2 bed semi-detached house for sale

Brooklands Road, Rochford, Essex SS4

Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this two bedroom semi-detached Shared Ownership resale home at Brooklands Road, Rochford, Essex, SS4 1WN. The price shown represents purchasing a 45% share of the property.

Property Overview

Offering approximately 824 sq ft of accommodation arranged across two floors, this well-proportioned two bedroom semi-detached home provides a practical layout ideal for first-time buyers, couples or those looking for additional space.

The ground floor features a welcoming entrance hall leading to a separate kitchen, providing plenty of worktop and storage space. To the rear, the spacious lounge extends to approximately 15 ft and benefits from French doors opening directly outside, creating a bright and comfortable space for relaxing and entertaining. A convenient downstairs Wc completes the ground floor.

Upstairs are two well-proportioned bedrooms, including a generous principal bedroom extending to approximately 15 ft. The second bedroom provides flexible space for guests, children or home working, while a modern family bathroom completes the first floor.

The home offers a practical balance of living and bedroom space, making it an excellent opportunity to purchase an established home through Shared Ownership.

Financial Breakdown

• Full Market Value: £385,000
• 45% Share Value: £173,250
• Rent on unowned share: £565.18 per month
• Service Charge: £0.00 per month
• Estate Charge: £45.67 per month
• Buildings Insurance: £19.81 per month
• Management Fee: £46.19 per month
• Reserve Fund: £0.00 per month
• Total Monthly Payment (excluding rent): £111.67 per month
• Total Monthly Rent & Charges: £676.85 per month
• Lease Length: Approximately 119 years remaining
• Rent Review: Reviewed annually (Rpi + 0.5%)

Local Area

Brooklands Road is situated in Rochford, a popular Essex market town offering a good range of local shops, cafés, schools and everyday amenities.

Rochford railway station provides convenient connections towards London Liverpool Street, making the area well suited to commuters. The property is also well positioned for access to nearby Southend-on-Sea and the wider Essex road network, while the surrounding area offers plenty of countryside and green open space.

What is Shared Ownership?

Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property's value, while paying rent on the remaining share.

Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%. For this property, the maximum share available is 100%, at which point the freehold will be transferred to you.

Deposits and mortgage payments are based on the share purchased, meaning costs can often be lower than purchasing a comparable property outright.

Legal & General Affordable Homes is a Registered Provider delivering Shared Ownership homes and committed to creating well designed communities and supporting buyers throughout their home buying journey.

Eligibility Criteria

To be eligible for Shared Ownership, you will need to:

Have a combined household income of £80,000 or less.

Be unable to afford the deposit and mortgage payments required to purchase a suitable home outright.

You must also be a first-time buyer, a previous homeowner who can no longer afford to buy, forming a new household, an existing shared owner looking to move, or a homeowner who cannot afford to purchase a new home that meets your needs. If you currently own a home, its sale must complete on or before completion of your Shared Ownership purchase.

This resale opportunity offers a chance to buy an established home through the Shared Ownership scheme, providing a more affordable and flexible way to get onto the property ladder.

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years' experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Shared Ownership Disclaimer

Shared Ownership is subject to eligibility, affordability checks and the terms of the lease. Rent is payable on the share not owned, along with any applicable service charges and other outgoings. Staircasing is subject to a valuation at the time of purchase and additional legal and valuation costs may apply. Priority may be given to applicants with a local connection. All information provided is for guidance only and does not form part of any contract.