* Leasehold
* Guideline Minimum Deposit £15, 750
* Guideline Income £31. 5k (dual) £36. 7k (single)
* Ground Floor with Private Entrance
* Approx. 468 Sqft Gross Internal Area
* High Performance Glazing
* Semi - Open - Plan Kitchen/Reception Room
* Communal Rear Garden
* Parking Space (+ Shared Visitor Parking)
Shared ownership (Advertised price represents 75% share. Full market value
£210, 000). This flat forms the ground floor of a semi - detached building and
fronts onto an area of lawn. Access is via a private entrance and internal
features include a dual - aspect reception room with semi - open - plan kitchen.
There is a good - sized bedroom and a spacious, modern bathroom. Well insulated
walls and floor, high performance glazing and gas central heating all
contribute towards a very good energy - efficiency rating. To one side of the
property is a communal garden and to the other, a parking area which includes
a space for this flat along with some shared visitor spaces. Alternatively,
Elsenham Railway Station, for services between Cambridge North and London
Liverpool Street, is within comfortable walking distance or brief cycle ride.
**Interested parties are required to complete the shared ownership common
application form
**
**[]**
(Please note the minimum income and deposit requirements for eligibility. You
do not need to request a viewing separately once you have completed the
application form. )
_Housing Association: _ Clarion.
_Tenure: _ Leasehold (125 years from 2017).
_Share Available: _ 75% (£157, 500).
_Shared Ownership Rent: _ £135. 26 per month (subject to annual review).
_Service Charge: _ £28. 32 per month (subject to annual review).
_Ground Rent: _ £100. 00 for the year.
_Guideline Minimum Income: _ Dual - £31, 500 Single - £36, 700 (based on minimum
share and 10% deposit).
_Council Tax: _ Band B, Uttlesford District Council. Priority is given to
applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing
association does not warrant to carry out any remedial or redecoration work of
a cosmetic nature unless specifically advised in writing. As a general rule,
fitted domestic appliances are included in the sale; non - fitted appliances are
not. If you require confirmation, you must request this in writing from Urban
Moves. The information in this document supersedes any information given
verbally either in person or by telephone.
_What is shared ownership ?_
Shared Ownership is a housing scheme designed to help homebuyers who are
unable to afford the cost of buying a property outright on the open market.
Properties may be sold off - plan or new build direct from housing associations,
or pre - owned from existing shared owners. The rules and terms of the scheme
are set by the Greater London Authority (gla) in London and Homes England
outside of London.
_Is shared ownership for you ?_
The gla and Homes England set the eligibility criteria for Shared Ownership,
but broadly speaking you must:
1\. Not own another property in the UK or any other country.
2\. Have a household income that falls below £90, 000 (£80, 000 threshold
outside the M25). Every property will have a minimum income level too,
determined by its’ value, rent and service charge costs. In most cases you
will need to meet or exceed the given minimum income.
3\. Have access to a minimum deposit of 10% of the share being purchased (a
minimum deposit of 5% of the share being purchased may be acceptable depending
on individual financial status).
4\. Be in full time permanent employment.
5\. Be a British, EU or eea Citizen or have indefinite leave to remain in the
UK.
6\. Have a good credit history.
Ground Floor
Entrance Hall
Reception Room
12' 6" x 11' 4" (3. 81m x 3. 45m)
Kitchen
9' 6" x 6' 3" (2. 90m x 1. 91m)
Bathroom
Bedroom
14' 0" max. X 9' 8" max. (4. 27m x 2. 95m)

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