2 bedroom apartment for sale
Coddington Close, Ware, SG12 9FN
Share percentage 30%, full price £335,000, £5,025 Min Deposit.
Share percentage 30%, full price £335,000, £5,025 Min Deposit
Monthly Cost: £1,387
Rent £673,
Service charge £154,
Mortgage £560*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Ware, Hertfordshire
Description
Bright and modern two-bedroom apartment now available in Ware, Hertfordshire through Shared Ownership.
The property features an open plan living room with a modern kitchen, two bedrooms, one bathroom and a private balcony which is accessible through the living room.
The apartment is on the third floor of a recently constructed building (circa.2021); it also offers residents access to a shared garden.
Available for £100,500 for 30% share based on the marketing figure of £335,000.
Monthly rent - £673.48
Monthly Service Charge - £154.08
Total Monthly Charge - £827.56 plus mortgage required for 30% share.
An annual rent increase takes place every April
LocationThe property sits in a well connected area close to Ware town centre, offering lots of local amenities within a short distance. Ware town centre, just a 5-minute drive away, provides supermarkets, retail stores, and dining options. Local gyms are also reachable within 10 minutes while local parks are only 7 minutes away.
There are a variety of options for local schools, only 8 minutes away, while healthcare facilities are reachable within 12 minutes.
Ware train station is just a 4-minute walk away, offering direct services to London Liverpool Street in approximately 50 minutes.
EPC ratingEnergy rating band - B
Environmental impact rating - B
Lease informationYears remaining on lease: 120
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
- Private balcony
- Central London >1hr
- Access to shared garden
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 30%, full price £335,000, £5,025 Min Deposit. Calculated using a representative rate of 5.03%
