Share Price £117,250 (from 35% Min. Share)

Full Value £335,000 | £5,863 Min. Deposit

Scheme: Shared Ownership Resales

Under offer

2 bedroom apartment in Welwyn Garden City - Hertfordshire

place Empire House, Bessemer Road, AL7 1FY

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Modern, spacious two bedroom duplex apartment in Welwyn Garden City


Description

Full Description

A two bedroom duplex located in Welwyn Garden City available through Shared Ownership Scheme.

Available for £117,250 for 35% share based on the marketing figure of £335,000.

Modern, spacious two bedroom duplex apartment in Welwyn Garden City, AL7 .This property comprises of entrance hall, WC, fitted kitchen with integrated washing machine, lounge, master bedroom with en-suite, second bedroom and bathroom. Property also benefits from a balcony, bike storage and parking.

The property is situated within a relatively new development in a residential location outside of Welwyn Garden City town centre, within walking distance of local amenities such as schools, health clinic, shops, 5 mins walking distance to Aldi and Waitrose and local pub, 10 mins walk from town centre and train station. The location is well-served by transport links; 5 mins walk to the closest bus stop, 10 mins drive to A1, M25 and M1, easy access to central London.

EPC Rating
Energy Rating Band - D
Environmental Impact Band - C


All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.


Key Features

Two bedrooms
Duplex apartment
Ample storage space
Ample storage space
Balcony
En-suite bathroom
Allocated parking
Available for sale for 35% share


Download Documents

Link to the floor plan
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Calculate Monthly Cost

Share price
£ 117,250
Min. £117,250
Share percentage
Min. 35%
Your deposit
Min. £5,863
Monthly cost*
£1,206
Cost breakdown
£533
Rent
£89
Service charge
£584
Mortgage*
Calculated using a representative rate of 3.94%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.