1 bedroom apartment for sale
Loweswater Close, WD25 0TX
Share percentage 40%, full price £234,000, £9,360 Min Deposit.
Share percentage 40%, full price £234,000, £9,360 Min Deposit.
Monthly Cost: £1,096
Rent £545,
Service charge £76,
Mortgage £475*
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 desirable one-bedroom resale apartment is now available through Shared Ownership in Watford Hertfordshire.
Description
A desirable one-bedroom resale apartment is now available through Shared Ownership in Watford Hertfordshire. The resale apartment is now available through Shared Ownership, for £93,600 for a 40% share with a full market value of £234,000. This ground-floor apartment is perfectly placed in this sought-after area which is extremely popular with residents and in close proximity to everything you might need. The apartment has a welcoming entrance hallway which leads on to an open plan kitchen / lounge area and one bathroom. There is a good size double bedroom with grey fitted carpet, furthermore there is a shared garden for relaxing during the warmer months. Overall, the gross internal area of the property is 48m² and the apartment benefits from PVCu double glazed windows to help keep the apartment warm during the winter months and the apartment also comes with a parking space.
Local Area
Garston has excellent road links, as it is within easy and convenient reach of the M1, M25 and A41 motorways. Garston train station is close by and is operated by London Northwestern railway. Just outside the station the bus 635 provides connections to Watford, Hatfield, Stevenage and Hitchin. Fitness enthusiasts will appreciate the amenities offered at Watford Leisure Centre - Woodside on Horseshoe Lane, boasting top-notch sports facilities, including two pools, a well-equipped gym, and versatile exercise studios. Additionally, the centre features a squash court and a multipurpose hall ideal for table tennis, badminton, and five-a-side football.
One of the area's major attractions is Garston Park - half of which is a nature reserve. The park itself covers 6.4 hectares and includes woodland, grassland and wetland. It is also inhabited by a variety of wildlife, such as red foxes, woodpeckers and butterflies. For entertainment beyond the greenery, residents can explore Woodside Leisure Park, home to a Vue cinema and Hollywood Bowl, complete with 10-pin bowling lanes. Afterward, they can unwind at the park's bar or café or enjoy some arcade fun.
Key Features
• kitchen / lounge area
• Internal area of the property is 48m²
• Double glazed windows
• Parking space
• Double bedroom
Particulars
Tenure: Leasehold
Lease Length: 107 years
Council Tax Band: Not specified
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 40%, full price £234,000, £9,360 Min Deposit. Calculated using a representative rate of 4.64%
