1 bedroom apartment for sale
Willoughby Road, AL5 4PD
Share percentage 25%, full price £345,000, £4,313 Min Deposit.
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
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
Final 2 homes remaining at Roan Place! This stunning 1 bedroom home has everything you need to move straight in. Comes with a ample-sized living/kitchen/dining room with integrated Zanussi appliances.
Description
Final 2 homes remaining at Roan Place
This stunning first floor 1 bedroom home has everything you need to move straight in. Comes with a good-sized living room/kitchen/dining room with top spec Symphony Linear Kitchen range and integrated Zanussi appliances.
Shared Ownership Cost Breakdown - 25% Share
* Full market value = £345,000
* Example 25% share price = £86,250
* Rent = £592.97pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £69.23pcm
Shared Ownership Cost Breakdown - 40% Share
* Full market value = £345,000
* Example 40% share price = £138,000
* Rent = £474.38pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £69.23pcm
Shared Ownership Cost Breakdown - 75% Share
* Full market value = £345,000
* 75% share price = £258,750
* Rent = £197.66pcm (charged at 2.75% of the unsold equity)
* Estimated service charge = £69.23pcm
About Roan Place
A collection of beautifully designed 1 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 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.
Financials
Length of lease: 125 years
Annual service charge: £830.71
Service charge review period: Yearly
Council tax band: (D £1,949.15)
As a shared owner, you’ll pay rent for the percentage of the property that you don’t yet own. Every year, we calculate your new rent and will write to you to confirm what your new rent will be. Depending on your new home, you’ll also pay a service charge. This covers a proportion of the cost for the services, management and maintenance of the your building and development where you live. Your lease will detail what’s down to you in terms of repairing and maintaining your home. To find out more visit https://www.chg.org.uk/your-home/shared-ownership/living-in-your-shared-home/ and speak to our sales team.
Show home indicative only
Key Features
- Contemporary Symphony Linear kitchens
- Glass splashback
- Integrated Zanussi appliances to include electric hob, single oven, extractor hood, fridge/freezer, washing machine and dishwasher
- Carpets and flooring fitted as standard throughout
- Fitted wardrobes to bed 1
- Contemporary family bathroom
- 1 allocated parking spaces
Particulars
Tenure: Leasehold
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan Energy CertificateVideo Tour
Map
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 £345,000, £4,313 Min Deposit. Calculated using a representative rate of 4.24%
