Mereworth Road
£160,000 for a 40% share
Property description
End terrace three bedroom home Our winter offer: A £1000 Ikea voucher on completion*
Property address
Mereworth Road, South Woodham Ferrers, CM3 7BG
Shared Ownership
SHARED OWNERSHIP
Full market value - £400,000
You pay (40%) - £160,000
Monthly rent - £333.77
Monthly service charge - £41
Annual ground rent - N/A
Council Tax Band: c
125 year lease commenced April 2001 - 101 years remaining
Enter this beautifully presented family home via a light hallway. To the front is a contemporary kitchen, including built in oven hob and fridge/freezer, with a breakfast bar. To the rear and L-shaped dual aspect reception room opens onto a good sized secluded garden, laid mainly to lawn but with a decked area for dining. Upstairs find two double and one single bedrooms, the master having a mirrored wardrobe. A lovely fully tiled shower room completes the accommodation, together with a ground floor cloakroom.
South Woodham Ferrers is a town in the City of Chelmsford, approximately 35 miles east of London and 8 miles south-east of Chelmsford. It offers beautiful walks, with green spaces and parks including the Stow Maries Halt nature reserve. In addition to walking and cycling routes, it has great transport links to London and a strong community feel.
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 £44,932 If you are offered the property, 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 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 at January 2025.
*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, 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 or L&Q 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 resales shared ownership property.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
Minimum Full Market Value | £400,000 |
---|---|
Minimum Share Percentage | 40% |
Minimum Share Value | £160,000 |
Monthly Service Charge | £41 |
Minimum Deposit | £16,000 |
South Woodham Ferrers is a town in the City of Chelmsford, approximately 35 miles east of London and 8 miles south-east of Chelmsford. It offers beautiful walks, with green spaces and parks including the Stow Maries Halt nature reserve. In addition to walking and cycling routes, it has great transport links to London and a strong community feel.
Parking
- Allocated parking
- Single garage
Outside space
- Back Garden
Others
- Central heating
- Double Glazing
- Pets allowed