2 bedroom apartment for sale
Tippen Court, Bucknall Place, WD19 7EH
Share percentage 25%, full price £350,000, £4,375 Min Deposit.
Share percentage 25%, full price £350,000, £4,375 Min Deposit.
Monthly Cost: £1,455
Rent £794,
Service charge £162,
Mortgage £499*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
- Priority for affordable housing is given to members of the armed forces.
- Minimum deposit requirement 5-10% (dependant on lender).
- Total household income must be under£80,000 – This is based on all members of the household aged 18 and older whether they have joined the application or not.
- Applicants are assessed and considered on a first come first serve basis.
- Applicants that currently own a property must have a sale agreed on their current property before they can be considered.
- Applicants must not currently own a home anywhere in the world, unless a court order forces them to remain on the deed of a property where their children reside.
- Applicants must be unable to afford to buy a property suitable for their family size on the open market.
- The Shared Ownership home they are looking to buy must be their principle or only home and they may not sublet all or part of it.
- Applicants must be financially able to buy the property and pass a financial assessment and secure a mortgage if applicable.
- Applicants should also be a British or EU/EEA citizen, or have indefinite leave to remain, Customers who have indefinite leave to remain who are interested in buying a home must be able to demonstrate that they are able to raise a mortgage with an acceptable lender.
Summary
Modern two bedroom apartment in Watford.
Description
This light and airy apartment offers both space and style with its modern interior and two double bedrooms. Partially owned by Home Group, this shared ownership apartment was newly built in 2018 and comes with 4 years remaining on the NHBC warranty. The open plan living/kitchen area benefits from double aspect windows and access to a private balcony. This home also benefits from lift access, allocated parking and a long lease of 243 years remaining.
Please note, the guide price represents a 25% share of the property. The service charge and rent shown represent the charges payable from 1st April 2024.
Key Features
- Private balcony
- Allocated parking
- NHBC Warranty still valid
- Top floor with lift
- Long lease
- Close to station
Particulars
Tenure: Leasehold
Lease Length: 243 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Brochure Energy CertificateVirtual Tour
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 25%, full price £350,000, £4,375 Min Deposit. Calculated using a representative rate of 5.26%
