£100,000

This bright, well-presented two bedroom duplex is now available in Hertfordshire through Shared Ownership.

The property on the ground floor comprises an entrance hallway, a living room, and a fitted kitchen combined with a dining space. On the first floor, there are two bedrooms and a bathroom.

Outside, there are two allocated parking spaces and a private garden area with a patio.

The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.

Available for £100,000 for 25% share based on the marketing figure of £400,000.

Monthly rent - £960.23
Monthly Service Charge - £75.68
Total Monthly Charge - £1,035.91 plus mortgage required for 25% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

The property is located in a residential area surrounded by green spaces, including Shenley Park.

The property is approximately 1 mile north of Shenley town centre and benefits from excellent road links via the M25, making travel convenient. Additionally, the nearest bus stop just a 3 minute walk away.

For rail connections, Radlett Station is only 1.4 miles away, offering Thameslink services, while How Wood Station is 2.8 miles away with West Midlands Railway services.

The nearest supermarket just a 9 minute walk or a quick 3 minute drive. There are also several schools within a 10 minute drive, making this location ideal for families with small children.

Energy rating band - C

Environmental impact band - C

Years remaining on lease: 76

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.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.