Flat for sale in Primrose Hill, Chelmsford CM1
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Communal Garden
- Central heating
- Double Glazing
- Pets allowed
- Underground parking
Property description
Shared ownership
Full Market Value - £285,000
You Pay (30%) - £85,500
Monthly Rent - £560.59
Service Charge - £231.62
Annual Ground Rent - £350
Council Tax Band - C
99 year lease commenced in June 2015 - 90 years remaining
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Primrose Hill is conveniently located to local schools, shops and transport links in and around Chelmsford and is only 0.4 miles away from Chelmsford mainline railway station. Chelmsford City centre is also within easy walking distance with it's shopping facilities, pubs and restaurants.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £46,087. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of April 2024.
Property info
For more information about this property, please contact
L&Q - Pre-Owned Shared Ownership Homes, E15 on +44 20 8022 5439 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by L&Q - Pre-Owned Shared Ownership Homes, and do not constitute property particulars. Please contact L&Q - Pre-Owned Shared Ownership Homes for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.