12 Howlett Place

Modern One-Bedroom Apartment in Cressing - Shared Ownership Opportunity

This well-presented second-floor apartment offers a fantastic opportunity for first-time buyers to step onto the property ladder through a 40% shared ownership scheme. Built in 2020, the home features a spacious, open-plan layout spanning approximately 590 sq ft. The heart of the home is a generous 20ft kitchen and living area flooded with natural light from the characterful bay window. The property is finished to a high standard throughout, offering a contemporary lifestyle in a quiet residential setting.

Key Features

• Shared Ownership: 40% share available for £68,000.
• Modern Construction: Purpose-built apartment block completed in 2020.
• Spacious Living: Open-plan kitchen/living room measuring 20' x 17'5" into the bay.
• Generous Bedroom: Large double bedroom (14'5" into bay) with built-in storage.
• Energy Efficient: Boasts an impressive EPC Rating of B.
• Allocated Parking: Includes one dedicated parking space plus two visitor spaces.
• Modern Amenities: Equipped with a gas boiler and gas hob.
• Second Floor Privacy: Situated on the top floor (second floor) of the building.
• Long Lease: Approximately 119 years remaining on the leasehold.

Key Information

Tenure: Shared Ownership
Available Shares from: 40%
Full Market Value: £170,000
Share Value (initial purchase) from: £68,000
Rent (on unsold equity): £297,31
Service Charge: £56,59 per month
Lease Length: 119 remaining.
Council Tax Band: A
EPC Rating: B