Skip to main content
Popular
Total views:  500+
Shared ownership
£160,000

2 bedroom semi-detached house for sale

Lang Way, Great Bentley, Colchester, CO7
New build
Semi-detached house
2 beds
1 bath
Added > 14 days

Key information

TenureLeasehold | unconfirmed share | unconfirmed yrs left
Council taxBand TBC

Features and description

  • Tenure: Leasehold
  • Orwell Homes Scheme
  • Semi Detached
  • New Build
  • Village Location
  • Train Station Nearby
  • 43 Acres of Village Green
  • Off Road Parking

Orwell Homes are offering these wonderful newly built semi detached homes for sale on their shared ownership scheme. The price advertised is for a 50% share of the property however anywhere between 40% and 75% can be purchased with rent details on the remainder below. Situated in the sought after village of Great Bentley, famous for its 43 Acres of award winning village green and with train station in the village offering good links to London Liverpool Street. Highlight of these homes include an open plan lounge/kitchen/diner, ground floor cloakroom, two double bedrooms, first floor bathroom, parking space, flooring throughout, turfed gardens with shed.

Rooms

Dimensions
Lounge/Kitchen/Diner 6.760m x 5.593m (22' 2" x 18' 4") L Shaped Room
Bedroom 3.685m x 3.073m (12' 1" x 10' 1")
Bedroom 4.7m x 3.005m (15' 5" x 9' 10")

Scheme
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.

How does Shared Ownership Work?

You buy an initial share of 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:

. Full Property Purchase price £320,000
. You purchase a 50% sh...

Service Charge
£16.41 per month.

Property information from this agent

Visit agent website

About this agent

Michaels Property Consultants - Wivenhoe
Michaels Property Consultants - Wivenhoe
140 High Street Wivenhoe, Essex CO7 9AF
01206 988895
Full profileProperty listings
Located in what is a landmark building of Wivenhoe, formally the Park Hotel on the corner of Belle Vue Road and the High Street. This stunning and
statuesque building which sits perfectly in the middle of the Town, has been designed to create a stylish and comfortable environment for staff and clients. In
a move to create and embrace an ambiance of work and home style combined, we wanted our office to be welcoming and relaxed for customers and
professional yet enjoyable for staff. When a customer recently commented that “I could live here”, we knew we had achieved our aim. The staff... Show more
... Show more

See more properties like this

*Disclaimer and call rate information...