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53 Grangewood Park Avenue

Shared ownership

Grangewood Park Avenue, Burnham-on-Crouch, CM0 8FF

For sale
Shared ownership
Photo of 53 Grangewood Park Avenue
Live from space album cover

from

£99,750

with min. deposit

£4,988

35% Share from
£99,750
Full market price
£285,000
Minimum deposit
£4,988
Monthly rent
£439
Monthly service charge
£49.05

2 bedroom semi-detached house

A 2 bed semi detached house with a shared driveway with space for two cars. The house has a hallway with under stairs storage extended by the current owners, a living/dining area, two double bedroom with one including built in storage, there's is a family bathroom as well as a WC downstairs. 

Some of the kitchen appliances have been upgraded including adding a dishwasher and new tap which will remaining.  

This is very close to a primary and secondary school and also to the local shops.  

Lounge/dining: 

Window and door to garden, carpet. 

Kitchen: 

Built in appliances, tiled splash back and floor. 

Bedrooms: 

Carpet, double bedroom size and window …

Features

Allocated parking

Back Garden

Front Garden

Central heating

Double Glazing

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area70
Number of floors2
Entrance floorGround floor
Tenureleasehold
Key Information Document

from

£99,750

with min. deposit

£4,988

35% Share from
£99,750
Full market price
£285,000
Minimum deposit
£4,988
Monthly rent
£439
Monthly service charge
£49.05
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

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy 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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