End terrace house for sale in Lily Walk, Elsenham, Bishops Stortford CM22

**shared ownership property, price advertised is for A 25% share - part buy - part rent**

A stunning, three bedroom brand new home, complete with; kitchen diner, good size lounge, ground floor WC, family bathroom, garden and private parking.

Elsenham is a picturesque town close to Bishops Stortford, with local amenities available in both. With multiple supermarkets, independent shops and schools there are services available for all of your needs. Commuters will also benefit from a local train station and good access to the M11.

You must have a local connection to Uttlesford District Council either through residency, work or family.

Nb: The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller up-front payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you'd expect to pay if you bought a similar property outright.

Full Market Value: £445,000
50% Share £111,250- Rent £764.84 pcm
min 5% Deposit - £5562.50
Service Charge approx. £43.33 pcm

Hallway

Lounge (4m x 4m)

Kitchen Diner (5m x 4.55m)

Ground Floor WC

Landing

Bedroom One (4.17m x 2.82m)

Bedroom Two (4.37m x 2.4m)

Bedroom Three (3.25m x 2.6m)

Bathroom

Section 106

There is also a local connection requirement to Uttlesford District Council. They must either have been born there, currently live there, used to live there but was forced to move away because of lack of affordable housing, employed in socially beneficial employment or is a key worker or has a parent or children who live there.