2 bedroom apartment for sale
Liberty House, Bessemer Road, AL7 1FU
Share percentage 75%, full price £260,000, £9,750 Min Deposit.
Share percentage 75%, full price £260,000, £9,750 Min Deposit.
Monthly Cost: £1,495
Rent £238,
Service charge £171,
Mortgage £1,086*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Welwyn Garden City, Hertfordshire
Description
Spacious two-bedroom apartment in Welwyn Garden City now available through Shared Ownership.
The apartment is on the first floor and comprises an open-plan living room and kitchen, two double bedrooms, and a bathroom with a shower over the bathtub.This could be perfect for a couple or family.
Available for £195,000 for 75% share based on the marketing figure of £260,000.
Monthly rent - £237.97
Monthly Service Charge - £170.52
Total Monthly Charge - £408.49 plus mortgage required for 75% share.
An annual rent increase takes place every April
LocationThe train station is about 10 to 15 minutes walk away, which is in the main town. You have Waitrose, Sainsbury's, John Lewis and the Howard Centre are located there, together with lots of places to eat, coffee shops, gyms and shopping and as it is a garden city lovely grass open areas. The train line takes you straight to Kings Cross in around 25 to 30 minutes depending on which train you get. There are lots of schools close by and we are in a catchment area of an outstanding school.There are lots of bus routes which run regularly. There is the train station as described above. You are also only about a 5 to 10 minutes drive from the A1M.
EPC ratingEnergy Rating Band - D
Environmental Impact Band - D
Years remaining on lease: 118
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.
Key Features
- Two bedrooms
- First floor
- Private parking space
- 5% deposit
- Close to local amenities
- Available for 75% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 75%, full price £260,000, £9,750 Min Deposit. Calculated using a representative rate of 5.03%
