3 bedroom house for sale
Croxdale Road, Borehamwood, WD6 4QE
Share percentage 50%, full price £445,000, £11,125 Min Deposit.
Share percentage 50%, full price £445,000, £11,125 Min Deposit.
Monthly Cost: £1,750
Rent £443,
Service charge £68,
Mortgage £1,239*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Borehamwood, Hertfordshire
Description
Traditional & spacious three-bedroom terraced house now available in Borehamwood, North London, through Shared Ownership.
The property comprises a living room with access to a back garden, a separate kitchen with space for a small dining area, and three bedrooms on the second floor. This could be ideal for a small family.
There's allocated parking space for two cars.
The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.
Available for £222,500 for 50% share based on the marketing figure of £445,000.
Monthly rent - £443.05
Monthly Service Charge - £68.28
Total Monthly Charge - £511.33 plus mortgage required for 50% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area and is close to Borehamwood's town centre, less than a mile away. The railway station allows to reach Kings Cross in London in less than 45 minutes.
Road travel is also convenient, thanks to the M1 and M25 a short drive away.
All amenities are nearby, with pubs, restaurants and shops in Borehamwood.
There are also several schools in the area, many of which are within walking distance.
EPC ratingEnergy rating band - E
Environmental impact band - E
Gross internal floor area: 88 m²
Living room: 4.06 x 3.76 m
Kitchen & Dining room: 6.02 x 3.28 m
Bedroom 1: 4.19 x 3.58 m
Bedroom 2: 4.19 x 3.02 m
Bedroom 3: 2.69 x 2.67 m
Front Garden: 6.81 x 6.07 m
Rear Garden: 16.74 x 6.96 m
Years remaining on lease: 99
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
- Three-bed terraced house
- Private rear garden
- Separate kitchen & dining room
- Two allocated parking spaces
- Available for 50% share
- 5% minimum deposit only
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 £445,000, £11,125 Min Deposit. Calculated using a representative rate of 5.03%
