1 bedroom apartment for sale
Navigation Drive, Ware, SG12 9FP
Share percentage 35%, full price £235,000, £4,113 Min Deposit.
Share percentage 35%, full price £235,000, £4,113 Min Deposit.
Monthly Cost: £1,015
Rent £406,
Service charge £140,
Mortgage £469*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Ware, East Hertfordshire
Description
Beautiful, modern one-bedroom apartment in the heart ofWare available for Shared Ownership. The property comprises a fitted kitchen with appliances, lounge with balcony access, entrance with storage, large bedroom, and bathroom with shower over bath. The property also comes with an allocated, off-street parking space and a communal garden. A fantastic apartment that would be perfect for a couple or a single person.
KIDS Document
Minimum income required: £32,618
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 5%.
Available for £82,250 for 35% share based on the marketing figure of £235,000.
Monthly rent - £405.79
Monthly Service Charge - £140.20
Total Monthly Charge - £545.99 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe apartment is located close to the Ware town center which is 2.5 miles east of Hertford. The apartment is close to local amenities including Tesco Superstore, pubs, Asda superstore, great schools, and other great amenities.
The area benefits from the main road links of the A10 and A414. There are 11 schools within 1 mile. The nearest tube/train stations are Ware (0.3 miles), St. Margarets (Herts) (1.9 miles), and Hertford East (2.2 miles).
EPC ratingEnergy Rating Band - B
Environmental Impact Band - B
The gross internal floor area amounts to approx. 39m².
The accommodation comprises:
• entrance hall
• open plan kitchen, lounge, and dining room leading to the balcony
• 1 bedroom
• bathroom with integral bath/shower
The apartment is presented in good condition and the decoration was good. The flooring is neutral throughout. All windows are double-glazed uPVC casements. The west facing balcony measures 3m x 1m.
Outside
The apartment has an off-street parking space and shared garden area.
The external condition of the building is good.
Years remaining on lease: 121
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- One bedroom
- Balcony
- Allocated, off-street parking space
- Communal gardens
- Close to local amenities including Tesco Superstore
- Short walk to Ware station
- Available for 35% 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 35%, full price £235,000, £4,113 Min Deposit. Calculated using a representative rate of 5.26%
