TENURE: To be advised
Brand new 2 bedroom SHARED OWNERSHIP mid terrace house available to purchase from a 40% share at 126,600 with a deposit of 6,330. Maximum amount available to purchase initially is 75%. Full market value 316,500. Call today to arrange your viewing of this stunning home
The Ketch is a stunning two-bedroom mid terrace home ideal for first-time buyers, professionals or a young family. Downstairs is made up of an open plan lounge kitchen/diner, enclosed rear lobby and WC while upstairs features two large double bedrooms with storage and an upstairs landing leading to a family bathroom.
Internally this property benefits from fitted carpet flooring throughout, integrated stainless steel multi-function oven & hob, integrated fridge freezer, luxury vinyl tile flooring to the kitchen, full height tiling around bath plus over sink tiling, Spacia luxury vinyl tile flooring to the bathroom.
Externally this property features turf to the front garden and 2 parking spaces.
Kitchen - 2.6m x 3.9m | 8' 6" x 12' 7"
Living/dining room - 3.1m x 4.6m | 10' 2" x 15' 2"
WC - 1.6m x 1.7m | 5' 1" x 5' 6"
Bedroom 1 - 4.3m x 3.5m | 13' 9" x 11' 4"
Bedroom 2 - 4.3m x 2.3m | 13' 9" x 7' 6"
Bathroom - 2.2m x 2.2m | 7' 2" x 7' 2"
All dimensions are approximate
High Elms Park is an exciting new development with homes available from Sanctuary Homes for Shared Ownership.
This development is just 10 miles from Southend-on-Sea and 20 minutes from Chelmsford.
The nearby towns of Hockley and Rayleigh feature mainline stations giving ideal access for anyone requiring direct train links to London.
What is Shared Ownership? Shared ownership could be your step on to the property ladder. This home ownership scheme allows you to purchase a share in your home and rent the remaining unowned share. Over time you can buy more shares in your home until you own the full 100%.
How does Shared Ownership Work? You buy an initial share of between 40% and 75% of the property's full value and pay a subsidised rent on the remaining share you don't own. You may purchase further shares up to 100% of the full property value, as your circumstances change, although there is no obligation to do so. You will be asked to speak with a Financial Advisor to assess what share you can buy, ensuring this is both affordable and sustainable, based on your circumstances.
Shared ownership can be cheaper than renting a property privately as the mortgage cost and subsidised rent usually add up to less than the equivalent rental payments to a landlord.
. There is an option to purchase up to 100% of the property value at a later point should you wish to do so.
. You can stay in the property for as long as you wish and can sell the share you own at any time. You make the decisions.