1 bedroom apartment for sale
Navigation Drive, Ware, SG12 9FP
Share percentage 25%, full price £260,000, £3,250 Min Deposit.
Share percentage 25%, full price £260,000, £3,250 Min Deposit
Monthly Cost: £969
Rent £481,
Service charge £126,
Mortgage £362*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in East Herts, Hertfordshire
Description
Bright and modern one-bedroom apartment now available in Ware, Hertfordshire through Shared Ownership.
The apartment comprises an open plan living room with a kitchen, one bedroom, one bathroom and a southwest facing balcony accessible through the living room.
The property is on the third floor of a recently constructed building (circa 2020.), allowing residents access to the shared garden area.
The property also offers resident parking.
Available for £65,000 for 25% share based on the marketing figure of £260,000.
Monthly rent - £481.04
Monthly Service Charge - £126.20
Total Monthly Charge - £607.24 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property is situated in a residential area with a variety of local amenities, such as local supermarkets, gyms, and healthcare facilities just under 3 miles from the property.
Green spaces such as Ware Priory Gardens and Christ Church Playing Fields provide opportunities for outdoor activities. Families benefit from proximity to local schools such as Christ Church Primary School, which is around 5 minutes away, and Presdales School, reachable in approximately 10 minutes. Most amenities are accessible within a 5 to 10 minute drive.
Nearby shopping centres, including those in Hertford and Harlow, offer a range of retail and dining options within a 10 to 15 minute drive.
Ware Railway Station offers direct services to London Liverpool Street in approximately 45-50 minutes. The A10 and M25 motorways provide convenient road connections to London and other major cities.
EPC ratingEnergy rating band - B
Environmental rating band - 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
- One-bedroom apartment
- Southwest facing balcony
- Shared garden
- Resident parking
- 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 25%, full price £260,000, £3,250 Min Deposit. Calculated using a representative rate of 5.03%