Southfields, Conrad Road, Witham, CM8
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
3
- BATHROOMS
2
- SIZE
Ask agent
Key features
- Shared Ownership
- Off Street Parking
- Floor to ceiling windows - perfect for natural lighting!
- 3 Bedrooms
- 10 Year Warranty
Description
Available to purchase from £307,500 with a deposit from £15,375 which represents a 75% share of the full market value of £410,000.
The Pyrus is a 3-bedroom semi-detached home benefiting from an ideal layout, perfect for growing families. The long windows to the front of the property provide a light and airy feel to the lounge and master bedroom. Downstairs also features a kitchen/diner with WC and dedicated utility space.
The master bedroom at the front of the property has an en-suite and built-in wardrobe. There is then a family bathroom, second bedroom also with a wardrobe and a third bedroom ideal for an office space or nursery.
Southfields is an exciting development of one and two bedroom apartments complimenting a range of two, three, four and five bedroom stylish homes. Here at Southfields you can enjoy the unique combination of high quality contemporary homes, modern convenience and natural surroundings.
Kitchen/Dining - 17’ 6” x 12’ 5”
Living - 14’ 0” x 16’ 5”
WC - 4’ 1” x 6’ 1”
Bedroom 1 - 10’ 1” x 11’ 5”
Bedroom 2 - 9’ 7” x 12’ 10”
Bedroom 3 - 7’ 8” x 9’ 1”
Bathroom - 7’ 3” x 6’ 5”
Total Area – 1,027 sqft
What is Shared Ownership? Shared ownership could be your step on to the property ladder. This home ownership scheme allows you to purchase a share in your home and rent the remaining unowned share. Over time, in most cases you can buy more shares in your home until you own the full 100%, but restrictions may apply in some locations.
How does Shared Ownership Work? You buy an initial share of usually between 40% and 75% of the property's full value and pay a subsidised rent on the remaining share you don't own. You may purchase further shares up to 100% of the full property value, as your circumstances change, although there is no obligation to do so. You will be asked to speak with a Financial Advisor to assess what share you can buy, ensuring this is both affordable and sustainable, based on your circumstances. Shared ownership can be cheaper than renting a property privately as the mortgage cost and subsidised rent usually add up to less than the equivalent rental payments to a landlord.
Example:
. Property Purchase price £410,000
. You purchase a 75% share = £307,500 funded through a combination of your own deposit (£15,375) and mortgage (£292,125)
. You rent the remaining 25% share = £102,500 x 2.75% rent = rent of £234.90 per month
. 75% is the maximum share price which you can initially purchase.
. There is an option to purchase up to 100% of the property value at a later point should you wish to do so.
. You enjoy all the benefits of living in a brand new home with an open market value of £410,000
. You can stay in the property for as long as you wish and can sell the share you own at any time. You make the decisions.
. Please speak to one of our advisors to find out more about owning a share of this fabulous property.
Service charge also applies on this development, please contact our sales advisors for further details
** typical interior images and may not depict actual house type **
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Southfields, Conrad Road, Witham, CM8
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Visit our security centre to find out moreDisclaimer - Property reference AQC220235. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Abbotts, Chelmsford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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