- Tenure: Share of Leasehold
Full description:SHARED OWNERSHIP.
- Guideline Minimum Deposit £6,250
- Guideline Income Dual £22.7k, Single £28.4k
- First Floor with Juliette Balcony
- Approx. 670 Sqft Gross Internal Area
- Separate Reception and Kitchen
- Two Double Bedrooms
- Communal Heating and Hot Water
- Short Walk from Chelmsford Station
(Advertised price represents the minimum 25% share. Maximum share available 75%. Full market value £250,000. APPLICANTS WILL BE REQUIRED TO PURCHASE THE MAXIMUM SHARE THAT IS AFFORDABLE). This first-floor apartment has a spacious reception room with south-west-facing Juliette balcony. There is a separate kitchen and two double bedrooms. Energy-efficiency and environmental-impact ratings are excellent thanks to well insulated walls, modern double glazing and a communal heating and hot water system. Chelmsford Station, for services to a number of destinations including trains into London Liverpool Street, is only a short walk away.Tenure:
New 125 year leaseShare Available:
25% - 75%Shared Ownership Rent:
£121.91* per monthGround Rent:
£100 per yearGuideline Minimum Household Income:
Chelmsford***Council Tax Band:
C (£1480.32 for 2018-19)
The property is offered for sale on a sold-as-seen basis. London & Quadrant Housing Trust (L&Q) do not offer any warranties on the domestic appliances in the property or undertake to carry out any remedial work or redecoration work of a cosmetic nature. Pets not permitted (except assistance animals). There is no parking space offered with this property.
* The rent and service charge are subject to annual review.
** Assumes dual incomes and a 10% deposit of 25% share. Equivalent single-income figure would be £28,350.
*** Priority will be given to applicants that currently live and/or work in the area governed by Chelmsford City Council.
16' 4" max. x 12' 2" (4.98m x 3.71m)
11' max. x 10' 11" into bay (3.35m x 3.33m)
13' 3" x 9' 5" (4.04m x 2.87m)
12' 2" max. x 10' max. (3.71m x 3.05m)
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