3 bedroom semi detached house
<p style=“font-family:”Segoe UI",“Helvetica Neue”,sans-serif; font-size:9pt">Shared Ownership prices at Abbey Corner start from:
- <li style="font-family: “Segoe UI”, “Helvetica Neue”, sans-serif; font-size: 9pt;">3 bed – £106,250 for a 25% share (£430,000 full market value) <li style="font-family: “Segoe UI”, “Helvetica Neue”, sans-serif; font-size: 9pt;">2 bed – £95,000 for a 25% share (380,000 full market value)
The Spindle f<span style=“font-family:”Segoe UI",“Helvetica Neue”,sans-serif; font-size:11pt">eatures<span style=“font-family:”Segoe UI",“Helvetica Neue”,sans-serif; font-size:11pt"> contemporary kitchens, modern fittings and fixtures, spacious carpeted bedrooms and private outdoor spaces, the development also benefits from communal green area with a children’s playground. Abbey Corner is also well positioned for access to Colchester Railway station and Colchester Town Railway station. Both these stations provide links to the surrounding towns and cities. Colchesters train network provides direct access to, among other locations, Chelmsford, Ipswich, Clacton-on-Sea and London Liverpool Street.
<p style=“font-family:”Segoe UI",“Helvetica Neue”,sans-serif; font-size:9pt">Located in a residential area, whilst being close to the historic town centre, Abbey Corner sits just 1 mile from Abbey Field which connects you to the natural beauty that Colchester has to offer. <p style=“font-family:”Segoe UI",“Helvetica Neue”,sans-serif; font-size:9pt">All properties for sale at Abbey Corner are available through Shared Ownership, a part buy/part rent scheme, designed as a stepping stone for first time buyers looking to get onto the property ladder. <p style=“font-family:”Segoe UI",“Helvetica Neue”,sans-serif; font-size:9pt">What is Shared Ownership?Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 – 75%, paying a low cost rent on the remaining unpurchased ‘share’ of the home. What’s more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location. <p style=“font-family:”Segoe UI",“Helvetica Neue”,sans-serif; font-size:9pt">Guidance Affordability
In order to purchase a home at Abbey Corner, you will need to complete an affordability assessment to ensure the homes are affordable for you. As a guide, applicants should: <p style=“font-family:”Segoe UI",“Helvetica Neue”,sans-serif; font-size:9pt">Have a household income of between £49,423 and £80,000
Have a deposit available of at least £12,900 <p style=“font-family:”Segoe UI",“Helvetica Neue”,sans-serif; font-size:9pt">Financial information
Tenure: Leasehold
Length of lease: 999
Annual ground rent amount: £0
Ground rent review period: N/A
Annual service charge amount: £1,020
Service charge review period: Annual
Council tax band: TBC
<p style=“font-family:”Segoe UI",“Helvetica Neue”,sans-serif; font-size:9pt">Want to find out more? <p style=“font-family:”Segoe UI",“Helvetica Neue”,sans-serif; font-size:9pt">For more information about Abbey Corner be sure to register your interest and be invited to a 1-1 viewing appointment. <p style=“font-family:”Segoe UI",“Helvetica Neue”,sans-serif; font-size:9pt">N.B. All images are Computer Generated and indicative only
- Allocated Parking
- Communal Green Area
- Private Garden
- Shared Ownership
- Contemporary kitchens, modern fittings and fixtures
- Excellent transport links Colchester Town train station just 5 mins drive away with direct train
- Open-plan kitchen/dining room
- Council Tax: Please confirm the council tax band with Peabody
- Tenure: Please confirm if this is a freehold or leasehold property with Peabody