1 bedroom apartment for sale
Huntington House, Broadwater Road, AL7 3FG
Share percentage 55%, full price £270,000, £7,425 Min Deposit.
Share percentage 55%, full price £270,000, £7,425 Min Deposit
Monthly Cost: £1,269
Rent £335,
Service charge £127,
Mortgage £807*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Welwyn Garden City, Hertfordshire
Description
Bright and modern one-bedroom apartment now available in Hertfordshire through Shared Ownership.
The property features an open plan living room, with a modern fitted kitchen, one bedroom and one bathroom.
The apartment is on the first floor, offering residents a balcony which can be accessed through the living and bedroom.
Available for £148,500 for 55% share based on the marketing figure of £270,000.
Monthly rent - £334.59
Monthly Service Charge - £126.89
Total Monthly Charge - £461.48 plus mortgage required for 55% share.
An annual rent increase takes place every April
LocationThe property sits in a residential area in Welwyn Garden City, a charming town in Hertfordshire. The area offers a range of amenities, including Peartree Primary School and Ridgeway Academy within a mile, making it ideal for families.
Healthcare facilities are conveniently close, with Peartree Lane Surgery and New QEII Hospital under 2 miles away. For shopping, residents have access to local supermarkets and retail stores, ensuring daily essentials are within easy reach.
Welwyn Garden City Rail Station is less than a mile away, providing direct connections to London King's Cross in approximately 30 minutes.
EPC ratingEnergy rating band - B
Environmental impact band - B
Lease informationYears remaining on lease: 988
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
- Central London in 30 min
- Balcony
- Local amenities nearby
- Available for 55% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
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 55%, full price £270,000, £7,425 Min Deposit. Calculated using a representative rate of 4.78%