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£142,000
Spacious Two-Bedroom Home with Two Parking Spaces | Shared Ownership Opportunity
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.
Spacious Two-Bedroom Home with Two Parking Spaces | Shared Ownership Opportunity
Well-presented two-bedroom home available through the Shared Ownership scheme, offering modern and practical living across approximately 730 sq ft. Built in 2017, the property features a bright and spacious open-plan kitchen, living and dining area, perfect for both everyday living and entertaining. The home benefits from two well-proportioned bedrooms, a contemporary bathroom, and an additional WC for added convenience. With ample storage, modern appliances, and two allocated parking spaces, this property is ideal for first-time buyers looking to step onto the property ladder in a well-connected village setting.
Key Features
- Two-bedroom home available via Shared Ownership
- Spacious open-plan kitchen/living/dining area
- Modern fitted kitchen with oven, hob, extractor and fridge/freezer
- Contemporary bathroom plus additional WC
- Approx. 730 sq ft of well-designed living space
- Two allocated parking spaces
- Built in 2017 with a modern finish throughout
- Gas central heating via combi boiler
- 117-year lease (granted in 2018)
Key Information
- Tenure: Shared Ownership
- Available Shares from: 40%
- Full Market Value: £355,000
- Share Value (initial purchase) from: £142,000
- Rent (on unsold equity): £576.07 per month
- Service Charge: £35.84 per month
- Lease Length: 117 years remaining
- Council Tax Band: C
- EPC Rating: B
Location
Situated on Isabel Drive in the desirable village of Elsenham, near Bishop's Stortford, this property enjoys a peaceful residential setting with convenient access to local amenities. The village offers shops, schools and everyday essentials, while nearby transport links, including Elsenham railway station, provide direct connections to London and Cambridge, making it ideal for commuters. The surrounding countryside offers plenty of opportunities for walking and outdoor activities, combining rural charm with excellent connectivity.
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.
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