This property is no longer on the market
2 bedroom flat
Key information
Property description & features
- Tenure: Leasehold (82 years remaining)
- Shared Ownership Opportunity
- Modern Two Double Bedroom Apartment
- Close to Leisure Centre and Schooling
- Walking Distance of Braintree Town Centre
- Allocated Parking
- No Onward Chain
Interested parties can purchase a 40% share (£74,000) or alternatively purchase 100% at the full price of (£185,000) *Subject to terms and conditions.
Located to the West of Braintree town centre and within just a short walk of Tabor Academy and the 'Braintree Sport & Health Club' this well presented apartment is ideally suited to first time buyers. The location is within reach of two convenience stores with Braintree town centre and railway station, approximately a 0.5 mile and 1 mile walk respectively.
Leasehold Information
Number of years remaining on the lease: 82 years
Current ground rent and any review period:
- £511 per month
- 1 year
Current service charge and any review period:
- £42 per month
- 1 year
Shared Ownership Information:
- Shared ownership percentage: 40%
Council tax band: B
Rooms
*Further Information
The Property is available with a 40% share via Flagship Homes and they have advised us of the following information:
Lease Length Remaining: 83years*
Rent: £511.23 per month
Service Charge: £41.35 per month
An option to buy 100% is also available which would then lower the monthly charges stated above.
*Please also note that this property does have a local connection restriction meaning that you must live work or have a family connection to the Braintree district Council area.
* Lease can be extended upon ownership with the following approx. costs:
Lease extension survey- £200-£500
Flagship legal fees- £450 + VAT
£250 OR 10% of the premium of the RICS extension valuation whichever is the greater.
Places of interest
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Property reference Zderek0000791596. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Keller Williams Plus - Essex.
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Broadband availability and predicted speed: obtained from Ofcom on January 28, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 28, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on October 25, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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