1 bedroom apartment for sale

Available

Willoughby Road, AL5 4PD

£86,250 · Shared Ownership New Build

Share percentage 25%, full price £345,000, £4,313 Min Deposit.

Available
1 bedroom
1 Bathroom
Pets allowed
Parking
Final 2 homes remaining!
Floor plan
floor-plan
Floor plan
floor-plan
£86,250 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £345,000, £4,313 Min Deposit.

Monthly Cost: £1,105
Rent £593, Service charge £69, Mortgage £443*

Calculated using a representative rate of 4.24%

Calculate estimated monthly costs

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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.
Summary

AVAILABLE FROM A 25% SHARE! This stunning 1 bedroom home has everything you need to move straight in. Comes with a good-sized living/kitchen/dining room with top spec Symphony Linear Kitchen range.

Description

Final 2 homes remaining at Roan Place


This stunning ground floor 1 bedroom contemporary home has everything you need to move straight in. Comes with a good-sized living room, open-plan kitchen/dining room with top spec Symphony Linear Kitchen range and integrated Zanussi appliances. Available from a 25% share.


Plot 19 - The Stables
Shared Ownership Cost Breakdown 25% Share
* Full market value = £345,000
* Example 25% share price = £86,200
* Rent = £593pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £69pcm


Shared Ownership Cost Breakdown 40% Share
* Full market value = £345,000
* Example 40% share price = £138,000
* Rent = £475pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £69pcm


Shared Ownership Cost Breakdown 75% Share
* Full market value = £345,000
* Example 75% share price = £258,750
* Rent = £198pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £69pcm


How does Shared Ownership work?


Shared Ownership is a Government-backed scheme for first-time buyers who are unable to afford a suitable home at the full market price.


You initially purchase between 25-75% of the home's market value. You then pay subsidised rent on the remainder calculated at 2.75% per annum.


Am I eligible?


To be considered eligible for the Shared Ownership scheme your yearly income must be below £80,000. For London the limit is £90,000.


About Roan Place


A collection of beautifully designed 1 & 2 bedroom homes located in the highly desirable town of Harpenden, combining traditional charm with 21st century living.


This stunning collection of beautiful new homes is a unique regeneration project located to the east of Harpenden.
With a fresh, contemporary look, with landscaped communal gardens and private balconies to allow plenty of natural daylight in, the development offers two two-bedroom houses and eight one-bedroom apartments available through Shared Ownership.


These homes and apartments create inviting living spaces with a village feel, yet are only situated half-a-mile from Harpenden's vibrant town centre.


Good Connections


With good transport links to London, Luton, Welwyn Garden City and St Albans town, Harpenden is an ideal location for commuting professionals. Harpenden train station is located just 1.2 miles away from the development, with frequent trains into London St Pancras in under 30 minutes. Luton Airport is easily accessible by train (one stop north), or by car in just a 25-minute drive.


The town also offers frequent trains to St Albans, West Hampstead and Bedford. Gatwick airport is easily accessible via Thameslink train, with journeys taking approximately 1 hour and 10 minutes. Frequent buses serve the Harpenden area, surrounding towns and airports, with additional road links via the M1, A1(M) and M25 for those commuting by car. This stunning 2 bedroom contemporary home has everything you need to move straight in. Comes with a good-sized living room, open-plan kitchen/dining room with top spec Symphony Linear Kitchen range and integrated Zanussi appliances. There's 2 double bedrooms on the second floor along with a contemporary bathroom.

Key Features
  • Contemporary Symphony Linear kitchens
  • Glass splashback
  • Integrated Zanussi appliances
  • Carpets and flooring fitted as standard throughout
  • Fitted wardrobes to bedroom
  • Contemporary family bathroom
  • 2 allocated parking spaces
Particulars

Tenure: Leasehold
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Floor Plan Energy Certificate
Video Tour
Map
Harpenden (0.87 miles) Luton Airport Parkway (3.68 miles) Luton Airport (4.72 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£86,250
Shared Ownership New Build
Estimated Monthly Cost:£1,105
Rent £593
Service Charge £69
Mortgage £443

Share percentage 25%, full price £345,000, £4,313 Min Deposit. Calculated using a representative rate of 4.24%


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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.