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    Sheridan House

    Ref: RS260919
    • Apartment
    • 1
    • 1

    Shared Ownership Property in Southend-on-Sea

    This 1 bedroom property in Leigh-on-Sea, Southend-on-Sea in Essex is for sale using the Shared Ownership scheme.

    Leigh-on-Sea offers a charming mix of seaside living, community warmth, and modern amenities. Whether you’re attracted to the charm of the seaside or the dynamic local culture, you’ll find this town a welcoming place to settle down. As you consider your relocation, envision yourself becoming an integral part of Leigh-on-Sea, where the quality of life is valued and the community spirit is vibrant and thriving.

    Key Features

    • Albany Mews, Leigh-On-Sea, Southend, Essex, SS9 3FP
    • 45% Shared Ownership
    • Less than 30-minute walk to seafront 
    • 1 Bedroom Apartment
    • Allocated Car Parking
    • Gas Central Heating
    • Communal Parking
    • Close To Train Station
    • Local shops and amenities

    Living in Leigh-on-Sea

    As you stroll through the quaint town of Leigh-on-Sea, the town’s rich maritime history is immediately apparent. The Old Town, with its stone-paved lanes and age-old fishing cottages, provides a window into the past. The allure of the seafront is irresistible, offering panoramic views of the expansive Thames Estuary. The presence of cockle sheds and seafood stalls bear witness to the town’s enduring bond with the sea. Picture spending your weekends leisurely walking along the promenade, taking in the crisp sea air and the cries of seagulls overhead.

    Local Facilities and Retail

    Leigh-on-Sea meets your daily requirements with a mix of convenience and allure. The Broadway, the town’s vibrant main street, is adorned with a range of shops, from unique boutiques to renowned brands. You’ll stumble upon charming cafes and eateries offering everything from a quick snack to a relaxed dining experience. The town also hosts a weekly farmers’ market, where you can purchase fresh, locally grown produce. For your everyday grocery needs, many supermarkets are within easy reach, ensuring you have access to all the necessities.

    Community and Heritage

    One delight of Leigh-on-Sea is the robust sense of community. The town is renowned for its hospitable locals and a year-round calendar of events that unite the community. From the Leigh Folk Festival to the Regatta and the Leigh Art Trail, there’s always an event to engage with your fellow residents and celebrate local creativity. The community centres and local library act as focal points for activities and learning, offering classes and workshops for all age groups.

    Education and Family Living

    If you’re moving with family, you’ll be glad to know that Leigh-on-Sea is home to several highly rated schools. The educational opportunities cater to a variety of age groups, ensuring your children can excel academically. The town also boasts many parks and playgrounds, providing plenty of space for outdoor activities and family gatherings. Belfairs Woods and Nature Reserve offer a natural sanctuary with walking and cycling trails, ideal for weekend escapades.

    Transport and Accessibility

    Leigh-on-Sea is well-connected, making it a perfect location for commuters or those wishing to explore the nearby areas. The train station offers regular services to London, with a trip to the capital taking approximately an hour. Road connections are also excellent, with easy access to the A127 and A13 leading to London and the broader Essex region. For international travel, Southend Airport is just a short drive away, offering flights to a variety of destinations.

    Resale
    £101,250 45% share
    Est. monthly costs £1,077.49*
    • Monthly rent £283.59
    • Service charge £172.13
    • Mortgage £621.76
    • *Est. monthly costs: Including Mortgage calculated using a representative rate of 5.5%, Rent and required Service Charge. These values are to be used for research purposes only.

    Monthly Costs Calculator

    £45
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      Guinness Homes are not financial advisors, and this tool is to be used for research purposes only. Please contact a mortgage broker to discuss your finances.

      What is Shared Ownership?

      Learn more about how the Shared Ownership scheme works

      Read More A young female sat and using her laptop
      What is Shared Ownership?
      Shared Ownership is a way to buy your home if you otherwise couldn't afford to on the open market. You buy a share percentage of the home, which is usually 25-75%, pay a subsidised rent on the remaining share and pay a service charge. It's an ideal scheme for first-time buyers looking for a more affordable housing option to get on the property ladder. Click 'read more' to find out more about Shared Ownership.
      Am I eligible for Shared Ownership?
      To qualify for Shared Ownership, individuals must be over 18 years old and residents in the UK. There is a household income threshold. You must have a household income threshold of less than £80,000, but this increases to £90,000 if you buy a home in London.
      Can I buy more shares?
      Yes, you can buy more shares at a later date after you purchase your home. This is known as 'staircasing' and the amount your increase will depend on how much you can afford. Buying more shares will reduce future rent payments. Eventually you could own 100% of your home.
      How much deposit do I need?
      This depends on the full market value of the property and the size of the share you are purchasing, your mortgage lender and your credit rating. The benefit of Shared Ownership is that the deposit required will be significantly lower than if you were purchasing the property outright because you only need a deposit on the share you are buying. You should expect to have at least 5% deposit saved. Your mortgage advisor will tell you the exact amount of deposit you need. You can contact one of our panel of mortgage brokers to get a Mortgage in Principle.