3 bedroom apartment for sale

Available

Coddington Close, Ware, SG12 9FN

£131,250 · Shared Ownership Resale

Share percentage 35%, full price £375,000, £6,563 Min Deposit.

Available
3 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£131,250 Shared Ownership Resale

Share percentage 35%, full price £375,000, £6,563 Min Deposit.

Monthly Cost: £1,601
Rent £670, Service charge £183, Mortgage £748*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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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

Location

The 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 rating

Energy rating band - B
Environmental impact band - B

Lease information

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 Plan
Map
Ware (0.33 miles) St Margarets (Herts) (1.61 miles) Hertford East (1.96 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£131,250
Shared Ownership Resale
Estimated Monthly Cost:£1,601
Rent £670
Service Charge £183
Mortgage £748

Share percentage 35%, full price £375,000, £6,563 Min Deposit. Calculated using a representative rate of 5.26%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.