£94,000

This bright, modern one bedroom flat is now available in Hemel Hempstead through Shared Ownership.

The property on the ground floor comprises an entrance hall, kitchen, lounge and dining room, one bedroom and a bathroom.

Outside, there are two allocated off-street parking spaced and access to communal garden areas.

Available for £94,000 for 40% share based on the marketing figure of £235,000.

Monthly rent - £577.40
Monthly Service Charge - £102.26
Total Monthly Charge - £679.66 plus mortgage required for 40% 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 situated 2.0 miles from the centre of Hemel Hempstead and adjacent to Aplsey Lock with access to the canal tow path.

The nearest train stations are Apsley (0.2 miles) which connects to London Euston, Hemel Hempstead (1.5 miles) and Kings Langley (2.0 miles).

A large supermarket and retail park are within 9-12 minute walk.

The A41 trunk road is approximately 0.5 miles away which gives access to the M25. Junction 8 of the M1 is approximately 3.0 miles distant. London Luton Airport is approximately 25 miles distant.

In addition, there are good leisure/recreational facilities around the local area including Jarman Square - a complex which comprises a cinema, bars/restaurants, a gym, and an activity centre offering climbing and a skate park nearby.

Energy rating band - C

Environmental impact band - C

Years remaining on lease: 166

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.