2 bedroom apartment for sale
Huntington House, Broadwater Road, AL7 3FG
Share percentage 25%, full price £375,000, £4,688 Min Deposit.
Share percentage 25%, full price £375,000, £4,688 Min Deposit.
Monthly Cost: £1,393
Rent £705,
Service charge £154,
Mortgage £534*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Welwyn Garden City, Hertfordshire
Description
Modern, bright & spacious two-bedroom apartment now available in Welwyn Garden City through Shared Ownership.
The property comprises a wide living room with a private balcony, an open-plan fitted kitchen, and two large bedrooms, one of them being ensuite. This could be ideal for a small family or a couple.
The flat is on the second floor of a newly built construction (circa 2023); it has an underground allocated off-street parking space and a shared garden area.
Key Information Document
Available for £93,750 for 25% share based on the marketing figure of £375,000.
Monthly rent - £704.85
Monthly Service Charge - £154.49
Total Monthly Charge - £859.34 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property sits in a tranquil residential area and is close to Welwyn Garden City's town centre, just a 10-minute walk, where a train can also lead to London in under an hour.
Road travel is also convenient, thanks to the A1(M) motorway and the A414 highway, just a 5-minute drive away.
All amenities are nearby, with more pubs, restaurants and shops in Welwyn Garden City.
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: 989
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-bedroom apartment
- Private balcony
- Ensuite bedroom
- Underground parking
- Available for 25% 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 25%, full price £375,000, £4,688 Min Deposit. Calculated using a representative rate of 5.26%
