4 Bale Crescent

Property Overview

Situated within the sought-after Newhall development in Harlow, this spacious two bedroom Coach House offers an excellent opportunity to step onto the property ladder through Shared Ownership.

Extending to approximately 1,281 sq ft (119 sq m), this unique home provides generous, well-designed accommodation throughout. Accessed via its own private entrance, the first floor opens into an impressive open plan lounge, kitchen and dining area spanning almost 20 ft, creating a bright and versatile living space ideal for relaxing, entertaining or working from home.

The property offers two generous double bedrooms, both comfortably accommodating wardrobes and additional furniture, alongside a contemporary family bathroom. A separate storage room provides valuable additional storage space rarely found in apartment living.

Occupying a desirable position above two garages, the home benefits from excellent privacy while enjoying the convenience of the established Newhall community, with attractive open spaces and everyday amenities close by. This home benefits from 2 garages and an outdoor bicycle store

This Shared Ownership opportunity offers a more affordable and flexible route to owning a spacious home within the desirable Newhall community.

Financial Breakdown

• Full Market Value: £330,000
• 30% Share Value: £99,000
• Rent (70% share): £632.67 per month
• Service Charge: £5.25 per month
• Estate Charge: £37.58 per month
• Buildings Insurance: £10.63 per month
• Management Fee: £46.19 per month
• Reserve Fund: £0.00 per month
• Total Monthly Payment (excluding mortgage): £732.32 per month
• Lease Length: Approximately 119 years remaining.

What is Shared Ownership?

Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property’s value, while paying a subsidised rent on the remaining share.

Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%. Deposits and mortgage payments are based on the share purchased, meaning costs are often lower than buying outright or renting privately.

L&G Affordable Homes is a Registered Provider delivering Shared Ownership homes and committed to creating well designed communities and supporting buyers throughout their home buying journey.

Eligibility Criteria

To be eligible for Shared Ownership, you will need to:

• Have a combined household income under £80,000 per annum.
• Not already own a property, or part of a property, at the time of completing your purchase.
• Be unable to purchase a suitable home to meet your housing needs on the open market.

Local Area

Newhall is a popular contemporary neighbourhood on the eastern edge of Harlow, designed around green open spaces, tree-lined streets and a strong sense of community. Residents enjoy local cafés, convenience stores, play areas, schools and scenic walking routes, while Harlow town centre provides a wider selection of shopping, leisure facilities and restaurants.

For commuters, Harlow Town railway station offers regular services to London Liverpool Street and Cambridge, while the nearby M11 and A414 provide excellent road links to London, Stansted Airport, Chelmsford and the wider Essex and Hertfordshire region.