1 bedroom apartment for sale

Under Offer

Willoughby Road, AL5 4PD

£86,250 · Shared Ownership New Build

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

Under Offer
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

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 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.

Read More Read Less
  • 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.