2 Bedrooms Flat for sale in Armistice Avenue, Chelmsford CM1 | £ 150,000

Overview

Price: £ 150,000
Contract type: For Sale
Type: Flat
County: Essex
Town: Chelmsford
Postcode: CM1
Address: Armistice Avenue, Chelmsford CM1
Bathrooms: 1
Bedrooms: 2

Property Description

Full Market Value
£300,000

Share Value(50%)
£150,000

Monthly Rent
£122

Service Charge
£178

Minimum Income
£33,750

Minimum savings
£15,000



Shared ownership

Within 200 meters of the property is a Sainsburys Local, Costa, Dominos, Fish & Chip shop, a veterinary practice and children's nursery.

The buyer will require a deposit to obtain a mortgage for this property.

This home is available to anyone that is affordable, minimum household income required £33,750 with a 10% deposit - you must be able to raise a mortgage. If you are affordable to buy more shares and have the deposit required by a mortgage lender to do this, you may only be able to proceed with the purchase subject to doing this.

Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website and register to obtain your unique reference number LQSO012345.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

Full market value – £300,000

You pay (50%) - £150,000

Monthly rent – £121.80

Service charge - £177.76

Ground rent payable - £100.00

125 year lease commenced in 04/09/2017 (124 years remaining)

Local Information

If you like a spot of shopping, there is the High Chelmer Shopping Centre at Chelmsford within 4.4 miles, with a selection of retail outlets.

For your weekly food shop, the closest supermarket is Sainsburys, 1.1 mile, 4 minutes by car, 12 minutes by bus every 60 minutes or you can walk in 20 minutes. (travel and walking times are approximate) and Morrisons within 4.00 miles.

Roxwell Village is within 1.5 miles.

For those who like to keep fit, the DovedaleSports in Chelmsford is within 5.00 miles.

Transport

Chelmsford Railway Station is within 2.2 miles.

Local bus routes include the 49 & 56.

Nearby road links include the A12, A414, M11 and the M25.

Stanstead Airport is within 16.5 miles and approximately 25 minutes from the property.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct. *Information on shopping, going out, leisure and transport obtained from Google and . Details as at December 2018.


Property Location

Property Marketed by L and Q Group



Phone:
Address: Cray House 3 Maidstone Road Footscray, Sidcup

Inquire about this property

By sending, you agree to Mylisting365's Terms of Use & Privacy Policy.

Similar Properties

Flat For Sale Chelmsford
Flat For Sale CM1
Chelmsford new homes for sale
CM1 new homes for sale
Flats for sale Chelmsford
Flats To Rent Chelmsford
Flats for sale CM1
Flats to Rent CM1
Chelmsford estate agents
CM1 estate agents