£92,000
1 bed maisonette for saleLimebrook Park, Maldon CM9
1 bed
1 bath
1 reception
Added on
About this property
Shared Ownership
Viewing Advised
Available via Shared Ownership, subject to eligibility and affordability criteria
Predicted Energy Assessment Rating A
First floor maisonette
Spacious open plan living
One double bedroom & family bathroom
990 year lease
One allocated parking space
Summary
shared ownership - This brand-new one-bedroom maisonette features an open-plan kitchen/living/dining area, well-proportioned double bedroom and modern bathroom. Ideal for first-time buyers looking to take their first step onto the property ladder.
Description
Introducing a superb collection of contemporary Shared Ownership homes at the sought-after Limebrook Park development in Maldon.
Each home has been thoughtfully designed to combine modern interiors with practical everyday living, with the added benefit of a private garden and allocated parking. These valuable outside and parking provisions complement the well-planned accommodation and make the homes ideally suited to modern living.
Limebrook Park is ideally positioned to enjoy everything Maldon has to offer, from its picturesque waterfront and historic charm to independent shops, cafés, restaurants and a range of leisure facilities and green open spaces.
The development is also well connected for commuters, with easy access to the A414 and A12, while nearby Witham and Hatfield Peverel railway stations provide regular services into London Liverpool Street. Local bus routes also provide convenient connections into Maldon town centre and the surrounding areas.
Shared Ownership provides an affordable way to purchase a new home in one of Essex's most desirable locations. Contact us today to find out more about availability and eligibility
Financial Breakdown:
Full market value: £230,000
40% share value: £92,000
5% deposit: £4,600
Rent charged on unowned share: 2.75%
Rent on unowned share (60%): £316.25 per month
Other charges apply
Service Charge, Estate and Management charge is estimated at £108.82 per month
Buildings insurance is estimated at £25 per month
What Is Shared Ownership?
What is shared ownership? If you can't afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 10% and 75%) and pay rent on the remaining share.
Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright at 100%. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the property ladder. Enquire further today, to see if you are eligible.
Accommodation
Kitchen/living/dining room - 5.90m x 3.92m (19'4" x 12'10") max
Bedroom - 5.90m x 3.31m (19'4" x 10'10) max
Bathroom
Specification
Available upon request.
Key Information Documents
Please find the kid documents uploaded via the Brochure link below. Further copies can be provided via agents.
Rent & Charges
Under the terms of the Shared Ownership scheme you will be offered the maximum % share you can afford. Shares are available from a minimum of 10%, with shares above this available in 1% increments.
Other monthly charges include buildings insurance, estate charge and management fee.
Predicted Energy Assessment
Pea - A
Disclaimer
The property is sold off-plan. Images, computer-generated visuals and virtually dressed images are for illustrative purposes only and may include finishes, fittings, layouts or appliances that are not included in the sale. No specification is fixed or agreed at exchange of contracts and the design and specification may change at any time up to build completion. All details are indicative and purchasers must rely on the contract terms agreed at exchange.
A minimum 10% equity is available to purchase for this home.
CGI's, images, dimensions, specifications and plans are provided for guidance purposes only, may be of previous developments and not specific to this plot and may differ from the finished development.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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More information
Tenure
Leasehold (990 years)
Service charge
£1,306 per year
Council tax band
Ask Agent
Ground rent
£0
Ground rent date of next review
Shared ownership percentage owned
40%
Shared ownership rent
£316 per month
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