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

Plot 12 is a well-designed three-bedroom end-terrace home situated within an attractive new development in the Essex village of Manuden, offering approximately 1,023 sq ft of accommodation through a shared ownership scheme.

The property benefits from a practical and well-balanced layout, with the ground floor providing a separate living room to the front of the house and a spacious kitchen/dining room to the rear. French doors open directly onto the garden, creating a lovely connection between the indoor and outdoor spaces and providing an ideal setting for everyday family life and entertaining.

A ground-floor cloakroom completes the accommodation on this level.

Upstairs, the property offers three bedrooms, including two doubles and a single bedroom, together with a family bathroom. The third bedroom could equally serve as a nursery, study or home office.

Outside, there is a rear garden and parking for two cars.

Plot 12 provides a wonderful opportunity to purchase a newly built home offering a traditional arrangement of separate reception and kitchen/dining spaces, in a desirable village setting.

A 40% share is available at £184,000, with a monthly specified rent of £632.50 payable on the remaining equity.

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 complete an application form which 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 North West Essex village with local facilities including a school, inn and garage and is situated approximately 3 miles north west 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.