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£105,000
2-bedroom, first-floor apartment available through Shared Ownership in sea-side Great Wakering!
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.
2-bedroom, first-floor apartment available through Shared Ownership in sea-side Great Wakering!
A well-presented two-bedroom apartment located in the sought-after village of Great Wakering, just a short distance from Southend-on-Sea. This home offers a bright and open-plan living area, perfect for both relaxing and entertaining, alongside a fitted kitchen designed for practicality featuring an integrated fridge/freezer and an integrated oven.
The property features two bedrooms and a family bathroom, making it ideal for first-time buyers, or small families. A private balcony provides an inviting outdoor space, while residents also benefit from access to a communal garden. The property also includes one allocated parking space, with visitor bays readily available for guests.
Available through shared ownership, this apartment presents an excellent opportunity to step onto the property ladder in a desirable coastal location.
Key Features:
- Two-bedroom, first-floor apartment
- Available through Shared Ownership
- Shares from 42%
- Private balcony
- Open plan kitchen/living area
- Allocated parking
- Kitchen fitted with an integrated fridge/freezer & oven
- Communal garden
- Tenure: Shared Ownership
- Available Shares from: 42%
- Full Market Value: £250,000
- Share Value (initial purchase) from: £105,000
- Rent (on unsold equity): £239.98
- Service Charge: £102.24 per month
- Lease Length: 110 years
- Council Tax Band: B
- EPC Rating: C
Location
Great Wakering is a charming and well-established village, located just east of Southend-on-Sea, known for its strong community feel, local shops, pubs, and everyday amenities. The surrounding area is full of coastal landscapes, with quick access to scenic walking routes and beaches, making it ideal for those who enjoy outdoor living. For commuters, the property is conveniently positioned within easy reach of several mainline railway stations. The closest is Shoeburyness railway station, approximately 1.5 miles away, providing direct services into London Fenchurch Street station, typically taking around 60 minutes. There are also regular local bus services connecting the village to Southend town centre and surrounding areas, making day-to-day travel straightforward.
Red Loft
