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81 Shimbrooks

Shared ownership

81 Shimbrooks, Great Leighs, Chelmsford, CM3 1SG

For sale
Shared ownership
Photo of 81 Shimbrooks
Live from space album cover

from

£107,500

with min. deposit

£5,375

50% Share from
£107,500
Full market price
£215,000
Minimum deposit
£5,375
Monthly rent
£158
Monthly service charge
£95.73

2 bedroom flat

Key features 

  • Ground floor flat
  • Two double bedrooms
  • Allocated parking
  • Additional on road parking to front of property 
  • UPVC double glazing and gas central heating 
  • Good transport links 
  • Close to school 
  • Disabled access to rear of property
  • Communal garden
  • Communal bike shed

 

Full description 

Summary 

A ground floor flat built in 2006, which comprises of a hall with double storage cupboard. Two double bedrooms one with built-in walk-in wardrobe. Open plan kitchen, lounge, diner. The property further benefits from UPVC double glazing and gas central heating, with a new combi boiler fitted in 2019. The property is situated in the lovely village of Great …

Features

Allocated parking

Bedrooms2
Bathrooms1
Reception rooms1
Number of floors1
Entrance floorGround floor
Tenureleasehold
Lease years99
EER Current81
EER Potential81

from

£107,500

with min. deposit

£5,375

50% Share from
£107,500
Full market price
£215,000
Minimum deposit
£5,375
Monthly rent
£158
Monthly service charge
£95.73
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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