1/9
£86,000
This superb modern home is available to buy from as little as £86,000 with a 40% share!
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value.
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £215,000 and a purchaser would not need to meet the eligibility criteria listed above.
Shared Ownership
This superb modern home is available to buy from as little as £86,000 with a 40% share!
This bright and modern one bedroom second floor apartment is presented in excellent order and features a spacious open plan kitchen/living area, a generous double bedroom and a contemporary bathroom. Benefits include an allocated parking space, access to communal gardens, and good storage throughout.
Ideally located in Welwyn Garden City, close to Stanborough Park, The Howard Centre, and local supermarkets. Excellent travel connections via Welwyn Garden City Station (London King’s Cross in ~30 mins) and easy access to the A1(M) and M25.
Local Area Highlights
Welwyn Garden City blends the charm of a garden town with the convenience of modern living. Bessemer Road is ideally located to take advantage of everything this area has to offer:
• The Howard Centre – Just over a mile away, this indoor shopping mall features popular high street brands, cafés, and essential services.
• Stanborough Park & Lakes – A local gem for nature lovers, with scenic walking trails, rowing, sailing, and picnic areas.
• Gosling Sports Park – A multi-sport complex offering a gym, athletics track, indoor tennis, dry ski slope, and spa.
• Shops & Supermarkets – Nearby options include Waitrose, Lidl, Aldi, and Sainsbury’s, all within easy reach for daily needs.
• Local Eateries & Pubs – A mix of independent cafés, takeaways, and traditional pubs in the town centre.
• Healthcare & Schools – Close to doctors’ surgeries, pharmacies, and a selection of well-rated primary and secondary schools.
Travel & Commuting
Welwyn Garden City is exceptionally well connected for both commuters and leisure travel:
• Welwyn Garden City Station – Approximately 1 mile away
o Direct trains to London King’s Cross in around 30 minutes
o Services also run to Moorgate, Stevenage, Hitchin, and Cambridge
• A1(M) – Just a short drive away, providing quick access to:
o Hatfield, St Albans, Stevenage, and the M25
• Local Buses – Regular services to surrounding areas such as Hatfield, Hertford, and Welwyn Village.
• Cycling & Walking – The area is very walkable and features dedicated cycling routes for eco-friendly commuting.
PRICING & AFFORDABILITY
Full Market Value: £215,000
40% Share Price: £86,000 (rent £445.95pcm)
Minimum 5% Mortgage Deposit (% share): £4,300
Approximate Service Charges: £139.16pcm*
Shared Ownership Lease: approx. 116 years
Council Tax Band: B
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership