2 bedroom apartment for sale
Moorview House, Selden Hill, HP2 4FY
Share percentage 45%, full price £250,000, £5,625 Min Deposit.
Share percentage 45%, full price £250,000, £5,625 Min Deposit.
Monthly Cost: £1,206
Rent £415,
Service charge £164,
Mortgage £627*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Hemel Hempstead, Hertfordshire
Description
Modern, bright two-bedroom apartment is now available in Hemel Hempstead, Hertfordshire, through Shared Ownership. The property is on the first floor and comprises a bright living room, an open-plan fitted kitchen, a bathroom, and two bedrooms.It also benefits an allocated parking space.This could be ideal for a couple or a single person.
Available for £112,500 for 45% share based on the marketing figure of £250,000.
Monthly rent - £414.83
Monthly Service Charge - £164.37
Total Monthly Charge - £579.20 plus mortgage required for 45% share.
An annual rent increase takes place every April
LocationThe property situates a mile away from the railway station, where the train can reach Euston, in Central London, in less than half an hour. It's also well connected with highway A41 and the motorway M1 being only a 5-minute drive away.
All local amenities are nearby; the high street is just a minute or so away and Jarman Park is a short drive with gyms, supermarkets, cinemas, and restaurants.
There are plenty of leisure centres and gyms within walking distance from the flat; Heath Park and Harding's Moore Natural Reserve are just around the corner.
The town was also named by RightMove as the happiest place to live in East England in 2019, mainly thanks to its great outdoor activities, making Hemel Hempstead a perfect place to live.
EPC ratingEnergy rating band - B
Environmental impact band - C
Years remaining on lease: 82
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
- Allocated parking space
- Close to local amenities
- Close to the M1
- Walking distance to Hamel Hampstead Rail Station
- 5% Deposit
- Available for 40% 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 45%, full price £250,000, £5,625 Min Deposit. Calculated using a representative rate of 5.03%
