Bowlers Court

Plot 32 - Moulsham

Springfield Road, Chelmsford, CM2 6JG

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Upper floor flat
1 bedroom

Price from

£61,250* with shared ownership

Check out our affordability calculator

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About this home

This large, brand-new one-bedroom flat at Bowlers Court, Chelmsford offers far more than you’d expect.

The generous open-plan living, kitchen, and dining area is flooded with natural light from the balcony doors making it a bright and airy space.

As well as a big bedroom and bathroom you also have the bonus of two stores in the entrance hallway meaning you can keep clutter to a minimum.

View the brochure

Key features

Juliet balcony
Available through shared ownership
Zanussi appliances included
Large windows let in floods of natural light
Extra security with a video entry system
Generous open-plan layout

Floor plans

1-Bedroom apartment

Kitchen/living/dining room

5.67m x 4.16m

18ft 7″ x 13ft 8″

Main bedroom

5.22m x 3.3m

17ft 2″ x 10ft 10″

Kitchen/living/dining room

5.67m x 4.16m

18ft 7″ x 13ft 8″

Main bedroom

5.22m x 3.3m

17ft 2″ x 10ft 10″

Home specifications

Kitchen

A modern fitted kitchen including:

Artic marble-style worktops
Matt smooth indigo cupboards
Glass splashback
Soft close doors and drawers
Zanussi single oven, ceramic hob, and extractor hood
Zanussi integrated fridge/freezer
Zanussi washer/dryer

Bathroom

Everything else

Your estimated monthly payments could be...

£874

Est. mortgage charge

£341

Rental cost

£422

Service charge

£111

These prices are based on a 25 year mortgage term with a 4.5% mortgage interest rate. This is the same criteria which we use in our adverts. Your actual mortgage offer may be a bit different. As a guide you would be looking at around £341 a month for your mortgage repayment and £422 for your rent. This gives you a monthly cost of around £874. The figures are estimates and should be used for guidance only. There may be other costs you need to consider such as estate management fees, ground rent, service charges etc.

This calculator is provided for guidance only; Persona Homes does not offer mortgage advice. You will need to take advice from a suitably qualified adviser before applying for and agreeing to a mortgage. Your home may be repossessed if you do not keep up repayments on your mortgage. If you like what you see, contact us today so we can see if we can help you make your homeownership dreams a reality.

Have any questions?

Our lovely Persona Homes Hosts are happy to help

Shared Ownership

Shared ownership is a government-backed scheme that makes it easier for you to buy an affordable stake in a property.

The share you buy is dependent on your financial and personal circumstances. It can be from a minimum of 25% to a maximum of 75% share of the full market value of the property. You may be able to buy further shares at a later stage and in most instances you will be able to buy up to 100% of the shares in your home and own it outright. However, in some cases there may be restrictions on when you can buy a further share or on the maximum total share you can own.

Further information can be found in our Shared ownership article.

Do I Qualify?

You qualify for shared ownership if you:

Have a household income of under £80,000 (less than £90,000 in London)
Don’t currently own your home and can’t afford to on the open market
Can afford the minimum deposit
Pass an affordability check to make sure you can get a mortgage

* The full market value of this home is £245,000 but, with shared ownership, you could purchase an initial 25% share for just £61,250 and pay a monthly rent on the remaining share. If you’re buying with a mortgage you may only need a deposit of 5% of the amount you borrow, meaning your deposit could be as low as £3,063.

Good to know

This is a summary of information about this property and what your ongoing costs are likely to be once you move in. Your sales host will be able to give you more information about this home.

Tenure: Leasehold
Council tax band: TBC
Lease length: 150 years
Service charge: £111