2 bedroom apartment for sale

Under Offer

201 Watling Street, WD7 7AQ

£103,750 · Shared Ownership Resale

Share percentage 25%, full price £415,000, £5,188 Min Deposit.

Under Offer
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Parking
£103,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £415,000, £5,188 Min Deposit.

Monthly Cost: £1,501
Rent £749, Service charge £161, Mortgage £591*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Eligibility
  • 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 (100% ownership).
  • You do not already own a home or you will have sold your current home before you purchase.
  • Priority will be given to people who live or work in Hertsmere Borough Council.


*not limited to

Summary

2 bedroom apartment through Shared Ownership Resale Scheme.

Description

This home is now reserved, please register your interest to be added to the waiting list.

We are pleased to present a 2-bedroom apartment through Shared Ownership Resale Scheme.

This ground floor flat is elevated at the back due to the car park providing a greater sense of security. It comprises 2 great-sized bedrooms, an open-plan living/kitchen area with integrated appliances*, and the main bathroom with a heated towel rail.This home is located on the end/corner of the building benefiting from an additional window in the living/kitchen area.

The home features a private balcony and an allocated parking space in the secure underground car park, the car park also houses several guest spaces; the building also features a very large, shared roof terrace to enjoy in the summer months and an external bin and bike store with a locked gate.

Radlett is a thriving village with a community feel in Hertfordshire; it has several independent shops, restaurants, and other amenities such as a hair salon, coffee shops, pharmacies, and small supermarkets. This thriving village is also five miles from Watford and St. Albans as well as only 17 miles from Central London; the road links are excellent and are within a few short miles to the M1, M25, A1, and the A41. The train station is a two-minute walk from the property and features regular trains direct to Central London in 26 minutes as well as north, direct to London Luton Airport.

Property information:

  • Years remaining on lease: 116
  • Annual service charge: £1,934.00
  • Service charge review period: Annually

*please check with our sales team what appliances are included.

Key Features
  • Allocated underground, secure parking space
  • Several visitor parking spaces
  • Private balcony
  • Access to the communal 3rd-floor roof terrace
  • EPC rating: C
Particulars

Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: D

Property Downloads
Energy Certificate
Map
Radlett (0.05 miles) Bricket Wood (2.17 miles) How Wood (2.45 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.

£103,750
Shared Ownership Resale
Estimated Monthly Cost:£1,501
Rent £749
Service Charge £161
Mortgage £591

Share percentage 25%, full price £415,000, £5,188 Min Deposit. Calculated using a representative rate of 5.26%


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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.