3 bedroom apartment for sale
Coddington Close, Ware, SG12 9FN
Share percentage 35%, full price £375,000, £6,563 Min Deposit.
Share percentage 35%, full price £375,000, £6,563 Min Deposit.
Monthly Cost: £1,584
Rent £670,
Service charge £183,
Mortgage £731*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 3 bed shared ownership property available in Ware, East Hertfordshire
Description
Modern, bright and spacious three-bedroom apartment now available in Ware through Shared Ownership.
This delightful property boasts a contemporary open-plan kitchen and living area, complete with a bathroom and an inviting outdoor balcony, as well as a master bedroom featuring an en-suite bathroom. It also offers a generously sized reception room and a kitchen equipped with modern appliances. Additionally, there are two spacious double bedrooms, each with built-in wardrobes, alongside a large family bathroom suite. The living room provides access to a private outdoor space at the rear, perfect for relaxation and entertainment.
Available for £131,250 for 35% share based on the marketing figure of £375,000.
Monthly rent - £670.28
Monthly Service Charge - £182.85
Total Monthly Charge - £853.13 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area and is close to Ware's town centre, only half a mile away. The railway station is only a 10-minute walk, where a train can lead to London in under an hour.
Road travel is also convenient, thanks to the A1(M), the M11, and the M25, all about a 20-minute drive away. Stansted Airport is also only half an hour away.
All amenities are nearby, with pubs, restaurants and shops in Ware. There are also plenty of green areas, such as Hardmead Lock and fields near a school.
There are also several schools in the area, many of which are within walking distance.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 121
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-bedroom apartment
- Ensuite bedroom
- Private balcony
- Close to schools
- Available for 35% 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 35%, full price £375,000, £6,563 Min Deposit. Calculated using a representative rate of 5.03%