2 bedrooms
£104,000
Frating, CO7 7GA

Reserved

Ideal for first time buyers looking for their new home, The Colne features a modern open-plan living/dining/kitchen area. There are also two double bedrooms and a family bathroom. It is available via our flexible shared ownership scheme with prices based on a 40% share.

Interested in finding out more? Enquire now using the button above and our local sales team will be in touch. Alternatively, call us on 01206 430 210 or email pennyfields@countrywide.co.uk.

CGI of The Colne in Frating, Essex

Dimensions*

Living/Kitchen/Dining

6.35m x 5.65m | 20' 10” x 18' 6"

Bedroom 1

4.65m x 2.95m | 15' 3" x 9' 8"

Bedroom 2

2.55m x 4.60m | 8' 4" x 15' 1”

Bathroom

2.55m x 2.20m | 8' 4" x 7' 2"

*All dimensions are approximate

The Colne Floorplan

Location

Sitting in the open countryside in the county of Essex, the village of Frating is set in a wonderful location surrounded by fields and open spaces. Just a short walk away from the development is The Kings Arms, a traditional 16th century pub serving freshly cooked food and drinks to the people of Frating. A walk around the surrounding countryside followed by a drink here would make for a lovely evening in this charming village.

Frating also has convenient transport links to Colchester, where you can learn about the history of Britain’s oldest recorded town, as well as visit family-favourite attractions such as Colchester Zoo and Colchester Castle.

Shared ownership calculator

Property value
£260,000
Share to purchase
25% 50% 75%
%
Results
Mortgage required
£65,000
Indicative monthly rent *
£446.88

Your eligibility for shared ownership will be assessed by our team on an indicative basis only, based on your financial situation, the value of the property in question, the share you wish to purchase and the deposit amount. Our assessment and any information provided by Sanctuary Homes does not constitute a recommendation for you to proceed and should not be relied on as confirmation that you will be able to afford the repayments. Before proceeding you should carefully consider whether you will be able to afford the repayments for the entire term of your mortgage, including if your personal circumstances change.  

Sanctuary Homes is not authorised or regulated by the Financial Services Authority to provide financial advice and you should always obtain your own independent advice and recommendations from an Independent Financial Adviser regarding shared ownership – including available mortgage products, affordability, interest rates, terms, conditions and methods of repayment. These matters will be outlined within a Key Features Information (KFI) document that your financial adviser and your mortgage provider will provide to you prior to entering into any commitment. In addition, you will also be required to appoint your own independent legal adviser to deal with your purchase.

YOUR HOUSE MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED AGAINST IT.

* this monthly rent amount is only indicative and may be subject to change

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The particulars on this website have been prepared for prospective purchasers for guidance only. They are not part of an offer or contract. Whilst some descriptions are inevitably subjective and information is given in good faith, they should not be relied upon as statements or representations of fact. All measurements are taken from plans and must therefore, be treated as approximate. Some variation in the finished construction and landscaping should be expected.

The site plan and photographs are for illustrative purposes only, not to scale and for general guidance only. Sanctuary Group reserves the right to amend the specifications without prior notice. Buyers will be informed of any substantial changes to the specification after reservation. Any substitution of materials will be to an equal or higher standard.

 

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