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- Lowefields, 85, Lowefields, Colchester, CO6 2LH
Lowefields, 85, Lowefields, Colchester, CO6 2LH
85, Lowefields, Lowefields, Colchester, CO6 2LH
Shared Ownership Detached house
Modern Two Bedroom Detached House with Large Garden & Driveway - Shared Ownership Resale
A beautifully presented two-bedroom detached house, built in 2022, offering modern, energy-efficient living in a desirable residential setting. Available through the Shared Ownership scheme, this is a rare opportunity to secure a detached home with generous outdoor space at an affordable entry point.
The property provides well-balanced accommodation, ideal for first-time buyers, small families or those looking to downsize without compromising on space. There are two great-sized bedrooms, with the principal bedroom benefiting from its own en-suite, in addition to the main bathroom. The kitchen comes equipped with white goods including a fridge/freezer and washing machine, while gas central heating via a gas boiler and an excellent EPC rating of B help to keep running costs efficient.
Externally, the home truly stands out with a large private garden, perfect for relaxing or entertaining, alongside a private driveway providing off-road parking for two cars. Offered unfurnished (white goods included), this modern home is ready for its new owners to move straight in and make it their own.
Key Features
- Two-bedroom detached house
- Shared Ownership - 35% share available
- Large private rear garden
- Driveway parking for two cars
- Kitchen with fridge/freezer & washing machine included
- Gas central heating (gas boiler)
- Excellent EPC Rating B
- Ideal first-time buyer or downsizer home
Key Information
- Tenure: Shared Ownership
- Available Shares from: 35%
- Full Market Value: £355,000
- Share Value (initial purchase) from: £124,250
- Rent (on unsold equity): £521.43 per month
- Service Charge: £31.89 per month
- Lease Length: 121 years remaining
- Council Tax Band: C
- EPC Rating: B
Location
Situated at Lowefields, Earls Colne, the property is set within a popular village community surrounded by attractive countryside. Earls Colne offers a range of local amenities including shops, cafés, a primary school and recreational facilities, creating a convenient yet village-style lifestyle. Larger towns such as Colchester and Braintree are within easy reach, providing wider shopping, leisure and rail links to London. The area also benefits from good road connections, making it well placed for commuting while enjoying a more rural setting.
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.
