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£94,000
This superb modern home is available to buy from as little as £94,000 with a 40% share!
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
** This home can also be purchased outright (100% of the value) which is £235,000 and a purchaser would not need to meet the eligibility criteria listed above.
Shared Ownership
This superb modern home is available to buy from as little as £94,000 with a 40% share!
Positioned on the second floor of a well-located development on Broadwater Road, this bright and well-planned apartment offers comfortable, contemporary living in the heart of Welwyn Garden City.
The property opens into a welcoming entrance hall with a useful built-in storage cupboard, providing practical space to keep everyday items neatly tucked away. From here, the home flows into a spacious open-plan kitchen and reception area designed for both relaxing and entertaining. The kitchen is neatly arranged with ample worktop and storage space, while the reception area easily accommodates dining and lounge furniture. A door leads directly out to a private balcony — an ideal spot for morning coffee or unwinding in the evening.
The bedroom is well proportioned and positioned for privacy, offering a retreat with space for wardrobes and additional furnishings. Adjacent is a modern bathroom fitted with a bath and overhead shower, wash basin and WC, finished in a clean, neutral style.
With its practical layout, private outdoor space and convenient setting close to local amenities, transport links and green open spaces, this apartment makes an excellent choice for first-time buyers, professionals or investors seeking a well-situated home in a popular Hertfordshire town.
The location of this apartment on Broadwater Road offers superb convenience and connectivity. You’re within easy reach of Welwyn Garden City town centre, where a wide range of shops, cafés, restaurants and essential services await. For commuters, Welwyn Garden City’s mainline railway station provides regular train services to London and other regional hubs, making journeys straightforward whether you’re heading into the capital or exploring the surrounding area. Local bus routes also serve the vicinity, offering additional options for travel without a car. Residents will appreciate nearby green spaces and leisure facilities, creating an excellent balance of urban convenience and outdoor enjoyment right on your doorstep.
PRICING & AFFORDABILITY
Full Market Value: £235,000
40% Share Price: £94,000 (rent £396.87 pcm)
Minimum 5% Mortgage Deposit (% share): £4,700
Approximate Service Charges: £75.11 pcm*
Lease: 143 years
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.
Sown Shared Ownership