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151 Sage Homes at Chesterwell

Shared ownership

Flat 4, Colchester, CO4 6EW

For salenew home
Shared ownership
Plot  gallery image
Live from space album cover

from

£96,250

with min. deposit

£4,813

50% Share from
£96,250
Full market price
£192,500
Minimum deposit
£4,813
Monthly rent
£221
Monthly service charge
£85

1 bedroom flat

Brand new 1 bedroom apartment in the Chesterwell development. The price advertised represents purchasing a 50% share of the home.

About the Home

This brand new apartment has accommodation that features a spacious, open plan lounge/kitchen/diner, a double bedroom, bathroom and right to park.

About the Area

From your new home at Chesterwell you can reach Colchester train station in around 10-15 minutes by bus or by cycle. The station offers a total of 554 cycle storage spaces, including a secure cycle compound that requires a key fob access to 134 secure spaces. Colchester train station is served by Greater Anglia train services. It is on the …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

£96,250

with min. deposit

£4,813

50% Share from
£96,250
Full market price
£192,500
Minimum deposit
£4,813
Monthly rent
£221
Monthly service charge
£85
Sage Housing

Sage Housing

Brochures

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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