1 bedroom apartment for sale
Wellsfield, , WD23 2NX
Share percentage 25%, full price £265,000, £6,625 Min Deposit.
Share percentage 25%, full price £265,000, £6,625 Min Deposit.
Monthly Cost: £1,019
Rent £552,
Service charge £131,
Mortgage £336*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Bushey, Hertfordshire
Description
One-bedroom apartment in Bushey is available for shared ownership. The ground-floor property comprises a lounge area with space for a dining table, a large bedroom with built-in wardrobe, and a bathroom with a shower over the bath. The property also includes parking spaces.
Minimum income required: £29,187
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £66,250 for 25% share based on the marketing figure of £265,000.
SO Resi Monthly Payment - £551.62
Monthly Service Charge - £130.98
Total Monthly Charge - £682.60 plus mortgage required for 25% share.
Read more about our Covid-19 update: https://soresi.co.uk/covid-19-message-resales/
Layout and dimensionsThe property is approximately 67m2.
EPC ratingEnergy Rating Band - E
Environmental Impact Band - E
All room dimensions approximate
Please note figures given for SO Resi monthly payment and service charge are correct at the time of marketing. There is an annual increase that takes place. Please refer to Resale Team for up-to-date information.
Key Features
- One bedroom
- Ground floor
- Allocated parking
- Double glazed
- Good access to local amenities
- Available for 25% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 25%, full price £265,000, £6,625 Min Deposit. Calculated using a representative rate of 4.64%
