£67,500
(£128/sq. ft)
1 bed flat for saleWhitefield Way, Kelvedon Hatch CM15
1 bed
1 bath
1 reception
528 sq. ft
EPC Rating: B
- Shared ownership
- Chain free
- Leasehold
Keith Ashton
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About this property
1 bed first floor apartment
25% shared ownership
Secure video entry system
100% share available at £270,000 (subject to approval)
Idea first time buyer property
Village location
Allocated & visitor parking
Communal garden
Tucked away in a quiet turning off Ongar Road, Kelvedon Hatch is this well-maintained 1st floor apartment which comes to the market, available to purchase on a 25% shared ownership scheme. An ideal purchase for a first-time buyer, the shared ownership scheme is a great way to take your first step onto the property ladder and subject to approval there may also be the opportunity to purchase the 100% share.
The apartment consists of one double bedroom which has ample space for fitted or freestanding bedroom furniture. A spacious kitchen/diner/lounge which has modern units fitted to the kitchen space, with integrated appliances to include a double oven, hob with extractor above, fridge/freezer, washing machine and dishwasher. Externally the property benefits from allocated parking, plus visitor parking and residents have the use of the communal gardens to the rear. For sale with no onward chain.
** Please note : Applicants offering on the property will need to meet conditions and be approved by the housing association to proceed with any purchase.
Secure video entry intercom into :
Communal Hallway
Own front door.
Entrance Hall
Built-in storage cupboards. Doors to all rooms.
Kitchen / Diner / Lounge (5.33m x 5.13m (17'6 x 16'10))
Window to rear aspect.
Bedroom (4.06m x 2.97m (13'4 x 9'9))
Exterior - Communal Gardens
Exterior - Parking
1 Allocated parking space and further visitor parking.
Agents Note - Shared Ownership Conditions
You’ll need to meet the following criteria to be eligible for shared ownership:
* You must be aged 18 or over
* Your annual household income must be less than £80,000 (£90,000 in London);
* You don’t already own a property, or part of a property, at the time of completing your purchase.
* You’ll need to have a good credit history and have some savings (minimum of £5,000) to cover the costs involved in buying a home. You must also be able to keep up with the monthly rent and mortgage repayments.
For this property there is a monthly rent payable of £590.73 for the remaining 75% share of the property which is payable to the housing association.
Property is available to purchase at 100% ownership - £270,000 (subject to approval)
125 Year lease from 2016
Agents Note - Fee Disclosure
As part of the service we offer we may recommend ancillary services to you which we believe may help you with your property transaction. We wish to make you aware, that should you decide to use these services we will receive a referral fee. For full and detailed information please visit 'terms and conditions' on our website
More information
Tenure
Leasehold (116 years)
Service charge
Council tax band
B
Ground rent
£161
Ground rent date of next review
Shared ownership percentage owned
25%
Shared ownership rent
£591 per month