1 bedroom apartment for sale

Available

Whitley Court, Newsom Place, AL1 3GL

£160,000 · Shared Ownership Resale

Share percentage 50%, full price £320,000, £8,000 Min Deposit.

Available
1 bedroom
1 Bathroom
Parking
£160,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £320,000, £8,000 Min Deposit.

Monthly Cost: £1,360
Rent £281, Service charge £222, Mortgage £857*

Calculated using a representative rate of 4.64%

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

One bedroom flat with allocated parking for one vehicle in the underground car park. Access to on site gym (additional charges may apply)

Description

Open plan kitchen living room

Bathroom with modern suite

Double bedroom

Access to on site gym (additional charges may apply)

The property benefits from an energy efficient heat and hot water central heating system

The property is located within walking distance of the town centre and the railway station

Particulars

Tenure: Leasehold
Council Tax Band: C

Property Downloads
Key Information Document Energy Certificate
Map
St Albans (0.31 miles) St Albans Abbey (0.90 miles) Park Street (2.01 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.

£160,000
Shared Ownership Resale
Estimated Monthly Cost:£1,360
Rent £281
Service Charge £222
Mortgage £857

Share percentage 50%, full price £320,000, £8,000 Min Deposit. Calculated using a representative rate of 4.64%


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.