Robert McCarthy Place
£56,250 for a 25% share
Property description
One bedroom apartment at popular Springfield Our Spring Offer: A £1,000 Amazon voucher on completion!*
Property address
Robert McCarthy Place, Springfield, CM1 6DR
Shared Ownership
SHARED OWNERSHIP
Full Market Value: £ 225,000
Share Value (25%): £ 56,250
Monthly Rent: £444.90
Service Charge: £ 138.09
Ground Rent : £100 per annum
Council Tax Band: C
125 year lease commenced March 2021 - 121 years remaining
EWS1 Certification is available for this block - A2 rating
For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*
Enter this apartment via a wide hallway with a large storage cupboard. A contemporary family bathroom is to your left and a spacious double bedroom, complete with fitted wardrobe is to your right. The generous main reception room is dual aspect bringing plenty of light into the apartment.
This block located within close proximity to an array of amenities and a short distance to Chelmsford City centre. Chelmsford City offers a wide range of amenities including a wealth of restaurants and bars. The City is very popular for the commuter with its mainline train station providing a frequent service to London Liverpool Street (approximate journey time 35 minutes). The apartment is also close to the park and ride which provides direct access into Chelmsford City centre.
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 £56,250. 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 of August 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.
Minimum Full Market Value | £225,000 |
---|---|
Minimum Share Percentage | 25% |
Minimum Share Value | £56,250 |
Monthly Service Charge | £138 |
Minimum Deposit | £5,625 |
This block located within close proximity to an array of amenities and a short distance to Chelmsford City centre. Chelmsford City offers a wide range of amenities including a wealth of restaurants and bars. The City is very popular for the commuter with its mainline train station providing a frequent service to London Liverpool Street (approximate journey time 35 minutes). The apartment is also close to the park and ride which provides direct access into Chelmsford City centre.
Parking
- Allocated parking
Others
- Central heating
- Double Glazing
- Pets allowed
Outside space
- Communal Garden