A new pathway home with Share to Buy
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1 bedroom apartment for sale

Available

Flat 16, Eleanor Ormerod House, Victoria Street, St. Albans, AL1 3LT

£81,250 · Shared Ownership New Build

Share percentage 25%, full price £325,000, £8,125 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£81,250 Shared Ownership New Build

Share percentage 25%, full price £325,000, £8,125 Min Deposit.

Monthly Cost: £1,118
Rent £559, Service charge £149, Mortgage £410*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Summary

Featuring 1-bedroom apartments through to the 2 bedroom penthouse with roof terrace, this development offers an opportunity for a beautifully presented, well located and affordable home in St Albans

Description

Located in the centre of St Albans city centre and just 0.3 miles from the mainline train station this selection of 1 bedroom, 2 bedroom and penthouse apartments are being offered with a share of ownership ranging from 10% – 75% depending on affordability.

The majority of these apartments come with a balcony. All have under ground secure parking, well appointed fitted kitchens and bathrooms, as well as a lift facility to all floors.

The share value shown of this one bedroomed apartment is 25% and the full market value is £325,000
*Service Charges estimated

Agents Thoughts :
These stunning new apartments will provide affordable housing for those looking to get on the property market. The striking buildings are perfectly positioned in the heart of the city centre, providing access to leisure facilities and the mainline station with direct services to London. From the 1 bedroom apartments right through to the incredible 2 bedroom, two bathroom penthouses with roof terrace, this development offers an opportunity to secure a beautifully presented, ideally located and affordable home in St Albans.

BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £60including VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.

REFERRAL FEES
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Frost's.

Disclaimers

Agent's Note

Please note that all particulars and images are for marketing and illustrative purposes only. Advertising images may include upgrades as home specifications can vary.

IMPORTANT NOTE TO PURCHASERS:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise.

Key Features

· Located in the centre of St Albans City Centre

· Being offered with a share of ownership starting at 10%

· Parking

· Fitted Kitchens and Bathrooms

· Provides lift access to all floors

Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Floor Plan Brochure
Video Tour
Map
St Albans (0.56 miles) St Albans Abbey (0.58 miles) Park Street (1.87 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes

Outside Space/Garden: n/a - Private Balcony

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

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.

£81,250
Shared Ownership New Build
Estimated Monthly Cost:£1,118
Rent £559
Service Charge £149
Mortgage £410

Share percentage 25%, full price £325,000, £8,125 Min Deposit. Calculated using a representative rate of 4.59%


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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.