Shared ownership

1/11

Shared ownership

1/11

2 bed flat for sale Abell Way, Chelmer Village, CM2

Asking price

£168,750

Added on 14/09/2026

75% share · about £225,000 full value

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £274 per sq ft
Tenure: Leasehold; 125 years left(from the agent's description)

Service charge £2,507 a yearGround rent £208 a year Council tax Band C £2,045 a year EPC C 74

* From the agent's description. Check it with them before you rely on it.

Key features

75% SHARED OWNERSHIP
TWO BEDROOMS
IDEAL BUY TO LET
PERFECT FOR FIRST TIME BUYERS
NO ONWARD CHAIN POSSIBLE
POPULAR LOCATION
CLOSE TO OFFSTEAD OUTSTANDING SCHOOLS
BEAULIEU STATION NEARBY (OPENING 2025)
ALLOCATED PARKING
WELL PRESENTED THROUGHOUT

About this property

**

MODERN 2 BEDROOM SHARED OWNERSHIP APARTMENT IN SOUGHT-AFTER CHANCELLOR PARK – NO RENT TO BE PAID TO THE SHARED OWNERSHIP COMPANY £168,750 is 75% shared ownership

This stylish and well-presented two-bedroom apartment offers the perfect blend of modern living and everyday convenience. Situated in a popular residential setting, the property is ideal for first-time buyers, young professionals, or small families looking for a contemporary home in a sought-after location.

Floorplan

Energy performance

C 74

Current

Potential

92+

81-91

69-80

74 C

76 C

55-68

39-54

21-38

1-20

This home is rated band C, scoring 74 out of 100. The average British home is band D. Its certificate says it could reach band C (76) if the improvements it recommends were carried out.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

Council tax

Band C £2,045 a year

Per year

Band A

£1,533
Band B

£1,789
Band C

This home: £2,045
Band D

£2,300
Band E

£2,811
Band F

£3,322
Band G

£3,834
Band H

£4,600

This home is in band C, which costs £2,045 a year in Chelmsford for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Chelmsford, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Location

Abell Way, Chelmer Village, CM2

Open map Street View

Mortgage and stamp duty

Property price £168,750

£84k £254k

Deposit10% £17,000

£0 £169k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £151,750 mortgage. Most lenders would want a household income of about £34,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
27, Abell Way Flat / maisonette	Flat / maisonette	Jul 2026	635 sq ft £301/sq ft	635 sq ft	£301	£191,250
35, Abell Way Semi-detached	Semi-detached	Feb 2026	1,227 sq ft £440/sq ft	1,227 sq ft	£440	£540,000
16, Abell Way Detached	Detached	Jan 2026	1,249 sq ft £416/sq ft	1,249 sq ft	£416	£520,000
21, Abell Way Semi-detached	Semi-detached	Jul 2025	1,184 sq ft £465/sq ft	1,184 sq ft	£465	£550,000
29, Abell Way Flat / maisonette	Flat / maisonette	Jul 2025	657 sq ft £263/sq ft	657 sq ft	£263	£172,500
5, Abell Way Detached	Detached	Jan 2025	861 sq ft £499/sq ft	861 sq ft	£499	£430,000
11, Abell Way Detached	Detached	Oct 2024	1,152 sq ft £445/sq ft	1,152 sq ft	£445	£512,000
20, Abell Way Detached	Detached	Sept 2024	1,184 sq ft £414/sq ft	1,184 sq ft	£414	£490,000