Bowlers Court

Springfield Road, Chelmsford, CM2 6JG

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  • Ground floor flat and upper floor flat
  • 1-2 bedrooms

Prices from…

Shared ownership:£59,375*
CGI - block of brick wall flats with tall windows and grey and yellow siding, road, hedges and trees in the foreground

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In the heart of city living

Bowlers Court is a brand new collection of one and two-bedroom apartments on Springfield Road available with shared ownership.

These new-build homes are designed perfectly for modern living with quality specification and versatile open-plan layouts.

Located conveniently close to Chelmsford railway station, Bowlers Court offers fantastic commuter links to London and beyond by road and rail. Chelmsford is a vibrant city and is home to plenty of cafes, shops, and restaurants, giving you everything you might need right on your doorstep.

Key features of Bowlers Court

  • Versatile homes with open-plan layouts and fitted kitchens
  • 15 minutes walk to Chelmsford Railway Station
  • Parking to selected apartments
  • Located minutes away from the pedestrianized centre of Chelmsford
  • Close to essential amenities with great shopping, dining and entertainment venues
  • Close to A12 and M25 giving access to London and beyond

Featured plot

CGI - bathroom with grey tiles, white floating sink and toilet, wall mirror and wooden bathroom accessories

Plot 5, Springfield - Two-bedroom home

£82,500* with shared ownership

This impressive Springfield home really stands out from the crowd for a couple of reasons:

  • Has an extra large terrace that is the length of the whole apartment

  • Located on the ground floor

See how much your monthly payments could be...

With shared ownership plans, your share can only be between 25% - 75%.

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25%75%
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Years

Your estimated monthly payments could be...

£740

Est. mortgage charge

£331

Rental cost

£409

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 £331 a month for your mortgage repayment and £409 for your rent. This gives you a monthly cost of around £740. 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.

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What's around the area

Exterior of the Everyman cinema in Chelmsford city centre

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 these homes is from £237,500 but, with shared ownership, you could purchase an initial 25% share for just £59,375 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 £2,969.

Keen to find out more?

Whether you’d like to book a viewing or simply have a quick introductory chat, our helpful advisory team would love to hear from you.

Get in touch