2 bedroom apartment for sale
Flat 6 Wilson Court, Picking Close, EN11 8GH
Share percentage 35%, full price £325,000, £11,375 Min Deposit.
Share percentage 35%, full price £325,000, £11,375 Min Deposit.
Monthly Cost: £1,177
Rent £486,
Service charge £104,
Mortgage £587*
Calculated using a representative rate of 4.80%
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 a first-time buyer or a existing shared owner in the process of selling.
- 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.
- Have a living or working connection to The Borough of Broxbourne.
Summary
2 Bedroom Apartment
Description
Paradigm are pleased to offer 8 new build apartments to the market, under the Shared Ownership Scheme. Located in the lovely Hertfordshire town of Hoddesdon & ideally situated just off the A10, just a short drive into the centre of Hoddesdon with a range of local amenities..
Due to varying stages of construction, photographs may be of similar properties and are intended to give an idea of the finish of the properties being built.
Share available 35%-75% depending on affordability.
A living or working connection to the Borough of Broxbourne is required.
Key Features
- White bathroom suite with thermostatic shower
- Carpet throughout bedrooms
- Tiled flooring in bathroom & vinyl to living / dining / kitchen & hallway
- Fully fitted kitchen with oven and hob, washer drier, fridge freezer & dishwasher
- Gas central heating
- 2 parking spaces
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Brochure Price List Energy CertificateMap
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 £325,000, £11,375 Min Deposit. Calculated using a representative rate of 4.80%
