£153,000

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 third floor of a newly built construction (circa 2019); it has allocated parking space and a shared garden area.

Available for £153,000 for 45% share based on the marketing figure of £340,000.

Monthly rent - £560.44
Monthly Service Charge - £155.30
Total Monthly Charge - £715.74 plus mortgage required for 45% share.

An annual rent increase takes place every April

The property is located just outside Welwyn Garden City's town centre, in a new developmental area, and less than 10 minutes away walking from the railway station. The train travels to Kings Cross, in Central London, in less than an hour.

The close A1 motorway, just 5 minutes away, also makes road travel convenient.

Welwyn Garden City is a recently developed area with several shops, pubs and restaurants, with all local amenities nearby. The town is famous for its long garden on the main road, which is beautiful especially in spring and summer.

Many schools of all levels can be found nearby, several within walking distance.

Years remaining on lease: 119

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.