2 Bedrooms Flat for sale in Burgess Springs, Chelmsford CM1 | £ 81,250
Overview
| Price: | £ 81,250 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | Essex |
| Town: | Chelmsford |
| Postcode: | CM1 |
| Address: | Burgess Springs, Chelmsford CM1 |
| Bathrooms: | 2 |
| Bedrooms: | 2 |
Property Description
The Shared Ownership scheme at City Park West gives buyers the opportunity to purchase between a 25% and 75% share of a property paying a subsidised rent on the remainder. With prices starting from £81,250 for a 25% share, and provided they can afford to, purchasers can increase their share at any time, all the way up to 100% and outright ownership. Even better, the minimum 5% mortgage deposit is based on the value of the share purchased and not the full market value, providing an ideal solution for first time buyers to purchase a home.
25% share price - from £81,250
Full market price - from £325,000
Monthly rent: £558.59
Monthly service charge: £164.17
A stylish new retreat in the heart of a historic city, the highly anticipated phase two of City Park West will deliver over 300 new homes, alongside new commercial and retail space. There are apartment layouts and sizes to suit all lifestyles with the first release of new homes located in Waterhouse Court on Victoria Road South.
Available to purchase with Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in the heart of Chelmsford.
Apartments at City Park West offer modern layouts with spacious open plan living areas, underfloor heating and triple glazing. Kitchens are in stylish cashmere gloss with contemporary chrome fittings and integrated Bosch appliances. Bathrooms come with contemporary grey tiling and Duravit fixtures. Many apartments have a private balcony. For your security, every apartment features a video entry system, and all apartments will benefit from a concierge service located in Norman Court.
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General
Property Location
Property Marketed by Notting Hill Genesis - City Park West
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