1 bedroom apartment for sale
Forum House, , AL10 0FG
Share percentage 30%, full price £205,000, £6,150 Min Deposit.
Share percentage 30%, full price £205,000, £6,150 Min Deposit.
Monthly Cost: £717
Rent £333,
Service charge £74,
Mortgage £310*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Hatfield, Hertfordshire
Description
Well presented one-bedroom apartment available through shared ownership in Hatfield, Hertfordshire. This third-floor apartment comprises an entrance hall with storage, an open plan kitchen and reception room leading onto a Juliet balcony, a large bedroom, and a bathroom. The property also benefits from one allocated parking space, access to a communal terrace area, secure bike storage, and a lift that services all floors of the building.
Minimum income required: £24,371
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £61,500 for 30% share based on the marketing figure of £205,000.
SO Resi Monthly Payment - £332.58
Monthly Service Charge - £74.14
Total Monthly Charge - £406.72 plus mortgage required for 30% share.
Read more about our Covid-19 update:https://soresi.co.uk/covid-19-message-resale
Layout and dimensionsThe property is approximately 48m2.
Kitchen / Reception room: 6.71 x 3.89
Bedroom: 3.96 x 3.00
EPC ratingEnergy Rating Band - D
Environmental Impact Band - C
All room dimensions are 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
- Open plan living area
- Juliet balcony
- One allocated parking space
- Secure bike storage
- Access to shared terrace area
- Available for 30% 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 30%, full price £205,000, £6,150 Min Deposit. Calculated using a representative rate of 4.59%
