Shared Ownership

Incentive available – get up to £2,500 towards moving costs, subject to T&C’s**

This brand new home is available to buy from as little as £138,000 with a 40% share!

Welcome to Constable Gardens, a charming new development in the heart of East Bergholt. This lovely village has everything you need, from a friendly local shop and post office to a bakery, chemist, and GP surgery and a a real sense of community.

This end of terrace home has been designed with modern living in mind. The ground floor offers a spacious open-plan kitchen, dining, and living area, creating a bright and airy space perfect for everyday life and entertaining. There’s also a convenient downstairs WC and a handy storage cupboard.

Upstairs, you’ll find two great-sized double bedrooms, and the family bathroom.

Outside, the property includes a private garden and two allocated parking spaces, making this an ideal home for a range of different buyers.

Getting around is easy, with the A12 providing links to the M25 and A14, and Stansted Airport just an hour’s drive away. Manningtree railway station is close by too, offering direct trains to London Liverpool Street in around an hour—perfect for commuters.

If you're looking for a beautiful home in a friendly village with fantastic transport links, this could be the perfect place for you. Get in touch to find out more!


PRICING & AFFORDABILITY

Approximate Size 851 sq ft

Full Market Value: £345,000

40% Share Price: £138,000 (rent £474.38pcm)
50% Share Price: £172,500 (rent £395.31pcm)
75% Share Price: £258,750 (rent £197.66pcm)

Minimum 5% Mortgage Deposit (40% share): £6,900
Approximate Service Charges: £61.56 pcm*
Shared Ownership Lease: 990 years
Council Tax Band: TBC

ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
At Constable Gardens you can buy a minimum 40% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change.

**Pet policy applies, please contact for further information.

***These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

**PPHA Incentive Terms & Conditions The following Terms & Conditions apply to all incentives offered by PPHA or representatives on behalf of PPHA. The below terms are applicable to any incentive offered by PPHA. 1. Due to lender restrictions the total value of all incentives offered cannot exceed 5% of the minimum share value being purchased where the sale is a Shared Ownership, this is based on the minimum share available on the selected property. 2. PPHA will not be responsible for direct payments to any lenders, or third parties and all other monthly commitment charges will remain as advised. It is the responsibility of the purchasers to pay all monthly commitment charges, including payment of service charges or mortgage payments. 3. Purchasers are not restricted from instructing a solicitor and mortgage broker of their own choice; however, we encourage use of a solicitor and mortgage broker from PPHA’s selection of approved firms to assist with meeting the required transaction timeframes. 4. This offer is subject to status and availability and any offer is subject to approval from PPHA. 5. Some incentives are only available as part of individual marketing campaigns and / or on selected plots. Further information can be obtained from PPHA or its appointments representatives. 6. Offers cannot be used in conjunction with any other offer, discount, or incentive. 7. Exchange of contracts must take place within 28 days of the legal pack being issued. If the property is ready for occupation completion must take place within 10 working days of exchange, otherwise completion will be on notice until the home is ready for occupation. 8. PPHA reserve the right to remove an incentive at any time. Cash incentives, for example, buying costs, moving costs, rent / service charge paid or a contribution towards bills / stamp duty 1. The total value of the incentive is capped as a one-off sum which will be by way of deduction from monies due at completion of the purchase, no cash payment will be made by PPHA to a purchaser. Service Charge: 738.72.