1 bedroom apartment for sale

Available

Mead Lane, SG13 7GA

£162,000 · Shared Ownership Resale

Share percentage 60%, full price £270,000, £16,200 Min Deposit.

Available
1 bedroom
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£162,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 60%, full price £270,000, £16,200 Min Deposit.

Monthly Cost: £1,367
Rent £352, Service charge £197, Mortgage £818*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if: You have a gross household income of no more than £80,000 per annum. You are unable to purchase a suitable home to meet your housing needs on the open market. You do not already own a home or you will have sold your current home before you purchase or rent.

Summary

Discover this hidden gem in the charming town of Hertford, where contemporary living meets historic living.

Description

Discover this hidden gem in the charming town of Hertford, where contemporary living meets historic living. This ground-floor apartment is available for £162,000 for a 60% share, with a full market value of £270,000.
Built in 2017, this one-bedroom apartment measuring approx 43m² offers a high standard of accommodation. This apartment has an open plan lounge with double aspect windows. The area extends to the fitted kitchen that has been beautifully designed and equipped with a variety of integrated appliances. There is a double bedroom with a fitted mirror wardrobe and access to the patio terrace. The bathroom features a sleek, modern finish with stylish fittings.
The apartment includes its own allocated parking space in a private car park right outside the development. One of its standout features is the terrace, the perfect outdoor space and accessible via 3 doors within the apartment . With an impressive EPC rating of 'C', this apartment ensures both style and efficiency.

Local Area
Hertford stands as a captivating and historically rich market town, renowned as one of the most sought-after residential destinations in the UK. The town is graced by the gentle flow of four rivers, offering extensive routes for walking and cycling, along with riverside pubs. Your new home is conveniently a 1 minute walk from Hertford East train station, allowing you to reach London Liverpool Street in less than an hour or underground services in thirty minutes for the Victoria line into central London. Hertford North Station is also conveniently accessible with a 20-minute walk from your home to reach London Kings Cross in less than an hour.
The A1 (M) is a 15-minute drive from your home, connecting you to both London and the North. The A10 provides easy access for journeys to Cambridge and London, while the M25 opens up access to the broader motorway network. For international travel, Stansted Airport is approximately 35 minutes away with Luton Airport also within 40 minutes. Explore the surroundings on foot, where a 24-hour Tesco superstore is just a 4-minute walk away, and both Hartham Common and Hertford Town Centre are reachable in a short 5-minute walk.

Key Features
  • Generously sized open plan kitchen/lounge/diner
  • Kitchen featuring gloss white units and soft grey worktops
  • Integrated fridge/freezer
  • Utility cupboard
  • Washer/dryer
  • Wooden flooring in hall and kitchen/lounge/diner and carpeted bedroom
  • Double glazed windows throughout
  • Gas fired central heating
  • EPC rating ‘C’
  • 1 allocated parking space in a private car park
  • Built in ventilation system across entire complex preventing damp & condensation build up
  • Combi boiler
Particulars

Tenure: Leasehold
Lease Length: 113 years
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Hertford East (0.02 miles) Hertford North (0.88 miles) Ware (1.95 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.

£162,000
Shared Ownership Resale
Estimated Monthly Cost:£1,367
Rent £352
Service Charge £197
Mortgage £818

Share percentage 60%, full price £270,000, £16,200 Min Deposit. Calculated using a representative rate of 4.59%


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.