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- Isabel Drive, 71, Isabel Drive, Bishop's Stortford, CM22 6GU
Isabel Drive, 71, Isabel Drive, Bishop's Stortford, CM22 6GU
71, Isabel Drive, Isabel Drive, Bishop's Stortford, CM22 6GU
Shared Ownership House
Spacious Two-Bedroom Home with Two Parking Spaces | Shared Ownership Opportunity
Well-presented two-bedroom home available through the Shared Ownership scheme, offering modern and practical living across approximately 730 sq ft. Built in 2017, the property features a bright and spacious open-plan kitchen, living and dining area, perfect for both everyday living and entertaining. The home benefits from two well-proportioned bedrooms, a contemporary bathroom, and an additional WC for added convenience. With ample storage, modern appliances, and two allocated parking spaces, this property is ideal for first-time buyers looking to step onto the property ladder in a well-connected village setting.
Key Features
- Two-bedroom home available via Shared Ownership
- Spacious open-plan kitchen/living/dining area
- Modern fitted kitchen with oven, hob, extractor and fridge/freezer
- Contemporary bathroom plus additional WC
- Approx. 730 sq ft of well-designed living space
- Two allocated parking spaces
- Built in 2017 with a modern finish throughout
- Gas central heating via combi boiler
- 117-year lease (granted in 2018)
Key Information
- Tenure: Shared Ownership
- Available Shares from: 40%
- Full Market Value: £355,000
- Share Value (initial purchase) from: £142,000
- Rent (on unsold equity): £576.07 per month
- Service Charge: £35.84 per month
- Lease Length: 117 years remaining
- Council Tax Band: C
- EPC Rating: B
Location
Situated on Isabel Drive in the desirable village of Elsenham, near Bishop's Stortford, this property enjoys a peaceful residential setting with convenient access to local amenities. The village offers shops, schools and everyday essentials, while nearby transport links, including Elsenham railway station, provide direct connections to London and Cambridge, making it ideal for commuters. The surrounding countryside offers plenty of opportunities for walking and outdoor activities, combining rural charm with excellent connectivity.
Eligibility for Shared Ownership
In order to be eligible to purchase a Shared Ownership house or apartment, there are several general criteria you must meet:
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You must be at least 18 years’ old with a clean credit history
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Your annual household income must be less than £90,000 in London, or £80,000 outside of London
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You’re a first-time buyer, a previous homeowner that cannot afford to buy one now, or an existing shared homeowner
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You must not be in mortgage or rent arrears, demonstrate a good credit history and be in a position to afford the regular payments
Find out what you can afford
Unsure of how much you can afford to borrow towards the purchase of a home? Use our Affordability Calculator below to receive an assessment* of how much you’re likely to be able to borrow based on your income.