£68,750

This well presented one bedroom apartment is now available in Welywn Garden city through Shared Ownership.

The property on the third floor comprises of an entrance all with storage, a spacious living room with a modern kitchen, one large bedroom and a bathroom.

Outside, there is a private balcony and a shared garden area. Perfect for couples and singles.

Available for £68,750 for 25% share based on the marketing figure of £275,000.

Monthly rent - £538.25
Monthly Service Charge - £127.80
Total Monthly Charge - £666.05 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 sits in a residential area in Welwyn Garden City, a charming town in Hertfordshire. The area offers a range of amenities, including Peartree Primary School and Ridgeway Academy within a mile, making it ideal for families.

Healthcare facilities are conveniently close, with Peartree Lane Surgery and New QEII Hospital under 2 miles away. For shopping, residents have access to local supermarkets and retail stores, ensuring daily essentials are within easy reach.

Welwyn Garden City Rail Station is less than a mile away, providing direct connections to London King's Cross in approximately 30 minutes.

Years remaining on lease: 987

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.