1/14
£110,000
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
This 2 Bedroom 1st floor apartment is situated in Arlesey and is available to purchase through the Shared Ownership scheme.
Full Market Value: £220,000
Share Available: £110,000
Monthly Rent: £324.19
Monthly Service Charge: £100.17
Remaining Lease Term: 81
About the Property
An entrance hall with cupboard space
Kitchen
Sitting/ dining room
Bedroom 1
Bedroom 2
Bathroom
About the Area
With a lovely village feel to it, Arlesey is a small town and civil parish in Bedfordshire. It’s close by to the A1 and nearby to areas such as Hitchin, Hertfordshire, Bedford, and Milton Keynes. Arlesey is popular among commuters, with a railway station providing travel to London, Stevenage and Peterborough.
Arlesey offers local amenities including post offices, local convenience stores, hairdressers/barbers, dog grooming, restaurants and takeaways, pubs, and a local football club. There is also a range of activities to take part in at the local village hall throughout the week, as well as a community centre for children, with large playing fields and facilities such as tennis courts and a BMX/skatepark.
Shared Ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. This property has a share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.
*Properties are offered as leasehold.
**Some properties are restricted to the level of share you can purchase.
Disclaimer
The information provided by Domovo, the sales and marketing brand for bpha, is prepared as a general guide only and should not be relied upon as a basis to enter into a legal contract or to commit expenditure. All measurements are approximate. Floorplans are for illustration purposes only. Photographs/CGIs provided are for guidance only and may not reflect items included in the property sale. Any interested party is advised to check the measurements and to consult their own surveyor, solicitor and/or other professionals before committing themselves to any expenditure or other legal commitments.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.
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.
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