1 bedroom apartment for sale
30 Regents House, HP3 9GP
Share percentage 40%, full price £275,000, £11,000 Min Deposit.
Share percentage 40%, full price £275,000, £11,000 Min Deposit.
Monthly Cost: £1,057
Rent £420,
Service charge £79,
Mortgage £558*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Spacious and high specification third floor one bedroom apartment in immaculate condition, within this popular development
Description
A spacious and high specification third floor one bedroom apartment in immaculate condition, within this popular development, constructed in 2021, just a short walk from Apsley mainline train station.
Now available as Shared Ownership & Out--Right Sale.
This property comprises of an open-plan kitchen / living room, one double bedroom and a bathroom. The kitchen comprises a range of wall and base units, a stainless-steel sink / drainer, an integrated oven with induction hob and spaces for other appliances. A door off the living area provides access onto a balcony overlooking the communal garden.
The property benefits a large & bright bedroom space, with lots of space for storage. The lovely bathroom is fitted a white suite, comprising pedestal wash handbasin, WC and a bath with a shower screen. An additional utility room is also included within the property.
The building is situated adjacent to the Grand Union Canal. A modern residential development in the area of Apsley to the south-west of Hemel Hempstead. approximately one mile from the town centre, while the nearest mainline railway station is Apsley, which is approximately 15 minutes' walk away and provides a regular train service into London and Milton Keynes.
Affordability
Property Value: £275,000
Share %: 40%
Share Value £: £110,000
Monthly Rent: £419.51 ( Based on the share amount not owned)
Monthly Service Charge: £78.96
Lease term remaining: 125 years from 2020
ELIGIBILITY
You must be at least 18 years old.
Outside of London your annual household income must be less than £80,000.
You cannot own another home. Shared Ownership purchasers are often first-time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it.
You should not be able to afford to buy a home suitable for your housing needs on the open market.
You must show you are not in mortgage or rent arrears.
You must be able to demonstrate that you have a good credit history.
Particulars
Tenure: Leasehold
Lease Length: 121 years
Council Tax Band: C
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 £275,000, £11,000 Min Deposit. Calculated using a representative rate of 4.64%
