Share Price £78,750 (from 35% Min. Share)

Full Value £225,000 | £3,938 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Welwyn Garden City - Hertfordshire

place Liberty house, Bessemer road, AL7 1FU

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Modern one bedroom apartment in Welwyn Garden City available for Shared Ownership.


Description

The property comprises of entrance hall, spacious open plan living room, fitted kitchen and separate WC, one double bedroom and bathroom. The property benefits from one parking space, visitor's parking and well-kept communal gardens.

The property is opposite the Royal Mail delivery office and just down the road from ALDI. In the local area there is every supermarket chain. The town centre is a 15 minute walk away, with shops such as John Lewis, Pandora, H&M, Marks and Spencer, along with many chain restaurants such as Prezzo, Bill's and Pizza Express. The property is within walking distance to the Bakehouse pub, which serves food.

There are very good transport links in the local area. The train station is approximately a 10 minute walk away, with trains going direct to Moorgate and Cambridge, with the main town bus station equidistant too. There are several bus stops within walking distance of the property. The property is close to the A1(M), which can be reached, by car, in approx 5 minutes.

A one bedroom second floor apartment located in Welwyn Garden City available through Shared Ownership Scheme.

Available for £78,750 for 35% share based on the marketing value of £225,000.

EPC Rating

Energy Rating Band - D
Environmental Impact Band - C


Key Features

One bedroom
Good condition
Modern
Second Floor
Double glazing
Electric Heating
On site concierge
Well-maintained communal gardens
One allocated parking space
Visitor’s parking
Secure bike storage
Direct train to Kings Cross arriving in 28 minutes.
Major motorways are within easy reach.
10 minute walk to local amenities in Welwyn Garden City town centre
Available for 35% share


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Calculate Monthly Cost

Share price
£ 78,750
Min. £78,750
Share percentage
Min. 35%
Your deposit
Min. £3,938
Monthly cost*
£821
Cost breakdown
£366
Rent
£63
Service charge
£392
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.