1 bedroom apartment for sale
Moorview House, Selden Hill, HP2 4FY
Share percentage 40%, full price £195,000, £3,900 Min Deposit.
Share percentage 40%, full price £195,000, £3,900 Min Deposit.
Monthly Cost: £935
Rent £352,
Service charge £149,
Mortgage £434*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Hemel Hempstead, Hertfordshire
Description
Modern, bright & spacious one-bedroom apartment now available in Hemel Hempstead through Shared Ownership.
The property comprises a wide living room with an open-plan fitted kitchen, and one large bedroom. This could be ideal for a professional couple or first time buyer.
The flat is on the ground floor of a well built construction (circa 2006); it has an allocated parking space and a communal grounds at both the side and rear.
Available for £78,000 for 40% share based on the marketing figure of £195,000.
Monthly rent - £352.00
Monthly Service Charge - £149.34
Total Monthly Charge - £501.34 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationIn the centre of Hemel Hempstead, this property has great access to local amenities such as gyms, supermarkets and health services.
There are fantastic travel links and access to educational centres.
EPC ratingEnergy rating band - B
Environmental impact band - B
Layout and dimensionsGross internal floor area: 47.3 m²
Living room: 4.65 x 3.58 m
Kitchen: 2.72 x 1.91 m
Bedroom: 3.56 x 3.18 m
Lease informationYears remaining on lease: 131
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
- Ground floor flat
- Allocated parking space
- Fully fitted modern kitchen
- Great travel links
- 5% deposit available
- Available for 40% share minimum
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 40%, full price £195,000, £3,900 Min Deposit. Calculated using a representative rate of 5.03%
