158, Tylers Ride, Chelmsford, CM3 5ZE

Shared ownership (Advertised price represents 50% share. Theoretical full market value £185,000 but see 'Please Note' below).

A smartly-presented, first-floor flat which has a spacious reception room with semi-open-plan kitchen and a dedicated home office area. From here, doors open onto two separate west-facing balconies.

There is a generously-sized bedroom, with fitted wardrobe, and a stylish bathroom.

A built-in storage/utility cupboard has been provided in the entrance hallway and well insulated walls and gas central heating make for a good energy-efficiency rating.

The property comes with an allocated, off-street parking space plus access to the communal cycle store. There are shops, a leisure centre, Saltcoats Park and Compass Gardens all close by.

South Woodham Ferrers Railway Station for Greater Anglia services including peak-time trains into London Liverpool Street, is also within easy reach. Please Note: This is a Capped Equity property.

'Staircasing' is restricted to a maximum of 80%.

Interested parties are required to complete the shared ownership common application form [ ] (Please note the minimum income and deposit requirements for eligibility.

You do not need to request a viewing separately once you have completed the application form.) Housing Association: Clarion. Tenure: Leasehold (155 years less 3 months from 01/01/2005).

Minimum Share: 50% (£92,500). The housing association will expect that you will purchase the largest share affordable. Shared Ownership Rent: £64.66 per month (subject to annual review).

Service Charge: £195.01 per month (subject to annual review). Guideline Minimum Income: Dual - £22,700 | Single - £24,500 (based on minimum share and 15% deposit).

Council Tax: Band B, Chelmsford City Council. Priority is given to applicants living and/or working in this local authority. This property is offered for sale in the condition seen.

The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing.

As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves.

The information in this document supersedes any information given verbally either in person or by telephone.

Pets may be permitted but only with prior consent from Clarion (which can only be obtained once you are the property owner). What is shared ownership ?

Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market.

Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners.

The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London. Is shared ownership for you ?

The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must: 1. Not own another property in the UK or any other country. 2.

Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its value, rent and service charge costs.

In most cases you will need to meet or exceed the given minimum income. 3.

Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status). 4.

Be in full time permanent employment. 5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK. 6. Have a good credit history. Kitchen 12' 2" max.

X 10' 4" (3.71m x 3.15m) Reception / Dining Room 12' 11" x 12' 2" (3.94m x 3.71m) Office Area 7' 1" x 2' 11" (2.16m x 0.89m) Bedroom 14' 11" max.

X 9' 7" (4.55m x 2.92m) Bathroom 7' 10" x 5' 5" (2.39m x 1.66m)