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2 bedrooms apartment for sale in Maldon, United Kingdom

130 000£

Ben Cobey Avenue‚ Maldon‚ CM9

Features

  • 50% shared ownership
  • Two double bedrooms
  • En-suite
  • Bathroom with fitted shower
  • Built in appliances
  • Large living space
  • Off street parking for two cars

Property description

Based on the provided description, this property on Ben Cobey Avenue, Maldon, CM9 is a charming and well-maintained flat, offering the perfect combination of comfort, style, and modern amenities for potential buyers. The flat is situated in a desirable location with easy access to local amenities, recreation, and transportation, making it an attractive option for both real estate investment and lifestyle purchase. From an investment perspective, the property's current asking price of £130,000 for a 50% share ownership represents a competitive entry point into the market. With the current average house price in the UK being around £208,000 (ONS), this flat offers an affordable opportunity for those looking to get onto the property ladder or diversify their investment portfolio. The shared ownership model allows potential buyers to purchase a percentage of the property and pay rent on the remaining portion, making it an accessible and flexible investment option. As the property value appreciates over time, the buyer will benefit from capital gains without having to commit to a full mortgage. Furthermore, the shared ownership scheme offers the added advantage of reducing the financial risk associated with property investment, as the buyer only needs to secure funding for the percentage they are buying. As a lifestyle purchase, this flat presents an excellent opportunity for those seeking a modern and well-equipped home in a convenient and picturesque location. The property's open-plan layout, contemporary finishes, and ample natural light create a welcoming and comfortable living space. Additionally, the flat's proximity to local amenities, such as shops, restaurants, and recreational facilities, ensures that residents can enjoy the benefits of urban living while still enjoying the tranquility of Maldon's relaxed atmosphere. In conclusion, this property at Ben Cobey Avenue, Maldon, CM9 is an attractive option for both real estate investors and those seeking a stylish and comfortable lifestyle purchase. Its competitive price, combined with the benefits of shared ownership and a desirable location, make it a strong contender for those considering their next property investment or residence.

Location

Date added: 24.07.2024

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