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£175,000
A modern two-bedroom, first-floor apartment is available for shared ownership in Welwyn Garden City. The property comprises a private entrance hall, open plan kitchen, living area with balcony, two double bedrooms, and a bathroom with shower over bath. The property benefits from allocated off-street parking and access to a shared garden area.
Minimum income required: £61,646
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 5%.
Available for £175,000 for 50% share based on the marketing figure of £350,000.
Monthly rent - £422.64
Monthly Service Charge - £92.87
Total Monthly Charge - £515.51 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property is located close to the centre of Welwyn Garden City and benefits from close proximity to all local amenities including schools, supermarkets, shops, and restaurants. The property is situated close to the A1(M) and the nearest train station, Welwyn Garden City, is only 0.5 miles away and offers a fast connection to London Kings Cross.
EPC ratingEnergy Rating Band - B
Environmental Impact Band - B
Years remaining on lease: 121
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.
Other informationAll room dimensions are approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at the time of marketing. There is an annual increase that takes place. Please contact us for more information.
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