Plantation Road, 3 bed homes
Available for sale on a shared ownership basis, Eastlightwill have one 3 bedroom semi-detached due from March 2021.
These new properties will enjoy a spacious living room/dining area. There will be a separate kitchen designed to a high standard with built in oven, hob and hood.
The properties feature two/three bedrooms, a family bathroom and second downstairs toilet.
There will be vinyl flooring to the kitchen and bathrooms.
The properties also benefit from having two allocated parking spaces.
Rent and service charges are reviewed annually.
The service charges stated are estimated and are to be confirmed by the developer. They are expected to apply for road maintenance, lighting and communal grounds maintenance.
Please note once our solicitor has received all documents we will expect to exchange within 6 weeks of handover.
Local area information
Boreham is a village and civil parish, in Essex, England. The parish is in the City of Chelmsford and Chelmsford Parliament constituency. Boreham village lies between Chelmsford City and Hatfield Peverel. It has a population of just over 5000 and has a Village Hall and two recreation grounds, as well as a hairdressers and barbers, post office, a primary school and a doctor’s surgery. There is also several shops including a fine butchers shop, a gun shop and three public houses.
Min share price from: £158,000 for a 40% share
Full price from: £395,000
Minimum deposit from: £7,900
Monthly rent from: £543
There is only one available priced at £158,000 for a 40% share.
It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.
An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.
Leasehold, which is essentially the contract for the share you've bought.
It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.
Your solicitor can help you with this.