2 bedroom apartment for sale
Navigation Drive, Navigation Drive, SG12 9FP
Share percentage 25%, full price £335,000, £4,188 Min Deposit.
Share percentage 25%, full price £335,000, £4,188 Min Deposit.
Monthly Cost: £1,331
Rent £736,
Service charge £128,
Mortgage £467*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Ware, East Hertfordshire
Description
Modern, bright & spacious two-bedroom apartment now available in Ware 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 first floor of a newly built construction (circa 2021); it has allocated parking space and a shared garden area.
Key Information Document
Available for £83,750 for 25% share based on the marketing figure of £335,000.
Monthly rent - £736.33
Monthly Service Charge - £128.33
Total Monthly Charge - £864.66 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property sits in Ware's town centre and is a 5 minute walk to the train station, just across the road, where a train can lead to London in less than an hour.
Road travel is also convenient, thanks to the many nearby road links, such as the A10 and A414 highways and the A1(M) and M11 motorways.
London Stansted Airport is also relatively close, about half an hour away drive.
All amenities are nearby, with pubs, restaurants and shops on the high street.
There are also several schools in the area, some 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
- Two-bedroom apartment
- Private balcony
- Modern building (2021)
- In Ware's town centre
- 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 £335,000, £4,188 Min Deposit. Calculated using a representative rate of 5.03%
