Share Price £82,500 (from 30% Min. Share)

Full Value £275,000 | £4,125 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Bishop's Stortford - Hertfordshire

place 25 Windhill, CM23 2GE

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Clarion Housing Group resales

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Fantastic top floor two bedroom apartment in great location - buy with just a 5% deposit*


Eligibility

  • Minimum salaries required are: £28,083 (single), £32,083 (joint)
  • Applicants must have access to £3,500 savings to cover purchasing costs. A higher level of savings will be required to obtain a mortgage.
  • Applicants must be registered with the Help to Buy Agent, BPHA -www.helptobuyese.org 03333 214 044
  • Applicants should have a live and/or work connection to the East Hertfordshire district
  • Priority will be given to serving military personnel

Information correct as at March 2019

These particulars do not constitute any part of an offer or contract. Any intending purchaser must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars. None of the main services have been tested.

Your home is at risk if you do not keep up rent and mortgage payments.


Description

A great opportunity to own this well presented two bedroom apartment, with private balcony, which is available from just £82,500* through shared ownership.

The spacious living/dining area has a glazed door/window unit and further window which allows plenty of natural daylight in the room. The door opens onto a private balcony providing useful outdoor space.

The modern kitchen is fitted with light wooden units with contrasting dark work surfaces, integrated stainless steel oven, gas hob, stainless steel extractor fan, tiled floor and has space for a washing machine and full height fridge freezer.

Both bedrooms are light and airy and provide plenty of flexibleliving space/storage options.

The bathroom is fitted with a modern white suite, shower unit in the bath, glazed shower screen, tiled floor, chrome towel rail and is fully tiled.

This apartment also benefits from access to off-street parking space.

The property is located within a well established and sought after residential area, within walking distance of the main town centre shopping area. It is also close to the Jackson Square Shopping Centre and is in close proximity to Castle Park, home of Waytemore Castle.

For commuters, Bishop's Stortford station is also within walking distance and provides frequent direct train services to London Liverpool Street and Stansted International Airport and the town is well connected to the national road network via the A1184/A120 as there is easy access to the M11 for Cambridge and London.

Early viewing is highly recommended.

For further information please contact Emmanuel Abe on 0300 456 0615 Ext 9769


Key Features

  • Two bedroom apartment
  • Buy with just a 5% deposit*
  • Top floor
  • Private balcony
  • Access to off-street parking
  • You will be able to buy more shares up to 60% later
  • 113 years approximately remaining on lease
  • Fixtures and fittings to be agreed
  • Current energy efficiency rating: C, Potential: B

*terms and conditions apply


Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 82,500
Min. £82,500
Share percentage
Min. 30%
Your deposit
Min. £4,125
Monthly cost*
£873
Cost breakdown
£396
Rent
£66
Service charge
£411
Mortgage*
Calculated using a representative rate of 3.94%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.