Share Price £337,500 (from 75% Min. Share)

Full Value £450,000 | £16,875 Min. Deposit

Scheme: Over 55's Shared Ownership

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Maryland Place, St Albans - 2 bed apartment in St Albans - Hertfordshire

place Maryland Place, Townsend Drive, AL3 5RQ

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Shared Ownership exclusively for the over 55's - no rent if you purchase 75%!


Eligibility

Applicants over 55 years of age


Priority given to those with a local connection to St Albans


Description

Five, two bedroom apartments for Shared Ownership and exclusively available for the over 55's coming soon to Maryland Place, St. Albans. Previously a former Convent on Townsend Drive in the popular city of St. Albans.

These stunning apartments will be available in Spring / Summer 2019.

Maryland Place, St. Albans is an attractive new development located in the heart of thriving St. Albans.

The historic city centre with its attractive streets provides a great shopping experience, along with fantastic range of restaurants and entertainment venues.

St. Albans offers excellent transport links with London's St. Pancras just 20 minutes away on the mainline train, and the local bus network connecting the city to North London, Welwyn Garden City, Hatfield, Luton and Watford.

Shares available from 50% - 75%. If you purchase the maximum 75% share, there is no rent payable on the remaining equity!


Key Features

Allocated Parking

Kitchen

A range of integrated appliances including oven, hob, extractor hood, fridge/freezer
Stainless steel sink and mixer taps

Bathroom

Contemporary white sanitary ware
Chrome fitted towel rail
Glass fitted shower screen
Chrome mixer shower taps
Bespoke bathroom mirror
Ceramic wall tiling

Laundry cupboard with fitted washer/dryer and additional cupboard for storage.

Fitted wardrobe to master bedroom.


Download Documents

Link to the floor plan Property brochure 1 Property price list Energy Certificate

Accessibility

C – Lifetime Homes

Meets the space standards of the Lifetime Homes developed by the Joseph Rowntree Foundation. Designed to meet the space standards of Lifetime Homes. Main features include a level approach/entrance and wider doorways. This category will capture all new general needs housing built to Lifetime Homes standards. Properties achieving this category will not necessarily meet all Lifetime Homes design guidance as the LAHR framework does not assess features other than space and access. Properties may have an internal flight of stairs. If so, these will be wide enough to accommodate future provision of a stair lift subject to technical feasibility.


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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.