Rose Street, 2 bed homes
Moat is pleased to bring to the market this one bedroom first floor apartment available through shared ownership in Southend-on-Sea.
• Entrance hall with double storage cupboard
• Living/dining room with Juliet balcony, open plan to kitchen
• Modern fitted kitchen with a range of matching wall and base units in cream gloss finish, with contrasting worktop over
• Built-in oven and hob with extractor over, space and plumbing for washing machine.
• Two double bedrooms (one with built-in wardrobe)
• Bathroom comprising of white suite with panelled bath and overhead shower, wash hand basin and WC
• Allocated parking space
• Gas central heating
• Lease date: 125 years from 1 January 2016
• EPC rating – B (84)
• CO2 emissions – B (88)
• Council tax band – C
• Pets will not be permitted in apartments
Local area information
Situated in Benfleet in Castle Point, Essex. Benfleet railway station is less than three miles away with regular services to London Fenchurch Street, Southend and Shoeburyness. Nearby Benfleet High Street offers a variety of stores and cafes. The property is conveniently situated for access onto the A127 and A13.
Min share price from: £65,000 for a 30% share
Full price from: £216,667
Minimum deposit from: £10,833
Monthly rent from: £297
There is only one available priced at £65,000 for a 30% 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.