2 bedroom apartment for sale

Available

Compton Court, Repton Road, SG14 2FW

£146,250 · Shared Ownership Resale

Share percentage 45%, full price £325,000, £14,625 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
£146,250 Shared Ownership Resale · Eligibility Eligibility

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

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Eligibility

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
Hertford North (0.67 miles) Hertford East (1.38 miles) Ware (3.20 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.

£146,250
Shared Ownership Resale
Estimated Monthly Cost:£1,289
Rent £461
Service Charge £86
Mortgage £742

Share percentage 45%, full price £325,000, £14,625 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.