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48 Shimbrooks

Shared ownership

Shimbrooks, Chelmsford, cm3 1sh

Sold
Shared ownership
Photo of 48 Shimbrooks
Live from space album cover
Sold out. Register interest for more information
70% Share from
£168,000
Full market price
£240,000
Monthly rent
£111
Monthly service charge
£32.27

2 bedroom detached house

Features

Allocated parking

Bedrooms2
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenurefreehold
EER Current76
EER Potential76
EIR Current77
EIR Potential77
Sold out. Register interest for more information
70% Share from
£168,000
Full market price
£240,000
Monthly rent
£111
Monthly service charge
£32.27
CHP

CHP

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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