1 Bedrooms Flat for sale in Townsend, Springfield, Chelmsford CM2 | £ 127,500
Overview
| Price: | £ 127,500 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | Essex |
| Town: | Chelmsford |
| Postcode: | CM2 |
| Address: | Townsend, Springfield, Chelmsford CM2 |
| Bathrooms: | 1 |
| Bedrooms: | 1 |
Property Description
Full Market Value
£170,000
Share Value(75%)
£127,500
Monthly Rent
£0
Service Charge
£159
Minimum Income
£28,688
Fixed equity shared ownership
Full Market Value
£170,000
Ownership capped at 75%
£127,500
Monthly Rent
£0
Monthly Service Charge
£159.37
Ground Rent
£52.00 per year
125 year lease commenced in September 2002
Situated in Chancellor Park which was opened in 1998 on land separating the older Chelmer Village development.
Chelmer Village itself enjoys its own range of local conveniences including including primary schooling, public open spaces and is on a bus route to the town centre. It is also within a mile of the Chelmer Village Square with 24hour asda superstore.
Chancellor Park benefits from easy access to the A12 and all major routes.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £29,000 with 5% deposit. If you are offered the property, your ability to afford this property will be assessed at your financial interview.
Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. Please ensure to keep a record of your unique registration number. Please follow this link to register with us
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.
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 as at May 2019.
Property Location
Property Marketed by L and Q Group
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