1 bedroom apartment for sale

Available

1 Maylands View @ Maylands Plaza, Wood Lane End, HP2 4RF

£125,000 · Shared Ownership New Build

Share percentage 50%, full price £250,000, £12,500 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£125,000 Shared Ownership New Build

Share percentage 50%, full price £250,000, £12,500 Min Deposit.

Monthly Cost: £998
Rent £286, Service charge £67, Mortgage £645*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

£
Summary

Solo Homes are pleased to offer this BRAND NEW 1 bedroom apartment at the much sought after Maylands Plaza development, located just outside Hemel Hempstead town centre. Available on a shared...

Description

Solo Homes are pleased to offer this BRAND NEW 1 bedroom apartment at the much sought after Maylands Plazadevelopment, located just outside Hemel Hempstead town centre. Available on a shared ownership basis, this is a great way to make your next home purchase more affordable. Maylands Plaza is ideally situated for commuting and leisure on the edge of Hemel Hempstead, with a range of schools and plentiful amenities and leisure pursuits. Bordering the Chiltern Hills, yet with London under half an hour away by rail, we believe you'll find the perfect balance of work, relaxation and play.

PROPERTY SPECIFICATION

Kitchen



- Contemporary fitted kitchen units with worktops

- Integrated washer dryer, fridge freezer and dishwasher

- Built-in electric oven and hob

- Stainless steel extractor hood

- Splashback to hob

- 1 ½ bowl stainless steel sink with drainer

- Amtico vinyl flooring

Bathroom

- White bathroom suite

- Chrome heated towel rail

- Glass shower screen

- Thermostatic shower over bath

- Shaver socket

- Full height tiling around bath and splashback to appliance wall

- Amtico vinyl flooring



Interiors


- Carpet to all living areas

- Smoke detector

- Air source heat pump heating system

- BT phone socket to living room and bedroom 1

- TV point to living room and bedroom 1

- Fitted wardrobe to bedroom 1

- 2 communal lifts



Exteriors


- Double glazed UPVC windows

- Sky Q cabling

- One allocated parking space

- 990 year lease

- LABC warranty



Location


Nestling in a low chalkland valley, Hemel Hempstead is a thriving centre for retail, leisure and business, within easy reach of the M1, M25 and central London.

From Maylands Plaza you will find your local Tesco Express, coffee and sandwich shops and an Aldi, amongst other local services, within a few minutes walk.

All your favourite high street brands can be found in the Riverside and The Marlowes shopping centres, while Hertfordshire's other desirable settlements like St Albans and Berkhamsted, are close by. The town has many well regarded bars and bistros to spoil you for choice when dining out.

Shared Ownership

The full market value of this property is £250,000, with shares available from 50% subject to affordability. Based on a 50% share there is a monthly rent of £286.46, and a monthly service charge of £66.87. Interested parties are requested to complete a short financial assessment prior to application.

*Please note, the video tour is of a 1 bedroom apartment at Maylands Plaza from phase 1, but it shows the specification and finish you can expect in these new homes.

Key Features
  • 1 Bedroom Apartment
  • Available on Shared Ownership
  • Brand New Development
  • Close To Town Center
  • Allocated Parking
  • Call Now For More Information
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Apsley (2.24 miles) Hemel Hempstead (2.72 miles) Kings Langley (3.67 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.

£125,000
Shared Ownership New Build
Estimated Monthly Cost:£998
Rent £286
Service Charge £67
Mortgage £645

Share percentage 50%, full price £250,000, £12,500 Min Deposit. Calculated using a representative rate of 4.80%


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.