Summary - 7, STEPHENSON DRIVE CM23 2YU
2 bed 1 bath Coach House
Shared-ownership two-bed near Stansted and fast London trains.
Brand-new two-bedroom coach house, approx. 665 sq ft
A brand-new, two-bedroom coach house arranged as an open-plan first-floor home, offered through Shared Ownership with long lease security. The living area opens to a Juliet balcony and the layout delivers an easy, contemporary floorplan across approximately 665 sq ft. Two allocated off-street parking spaces and energy-efficient modern construction add practical value for everyday life.
This property is aimed at buyers looking to get on the housing ladder: a 40% share is priced from £134,000 (full market value £335,000) with a minimum 5% deposit on the share. Rent is payable on the unsold portion and there are eligibility criteria (household income cap £80,000; no current property ownership). The lease has 990 years remaining, reducing long‑term lease concerns.
Be clear about ongoing costs and limits: the home is leasehold with service charges (listed as £840, below average) and a separate rent on the unsold share. Council tax band is TBC. The development benefits from excellent commuter links — close to the M11, Stansted Airport and direct trains to London Liverpool Street in under 40 minutes — and local amenities including shops, leisure and highly rated schools nearby.
This is a sensible, lower‑entry route to ownership in a very affluent area. It suits first-time buyers wanting a modern, low-maintenance home and strong transport connections, provided they accept shared‑ownership rules and annual service/rent reviews.
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