2 bedroom apartment for sale
Pepys Court, Colthurst Gardens, EN11 0GD
Share percentage 60%, full price £237,500, £7,125 Min Deposit.
Share percentage 60%, full price £237,500, £7,125 Min Deposit.
Monthly Cost: £1,335
Rent £368,
Service charge £155,
Mortgage £812*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Hoddesdon, Hertfordshire
Description
Traditional & bright two-bedroom apartment now available in Hoddesdon, North London, through Shared Ownership.
The property comprises a living room, a separate fitted kitchen, and two large bedrooms. This could be ideal for a small family or a couple.
The flat is on the ground floor of a brick-built apartment block. It has a communal parking space and shared gardens.
Available for £142,500 for 60% share based on the marketing figure of £237,500.
Monthly rent - £368.47
Monthly Service Charge - £155.42
Total Monthly Charge - £523.89 plus mortgage required for 60% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area and is close to Hoddesdon's town centre, just a few minutes away. The railway station is just around the corner, only a few minutes walk away, where a direct train can lead to Liverpool Street, in Central London, in just 40 minutes.
Road travel is also convenient, thanks to the A10 and A414 highways, less than 10 minutes away by car.
All amenities are nearby, with more pubs, restaurants and shops in Huddesdon.
There are also several schools in the area, many of which are within walking distance.
EPC ratingEnergy rating band - C
Environmental impact band - C
Gross internal floor area: 52 m²
Living room: 4.83 x 2.92 m
Kitchen: 3.05 x 1.70 m
Bedroom 1: 3.56 x 1.98 m
Bedroom 2: 3.58 x 3.05 m
Years remaining on lease: 102
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Two-bedroom apartment
- Ground floor
- Communal parking and gardens
- Great transport links
- Available for 60% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 60%, full price £237,500, £7,125 Min Deposit. Calculated using a representative rate of 5.26%