Name: Storm Creative
Price range: $

3-bedroom, semi-detached house available through Shared Ownership in Chelmsford!

This well-presented, 3-bedroom home is finished to a high standard, available with a private landscaped garden, loft, first-floor bathroom, a ground-floor cloakroom and additional W/C, a modern kitchen, spacious lounge/dining room, driveway parking, and UPVC double glazing.

Key Features

Three spacious bedrooms
Upstairs bathroom, and downstairs W/C
Wardrobe to master bedroom
Energy efficient home - EPC Rating: B
119-year lease
Excellent transport links from the new Beaulieu Park Station
Contemporary fitted kitchen with integrated oven included
Fitted carpets in all bedrooms for added comfort
Beautiful private garden
Driveway parking

Key Information

Tenure: Shared Ownership
Available Shares from: 40%
Full Market Value: £415,000
Share Value (initial purchase) from: £166,000

Rent (on unsold equity): £736.84 per month
Service Charge: £19.72 per month
Lease Length: 119 years

Council Tax Band: D
EPC Rating: B

Please note that higher shares may be available to purchase. The final share amount will be discussed and agreed upon during your financial assessment.

Development & Location

Located in Boreham, Chelmsford, this area offers rural bliss, with excellent train connections into London Liverpool Street from Hatfield Peverel Station in under an hour. By car, this property offers immediate access to the A12, connecting residents quickly to the likes of East Anglia, and beyond. The area is also services by a wide variety of shops, restaurants and schools, as well as beautiful walking and cycling routes around the Essex countryside.

Eligibility

Shared Ownership is designed to help first-time buyers and those who do not currently own a home get onto the property ladder.
To be eligible, you must:

Have a household income of under £80,000
Be unable to purchase a suitable home on the open market
Have a good credit history and be able to obtain a mortgage

Shared Ownership is a government-backed scheme that helps people get on the property ladder. You start by buying just a share of your home. You'll typically only need a 5% deposit of the share you purchase, making it more affordable to get started. Buying a smaller share also means it can be easier to secure a mortgage and take your first step onto the property ladder.

You can buy more shares of your home at any time in the future, working towards owning your home outright.