Starling Close, Halstead, Essex CO9 2FR

£47,500 Shared Ownership

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  • Guideline Minimum Deposit £4,750
  • Guideline Income Dual £16k | Single £17.9k
  • Ground Floor with Own Entrance
  • Approx. 690 Sqft Gross Internal Area
  • High Performance Glazing
  • Gas Central Heating
  • Rear Garden
  • Two Parking Spaces

General Description

A Fantastic Opportunity to Purchase a Two Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis


SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £190,000). A well-presented, ground-floor flat with private entrance and small rear garden. The property has two, good-sized bedrooms, a stylish bathroom with large format tiles and an open-plan kitchen/reception room with double doors and windows on two sides. Energy-efficiency and environmental-impact ratings are very good, thanks to modern insulation standards, gas central heating and high performance glazing. The flat comes with the use of two parking spaces and is approximately eight miles from Braintree and about thirteen from Colchester. Halstead's attractive town centre has a good range of shops and is within comfortable walking distance or brief cycle ride.



(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.)


Tenure: Leasehold (125 years from 2018)
Minimum Share: 25% (£47,500).
Shared Ownership Rent: £337.80 per month. (Subject to annual review)
Admin Fee: £19.06 per month. (Subject to annual review)
Guideline Minimum Income: Dual - £16,000 | Single - £17,900 (based on minimum share and 10% deposit)
Council Tax: Band B, Braintree. 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.


19' 10" max. x 11' 8" max. (6.05m x 3.56m)
included in reception measurement
Bedroom ( Bedroom 1 )
15' 2" max. x 9' 11" max. (4.62m x 3.02m)
Bedroom ( Bedroom 2 )
15' 2" max. x 11' 2" max. (4.62m x 3.40m)
Energy Effeciency Rating


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.

The GLA and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
 Not own another property in the UK or any other country.
 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.
 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).
 Be in full time permanent employment.
 Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
 Have a good credit history.
If you are still unsure about Shared Ownership or would like more information view [ Facts and Frequently Asked Questions]


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