1 bedroom apartment for sale
Navigation Drive, , SG12 9FP
Share percentage 50%, full price £240,000, £12,000 Min Deposit.
Share percentage 50%, full price £240,000, £12,000 Min Deposit.
Monthly Cost: £901
Rent £272,
Service charge £23,
Mortgage £606*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Ware, Hertfordshire
Description
Unique, modern one-bedroom apartment inWare available for Shared Ownership. The property comprises a fitted kitchen with an open plan lounge with a balcony, an entrance with storage, one large bedroom, and a bathroom with storage cabinets with a shower over a bath. The property also comes with allocated, off-street parking space.
Minimum income required: £41,564
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £120,000 for 50% share based on the marketing figure of £240,000.
Monthly rent - £271.62
Monthly Service Charge - £22.94
Total Monthly Charge - £294.56 plus mortgage required for 50% share.
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions are approximate.
Please note figures given for the rent and service charge are correct at the time of marketing. There is an annual increase that takes place in April. Please contact us for more information.
Key Features
- One bedroom
- Lift
- South facing balcony
- Close to Tesco and Asda Superstores
- Short walking distance to Ware station
- Unallocated off-street parking space
- Available for 50%
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 50%, full price £240,000, £12,000 Min Deposit. Calculated using a representative rate of 4.59%
