2 bedroom apartment for sale
Compton Court, Repton Road, SG14 2FW
Share percentage 45%, full price £325,000, £14,625 Min Deposit.
Share percentage 45%, full price £325,000, £14,625 Min Deposit.
Monthly Cost: £1,289
Rent £461,
Service charge £86,
Mortgage £742*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You may be eligible for this property if: You have a gross household income of no more than £90,000 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
A fantastic opportunity to start your home ownership journey with this beautiful two-bedroom home.
Description
This is a fantastic opportunity to start your home ownership journey with this beautiful two-bedroom home. The apartment is situated on third floor flat within a five-storey resale apartment. Situated on the third floor, this apartment boasts a hallway that leads into the spacious kitchen and reception room. With two generously sized double bedrooms and a bathroom, the apartment offers comfort and convenience. Moreover, the kitchen is equipped with modern amenities, including a dishwasher and a fridge freezer, adding to the overall appeal of this space. Hertford is near a bustling market town rich in history, while retaining the captivating allure of a historic riverside village. This is available for Shared Ownership offering a 45% share for a share value of £145,250 with a full market value of £325,000.
Area
The enchanting riverside beckons with opportunities for cycling and leisurely country strolls, ensuring a continuous journey of exploration. Hertford is privileged to stand near established footpaths and towpaths along the meandering River Lea. The town proudly boasts well-appointed parks catering to your every need. Close by is Panshanger Park, a historical Grade II listed expanse adorned with gardens. Hertford is served by two main train stations: Hertford East and Hertford North. These stations offer connections to London and various destinations in the surrounding areas. The stations are well-connected to the local transport network, including bus services.
Key Features
Double Glazing
Dishwasher
Fridge/Freezer
Parking Space
Particulars
Tenure: Leasehold
Lease Length: 121 years
Council Tax Band: B
Map
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 45%, full price £325,000, £14,625 Min Deposit. Calculated using a representative rate of 4.64%