Share Price £105,000 (from 50% Min. Share)
Full Value £210,000 | £5,250 Min. Deposit
Scheme: Shared Ownership Resales
check_circle Available now1 bedroom apartment in Welwyn Garden City - Hertfordshire
place Maidensfield, AL8 7RL
One Bedroom Apartment in Welwyn Garden City available through the Shared Ownership scheme
Eligibility
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Description
On behalf of Thrive Homes, this one bedroom ground floor apartment is situated in Welwyn Garden City, Hertfordshire and is available to purchase through the Shared Ownership scheme.
Full Market Value:£210,000
Share Available:50%
Monthly Rent:£236.83
Monthly Service Charge:£70.99
All applicants will need to be registered and approved by Help to Buy - this can be done on their website 'Help to Buy Agent 3'.
Virtual Tour:https://www.vieweet.com/iframe/LQGK07M
About the Property
Ground Floor: Entrance Hall, Kitchen, Lounge, Bedroom and Bathroom.
Outside: Allocated Parking Space.
Local Information
Welwynis a town inHertfordshire, England. It is located approximately 20 miles (32km) fromKings Cross, London. Welwyn Garden City was the secondgarden cityin England (founded 1920) and one of the firstnew towns(designated 1948).
Shared Ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. This property has a 50% share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above.
In the future you can purchase further shares in your home** or sell your share and move on.
*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.
All applicants will need to be approved by Help to Buy at their website.
Key Features
- Available Now
- Shared Ownership
- 50% Share Available
- Sold on behalf of Thrive Homes
- Gas Central Heating