keaze logo

7 Hill Court

Shared ownership

Victoria Road, Chelmsford, CM1 1SP

For sale
Shared ownership
Photo of 7 Hill Court
Live from space album cover

from

£100,000

with min. deposit

£10,000

40% Share from
£100,000
Full market price
£250,000
Minimum deposit
£10,000
Monthly rent
£401
Monthly service charge
£90.21

1 bedroom flat

Second-floor apartment which comprises of a spacious hall, large storage cupboard, kitchen, lounge/diner, double bedroom, bathroom, and spacious balcony. Located in Chelmsford city center and within a short distance of Chelmsford's mainline railway station. The apartment is finished to a very high standard. 

Kitchen, Dining, Living Room; 

Contemporary white gloss kitchen with chrome handles 

Slate effect laminate worktop with matching laminate upstand 

Stainless steel 1½ bowl sink with chrome mixer tap 

Zanussi electric single oven, gas hob and stainless steel chimney hood  

Space and plumbing for dishwasher 

Bathroom; 

Contemporary white Roca …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area52
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years125

from

£100,000

with min. deposit

£10,000

40% Share from
£100,000
Full market price
£250,000
Minimum deposit
£10,000
Monthly rent
£401
Monthly service charge
£90.21
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.

Similar properties

Catkin House
Shared ownership

Catkin House

Catkin House, Romford

1

1

Minimum deposit

£12,500

50% Share from

£125,000

Full price

£250,000

Fantail Close
Shared ownership

Fantail Close

Fantail Close

2

1

Minimum deposit

£10,000

40% Share from

£100,000

Full price

£250,000

Footscray High Street (64090523)
Shared ownership

Footscray High Street (64090523)

Foots Cray High St, Sidcup

1

1

Minimum deposit

£7,500

30% Share from

£75,000

Full price

£250,000