Flagship Resales
Mill Road, Colchester
Shared ownership
Live from space album cover

A popular residential area convenient for local schools, shops, Highwoods Country Park, Colchester North Station and the A 12 / A 120. An early internal inspection is highly recommended.  ...

Register interest

from £116,000 with min. deposit £5,800
Overview

An Excellent two bedroom mid terrace house providing ideal accommodation for first time buyers. 

CALL 01603 255444 FOR FULL INFORMATION

The accommodation comprises:


Ground floor
• Entrance hall with carpet flooring. Coat hooks. Radiator. Phone sockets.
• Kitchen/Diner (3.75m x 3.38m) with a range of wall and base units with spaces for freestanding
appliances. Vinyl flooring. Extractor fan.
• Lounge (5.64m x 3.30m) with carpet flooring. Radiator. Phone socket.
• WC with white sanitaryware. Carpet flooring.


First floor
• Master bedroom (4.24m x 3.05m) with carpet flooring. TV socket. Radiator.
• Bedroom two (4.54m x 2.30m).
• Bathroom with white sanitaryware. Towel rail. Vinyl flooring.


External
• Rear garden. Shed. Allocated parking.
Energy Performance Certificate Rating
• C

This property is available through Shared Ownership in Essex, a great place to get onto the property ladder. 

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.
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.
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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