£120,000
A Fantastic Opportunity to Purchase a One Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis
Access to this flat is via a private entrance with stairs leading up to the first (top) floor. The landing provides access to a dual-aspect reception room with a semi-open-plan kitchen that gets good natural light thanks to the south-east-facing window. The spacious bedroom also features windows on two sides and includes a fitted wardrobe. There is a simple, modern bathroom and the well insulated walls and roof, high performance glazing and gas central heating all contribute towards a very good energy-efficiency rating. To the rear of the property is a communal garden and directly in front, a parking space allocated to this flat. Alternatively, Elsenham Railway Station, for services between Cambridge and London Liverpool Street, is within comfortable walking distance or a brief bus or bike ride.
SHARED OWNERSHIP (Advertised price represents 60% share. Full market value £200,000).
INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/3bwdue9k]
(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 01/01/2017).
Minimum Share: 60% (£120,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £257.32 per month (subject to annual review).
Service Charge: £36.64 per month (subject to annual review).
Ground Rent: £100.00 for the year.
Guideline Minimum Income: Dual - £27,700 | Single - £31,900 (based on minimum share and 10% deposit).
Council Tax: Band B, Uttlesford District Council 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. Pets may be permitted but only with prior consent from Clarion (which, unfortunately, can only be obtained once you are the property owner).