£60,000

This bright and well-presented one bedroom apartment is now available in East Herts, Hertfordshire through Shared Ownership.

The property on the third floor comprises an entrance hall, an open-plan kitchen, lounge and dining room leading to the south facing balcony, one bedroom and a bathroom. Perfect for singles or couples.

Outside, the property also benefits from an allocated off-street parking space and shared garden area.

Available for £60,000 for 25% share based on the marketing figure of £240,000.

Monthly rent - £539.54
Monthly Service Charge - £130.66
Total Monthly Charge - £670.20 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 close to Ware town centre which is 2.5 miles east of Hertford. The area benefits from a range of local amenities, including supermarkets, gyms, and healthcare facilities, all within 3 miles.

Ware Railway Station offers direct trains to London Liverpool Street in approximately 45-50 minutes, while the A10, A414 and M25 providing easy road links to London and beyond. Hertford and Harlow town centres are only a 10-17 minute drive away providing additional shopping and dining options.

There are are several green spaces nearby to enjoy outdoor activities including Ware Priory Gardens and Christ Church Playing Fields.

In addition, there are several schools within a 10 minute drive. Perfect for families with small children.

Energy rating band - B

Environmental impact band - B

Years remaining on lease: 119

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.