers looking for an affordable step onto the property ladder.
The property features a spacious sitting/dining room, creating a comfortable central living area, alongside a separate modern kitchen. Both bedrooms are well-proportioned, making the second bedroom suitable for guests, a child's room or home office. The home further benefits from a main bathroom as well as an en-suite to the principal bedroom, adding extra convenience for residents and visitors alike.
A standout benefit is the access to both a garden and a balcony, offering valuable outdoor space rarely found with apartments. The home is offered unfurnished and benefits from electric heating and hot water systems, plus an allocated parking space within a shared parking area. 8
With a long lease and practical layout, this is a well-balanced home in a convenient setting.
- Shared Ownership resale - 50% share available
- Two well-sized bedrooms
- Spacious sitting/dining room
- Separate fitted kitchen
- En-suite to master bedroom
- Private garden and balcony
- Allocated parking space
- Approx. 641 sq ft / 59.5 sq m of living space
- Long lease - 122 years remaining
Key Information
- Tenure: Shared Ownership
- Available Shares from: 50%
- Full Market Value: £260,000
- Share Value (initial purchase) from: £130,000
- Rent (on unsold equity): £303.90
- Service Charge: £202.29 per month
- Lease Length: 122 years
- Council Tax Band: B
- EPC Rating: C
Location
Situated on Fambridge Road, Rochford (SS4), the property is well placed for local amenities and transport links, making it convenient for day-to-day living and commuting. The area offers a mix of shops, services and green spaces, appealing to a range of buyers seeking both practicality and lifestyle balance.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Red Loft