Ben Wilson Link

Shared Ownership

Full Market Value:  £230,000

Share Value (35%):  £80,500

Monthly Rent:         £310.25

Service Charge:      £189.31

Council Tax Band:    C

125 year lease commenced September 2019 - 120 years remaining

EWS1 - New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment* 

L&Q welcomes you to view this one bedroom, ground floor apartment.

This bright and spacious apartment consists of an open-plan kitchen and living area, flooded with natural light from wide floor length windows. The kitchen is fitted with off-white high gloss wall and base units, and a wood effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. A spacious main double bedroom benefits from a built-in mirrored wardrobe. A contemporary bathroom completes the accommodation. 

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Residing in Beaulieu Park provides proximity to everyday essentials such as shopping, dining, fitness, and leisure activities. Within the community, discover conveniences like Sainsbury's Local, dental and veterinary services, Costa Coffee, and Domino's. Additionally, the newly inaugurated school and community centre are within walking distance. By 2025, residents will enjoy the added convenience of the new Beaulieu Park Train Station, just a 10-15 minute stroll away, enhancing connectivity. Experience the ideal blend of convenience, luxury, and comfort at Beaulieu Oaks.

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 £34,609. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.

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 of September 2024.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.

This is an indication of how much these apartments might cost.

For more detailed information please register your interest in this property.

This apartment is situated on the Beaulieu Park development in close proximity to local amenities including shopping, restaurants and fitness facilities. 

Within the development are a Sainsbury's Local, a dental and veterinary surgery, Costa Coffee, and Domino's. The recently opened school and a community centre are also within walking distance. 

Chelmsford City Centre offers most of the high street retailers, independent stores, and ample entertainment opportunities. Chelmsford Railway station is also approximately 3 miles away and a speedy bus takes your there from Beaulieu Park in just 15 minutes.

Others

• Double Glazing

Parking

• Off street parking

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