1 bedroom apartment for sale
Waldorf House, , AL7 1GH
Share percentage 35%, full price £250,000, £8,750 Min Deposit.
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
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 dimensionsThe 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.
Energy Rating Band - B
Environmental Impact Band - B
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 PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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.
Share percentage 35%, full price £250,000, £8,750 Min Deposit. Calculated using a representative rate of 4.59%