1 bedroom apartment for sale

Under Offer

Waldorf House, , AL7 1GH

£87,500 · Shared Ownership Resale

Share percentage 35%, full price £250,000, £8,750 Min Deposit.

Under Offer
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£87,500 Shared Ownership Resale

Share percentage 35%, full price £250,000, £8,750 Min Deposit.

Monthly Cost: £917
Rent £389, Service charge £86, Mortgage £442*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Summary

A 1 bed shared ownership property available in Welwyn Garden City, Hertfordshire

Description

A modern one-bedroom, ground-floor apartment is available to purchase through the Shared Ownership Scheme in Welwyn Garden City. This property comprises one spacious bedroom, fitted kitchen with appliances, open plan living room/dining area, entrance hallway, bathroom with heated towel rack and private balcony. The apartment benefits from a secure entry phone system, secure bike storage, allocated parking space, communal gardens and a lift to your front door.

Minimum income required: £33,429

This is reduced if a larger deposit is available.

More shares can be purchased, from a minimum of 10%.

Available for £87,500 for 35% share based on the marketing figure of £250,000.

SO Resi Monthly Payment - £389.32
Monthly Service Charge - £85.59
Total Monthly Charge - £474.91 plus mortgage required for 35% share.

Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resale

Layout and dimensions

The gross internal floor area amounts to approx. 51m².

The accommodation comprises:
• entrance hall with utility storage cupboard
• open plan kitchen, lounge, and dining room leading to the terrace
• 1 bedroom
• bathroom with integral bath/shower.
The flat is presented in good condition and the decoration was good. The flooring is
neutral throughout. All windows are double-glazed uPVC casements.

The flat has an allocated, off-street parking space.
The flat has a private, dual aspect terrace accessed from the lounge. The terrace can offer a private entrance into the flat.

EPC rating

Energy Rating Band - B
Environmental Impact Band - B

Other information

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.

Key Features
  • One bedroom
  • Ground floor
  • Close proximity to Welwyn Garden City station
  • Close to local amenities
  • Communal gardens
  • Allocated parking space
  • Double glazed
  • Available for 35% share
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
Welwyn Garden City (0.39 miles) Welwyn North (1.32 miles) Hatfield (3.01 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£87,500
Shared Ownership Resale
Estimated Monthly Cost:£917
Rent £389
Service Charge £86
Mortgage £442

Share percentage 35%, full price £250,000, £8,750 Min Deposit. Calculated using a representative rate of 4.59%


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.