Register your interest for Colliford Road
Resale
Flat 34 Cresco House
Grays, Essex, RM20 3BQ
2 Bedroom Apartment for Resale
More than you thought possible with Shared Ownership.
Situated on the second floor, this well-presented two bedroom apartment offers approximately 767 sq ft of bright and practical living space, with a private balcony, two bathrooms, excellent storage and allocated parking.
The property can be accessed by lift or stairs and opens into a welcoming entrance hall with two generous storage cupboards, including useful space for laundry and everyday storage.
At the heart of the home is the spacious open-plan kitchen, living and dining area. The kitchen is fitted with gloss-finish wall and base units, a stainless steel sink and drainer, breakfast bar, integrated dishwasher and fridge/freezer. Large floor-to-ceiling windows provide plenty of natural light, while direct access to the private balcony creates an ideal extension to the living space.
Both bedrooms are well-proportioned doubles with large windows creating bright and comfortable spaces. The principal bedroom benefits from its own en suite shower room, while a separate family bathroom with bath and shower serves the remainder of the apartment.
The property further benefits from Upvc double glazing, gas central heating, allocated parking and access to large surrounding communal gardens.
Financial Breakdown
- Full Market Value: £290,000
- 55% Share Value: £159,500
- Rent on unowned share: £371.33 per month
- Service Charge: £55.84 per month
- Estate Charge: £26.73 per month
- Buildings Insurance: £10.18 per month
- Management Fee: £46.19 per month
- Reserve Fund: £57.52 per month
- Total Monthly Payment (excluding rent): £196.46 per month
- Total Monthly Rent & Charges: £567.79 per month
- Lease Length: Approximately 118 years remaining
- Rent Review: Reviewed annually (Rpi + 0.5%)
About the local area.
Cresco House is positioned in the heart of the Lakeside area of Grays, providing convenient access to a wide range of shopping, leisure and everyday amenities.
Lakeside Retail Park is approximately a five-minute walk away, while Lakeside Shopping Centre can be reached in around ten minutes on foot, offering an extensive selection of shops, restaurants and leisure facilities.
The property is also well positioned for commuters, with Chafford Hundred station providing C2C rail connections towards London and easy access to the M25 and surrounding road network.
Colliford Road
Your estimated costs
(service charge not included)
Household income
The estimated minimum household income required
Monthly mortgage
The estimated monthly mortgage payments on the share you're purchasing
Monthly rent
The estimated monthly rent on the share that you do not own
Total monthly costs
The total estimated monthly costs of the mortgage and rent payments
The monthly costs (ex service charge) are as follows. They are calculated from mortgage repayments and rent. Please note, this is excluding service charges which vary by property and scheme. Calculations do not include service charges. Service charges will have to be paid and thus part of the calculation that ascertains your affordability. Please contact a member of the team for more information.
Colliford Road
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2 Bedroom Apartment for Resale
- Allocated parking
- Open-plan kitchen/living/dining area
- Spacious second floor apartment
- En suite and family bathroom
- Private balcony
- Two double bedrooms
- Floorplans
- Key Information Documents
