2 bed terraced house for sale

Narley Field Road, Manuden, Bishop's Stortford, Essex CM23

Plot 13 is an attractive two-bedroom mid-terrace home forming part of a small development of newly built properties in the village of Manuden, available to purchase through shared ownership.

Extending to approximately 850 sq ft, the property offers well-planned accommodation with a traditional layout that provides a welcome separation between the principal living spaces.

The ground floor comprises a separate living room overlooking the garden, together with a kitchen/dining room featuring French doors opening directly onto the rear garden. This arrangement creates a practical and inviting space for everyday living, with the added benefit of direct access to the outside. A useful ground-floor cloakroom completes the accommodation.

On the first floor are two double bedrooms and a family bathroom, making the property particularly appealing to those seeking a first home or additional space for guests or home working.

Outside, the property enjoys a rear garden and parking for two cars.

Available with an initial 40% share at £158,000 and a monthly specified rent of £543.13, Plot 13 presents an opportunity to purchase a newly built home in an attractive village location.
Shared ownership information

The property is available through a shared ownership scheme operated by English Rural Housing Association.

The advertised price represents a 40% share of the property, with a monthly specified rent payable on the remaining equity.

Purchasers may be able to acquire a higher initial share, subject to affordability assessments undertaken by English Rural Housing Association.

The property will be sold with a 990-year lease. Staircasing is permitted up to a maximum ownership of 80%, with English Rural Housing Association retaining the freehold.

Applicants must meet the relevant shared ownership requirements and complete an application form. Applications will be assessed by English Rural Housing Association, followed by an affordability assessment to determine the share available to purchase.

The homes are being allocated on a first come, first served basis, subject to the relevant affordability requirements.

The monthly service charge for all properties will be set at £21.35, there will also be a monthly buildings insurance charge set at £20.25 for 2 bedroom properties and £24.50 for 3 bedroom properties.

Manuden is a very popular and attractive Northwest Essex village with local facilities including a school, inn and garage and is situated approximately 3 miles northwest of Bishop’s Stortford where extensive amenities are available. The mainline station at Bishop’s Stortford provides a regular train service to London's Liverpool Street, and access to the M11 is approximately four miles from the village.