Bowlers Court

Plot 18 - Margaretting

Springfield Road, Chelmsford, CM2 6JG

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  • Upper floor flat
  • 2 bedrooms

Price from

£86,250* with shared ownership

CGI - apartment kitchen/dining area with dark grey handleless units, white worktops and light wood-effect floor. White dining table and chairs in foreground.

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About this home

The kitchen is nicely tucked away from the living and dining area which is great if you want to keep your kitchen mess hidden! This generous living space has ample room for furniture and can even fit an additional desk to work from.

As well as a generous master bedroom and bathroom, there is also a 2nd bedroom and two store cupboards – meaning you have plenty of space for all your belongings!

This home also comes with allocated parking.

View the brochure

Key features

  • Private balcony
  • Available through shared ownership
  • Zanussi appliances included
  • Comes with allocated parking
  • Extra security with a video entry system
  • Generous open-plan layout

Floor plans

18,35,52

2-Bedroom apartment

Kitchen
3.48m x 2.87m
11ft 5″ x 9ft 5″
Living/dining area
4.63m x 3.75m
15ft 2″ x 12ft 4″
Master bedroom
4.37m x 2.99m
14ft 4″ x 9ft 10″
Bedroom 2
3.86m x 2.41m
12ft 8″ x 7ft 11″
Total floor area
71.4m2
768.6sq. ft.
Kitchen
3.48m x 2.87m
11ft 5″ x 9ft 5″
Living/dining area
4.63m x 3.75m
15ft 2″ x 12ft 4″
Master bedroom
4.37m x 2.99m
14ft 4″ x 9ft 10″
Bedroom 2
3.86m x 2.41m
12ft 8″ x 7ft 11″
Total floor area
71.4m2
768.6sq. ft.

Home specifications

Kitchen

A modern fitted kitchen including:

  • Artic marble 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

Close up of controls on a silver oven

Have any questions?

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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 £345,000 but, with shared ownership, you could purchase an initial 25% share for just £86,250 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 £4,313.

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Plot 5

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Plot 11

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Plot 13

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See how much your monthly payments could be...

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

%
25%75%
£
£
£
£

Years

Your estimated monthly payments could be...

£1,073

Est. mortgage charge

£480

Rental cost

£593

Register interest

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 £480 a month for your mortgage repayment and £593 for your rent. This gives you a monthly cost of around £1,073. 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.

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.

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