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£112,500

Finchingfield Way, Colchester, CO2

  • 1 bed
Bungalow

£112,500

  • 1 bed
Bungalow
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Estimate monthly mortgage payment:

£514 per month

Minimum deposit amount:

£5,625
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*Shared Ownership* £112,500 is for a 50% share purchase, the full property price is £225,000. The minimum CASH DEPOSIT you will need is £56,250. Turn any freehold property into part buy –part rent with Leaders Estate Agents and ‘Your Home’. You simply need 25% cash deposit on the full purchase price, there’s no need for a mortgage and you can buy more or move at any time. Subject to status and certain criteria (please see below for more details), you can buy from 25% -75% and pay rent on the part you do not buy whilst being able to staircase over time to own 100% of the property. Your Home is a part buy –part rent scheme available on freehold properties for sale with Leaders Estate Agents. *Your Home eligibility criteria: •Good credit history •Income to support the unpurchased share •Be a British or EU citizen or have indefinite rights to remain in the UK •Must be your principle and only home at completion For more information on ‘Your Home’ and to apply, please contact Leaders on 01206767673 or [email protected] This one bedroom bungalow is situated in the south of Colchester, just 3 miles from the city centre. Colchester City centre has a wide range of shops, amenities and train station with direct links to London Liverpool Street. The property has been RENOVATED to include new windows, new external doors, new radiators, new kitchen sink and new flooring throughout. As you enter the property through the front door there is an entrance hallway with cupboard and loft access. The lounge is to the front of the property overlooking the front garden and green space beyond. The kitchen is at the rear of the property with a range of wall and base units, electric oven with extractor fan over, new inset stainless steel sink and drainer, cupboard housing gas central heating boiler and door to utility room. The utility room has plumbing for washing machine, space for fridge and door to the garden. The double bedroom is dual aspect and has two built in wardrobes. The modern shower room has walk-in shower, hand wash basin and WC in vanity unit. Externally there is an enclosed rear garden which has been hard landscaped for ease of maintenance and has metal shed, gateway access to the front of the property where there is a hard landscaped front garden. The property also has solar panels which are owned by the vendor giving cheaper electricity and feed-in tariff.

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£514 per month
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Mortgage and legal costs:
£999
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