1 bedroom apartment for sale

Available

Plomer Avenue, Hoddesdon, EN11 9FR

£78,000 · Shared Ownership Resale

Share percentage 40%, full price £195,000, £7,800 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£78,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 40%, full price £195,000, £7,800 Min Deposit.

Monthly Cost: £961
Rent £387, Service charge £178, Mortgage £396*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Eligibility
You may be eligible for this property if: You are at least 18 years old, Your annual household income is less than £90,000, You are unable to purchase a suitable home to meet your housing needs on the open market, You do not already own a property or you are in the process of selling your property.
Summary

A fantastic 1-bedroom apartment with in Hoddesdon

Description
Property reference number: 1639387
 
Plomer Avenue is a charming one-bedroom apartment located on the second floor of a well-maintained building in the picturesque town of Hoddesdon Spanning 48 square meters, this delightful apartment offers a cosy yet spacious living environment, perfect for singles or couples looking for comfort and convenience.

Hoddesdon is a vibrant community that offers a variety of activities and amenities to its residents. Within walking distance, you’ll find an array of local shops, cafes, and restaurants, providing a taste of the local flavour. For those who enjoy outdoor activities, Barclay Park offers beautiful green spaces, walking trails, and a serene lake, perfect for leisurely strolls or picnics. The town also boasts a weekly market, where you can find fresh produce, artisanal goods, and unique items from local vendors.
 
Hoddesdon offers a range of local amenities to ensure a comfortable lifestyle. The town is home to several supermarkets, fitness centres, and healthcare facilities, making day-to-day living convenient and hassle-free. For those interested in sports and recreation, the John Warner Sports Centre provides a variety of facilities, including a swimming pool, gym, and sports courts.

Plomer Avenue is conveniently located just 1.3 miles from Rye House National Rail Train Station, providing excellent connections to Central London. A direct train to London Liverpool Street will get you into the heart of the city in under 40 minutes, making it an ideal location for commuters. Whether you’re heading into the city for work or pleasure, the efficient rail services ensure that London’s world-class amenities, including shopping districts, theatres, and cultural landmarks, are within easy reach.
 
Key features
 
Integrated kitchen appliances
Communal garden 
Secured bike storage
 
What happens after I register my interest?
 
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.
 
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact enquiries@peabodynewhomes.co.uk  and our team will be able to help you.
 
What is Resale Shared Ownership?
 
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more. 
 
Financial information

Tenure: Leasehold
Remaining lease term: 170 years
Annual ground rent amount: £0
Ground rent review period: No ground rent to pay until final staircasing.
Annual service charge amount: £2,130.60
Service charge review period: Annually
Council tax band: C
 
*Financial information correct as of 22.07.2024
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Property Downloads
Floor Plan
Map
Rye House (1.02 miles) St Margarets (Herts) (1.06 miles) Broxbourne (2.10 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.

Read More Read Less
  • 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.

£78,000
Shared Ownership Resale
Estimated Monthly Cost:£961
Rent £387
Service Charge £178
Mortgage £396

Share percentage 40%, full price £195,000, £7,800 Min Deposit. Calculated using a representative rate of 4.64%


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.