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New homes in Thurrock for buyers on a tight budget

9th August 2012 Print
Fort House

Family Mosaic highlights: It can be cheaper for someone on a low income to get onto the property ladder via shared ownership rather than renting on the open market in Chafford Hundred, West Thurrock.

Contrary to popular belief shared ownership is not just for key workers. At the Family Mosaic development at Fort House in West Thurrock, a single person earning just over £20,000 a year can buy a 35% share of a brand new two bedroom apartment from £47,425 based on a full market value of £135,500.

While prices in Chafford Hundred for renting a two bedroom property average at £829 per month, apartments at Fort House would have a monthly cost of around £589.64, providing almost £250 savings per month! Excellent news for those on a minimum single income of £19,091, or a joint income of £21,093, as priority is given to people living or working in the Thurrock area.

Lauren Nicholson, Head of Marketing at Family Mosaic explains: “Shared ownership is the perfect opportunity for first time buyers earning considerably less than £60,000 a year to get onto the property ladder at an affordable price.“

Like all Family Mosaic properties, the apartments are finished to an excellent specification. Features include fully fitted units by Manhattan in Dakar with polished chrome handles and Welsh stone effect laminated worktops; stainless steel electric oven, hood and gas hob; Zanussi stainless steel effect washer/dryer and fridge/freezer. The bathrooms are fitted with stylish white suites, with glass shower screens and ceramic floor tiles. Laminate flooring is included in the hall, kitchen and living/dining room, whilst bedrooms are carpeted. All apartments benefit from a private balcony and allocated parking space.

Located on the School Fields development off London Road in West Thurrock, Fort House is a collection of two bedroom apartments offering spacious accommodation and a high quality specification, including a balcony and parking space. Just two miles from Chafford Hundred railway station, there are fast, direct transport links into the City and connections en route to the Docklands Light Railway, District Line, Jubilee Line and Hammersmith & City Line.

For further information about Family Mosaic’s current portfolio of properties, visit familymosaicsales.co.uk.

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Fort House