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1 bedroom apartment for sale

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18 The Gade, Augustus Way, HP1 1DP

£245,000 · Shared Ownership New Build

Share percentage 100%, full price £245,000, £24,500 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£245,000 Shared Ownership New Build

Share percentage 100%, full price £245,000, £24,500 Min Deposit

Monthly Cost: £1,651
Rent £281, Service charge £154, Mortgage £1,216*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

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Summary

Solo Homes is pleased to offer this modern 1 bedroom apartment at The Gade, Hemel Hempstead. Available on a shared ownership basis, this is a great way to make your next home purchase more...

Description

Solo Homes is pleased to offer this modern 1 bedroom apartment at the sought-after development of The Gade, Hemel Hempstead. Available on a shared ownership basis, this is a great way to make your next home purchase more affordable. The Gade was built in 2021 and is a collection of contemporary apartments located within walking distance of the heart of Hemel Hempstead.

Property Specification

Kitchen

- Contemporary fitted kitchen units with worktop and upstands

- Integrated fridge/freezer

- Washer/dryer located in cupboard space in hall

- Built-in electric oven and hob

- Stainless steel cooker hood

- Stainless steel splashback to hob

- Novillon Aquagrip vinyl flooring

- 1 1⁄2 bowl sink

Interiors

- Carpet to all living areas

- Smoke alarm

- Carbon monoxide detector

- Under floor heating

- Communal heating and hot water system fed from gas boilers in the plant room

- Phone sockets in living room and bedroom 1

- Built-in double wardrobe to bedroom 1

Bathroom

- White bathroom suite

- Heated towel rail

- Glass shower screen

- Electric shower over bath

- Full height tiling to all sides of bath

- Basins to be provided with two courses of tiles as splashback

- Novillon Aquagrip vinyl flooring

Exteriors

- Composite windows

- Communal TV aerial and satellite dish

- Sky Q cabling infrastructure but residents will need to arrange subscription with Sky

- 1 allocated parking space

- 125 year lease from 2021

- NHBC warranty

Local Area

London Euston is just 30 minutes away by train from Hemel Hempstead station. Sitting on the West Coast main line, there are also quick connections to Milton Keynes, where you can change for services across the country. The town is close to the M1, which provides quick links into London and the M25, Luton Airport and Heathrow.

Shared Ownership

The full market value of this property is £245,000, with different share amounts available from 50% subject to affordability. Based on a 50% share there is a monthly rent of £280.73, and a monthly service charge of £154.29. Interested parties are requested to complete a short financial assessment prior to application.

Key Features
  • 1 Bedroom Modern Apartment
  • 125 Year Lease From 2021
  • Available on Shared Ownership
  • Allocated Parking Space
  • Walking Distance to Town Centre
  • Contact Us Today For More Information
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Hemel Hempstead (1.10 miles) Apsley (1.57 miles) Kings Langley (3.66 miles)
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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£245,000
Shared Ownership New Build
Estimated Monthly Cost:£1,651
Rent £281
Service Charge £154
Mortgage £1,216

Share percentage 100%, full price £245,000, £24,500 Min Deposit. Calculated using a representative rate of 4.42%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.