1 bedroom apartment for sale
Flat 16, Eleanor Ormerod House, Victoria Street, St. Albans, AL1 3LT
Share percentage 25%, full price £325,000, £8,125 Min Deposit.
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
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 BrochureVideo Tour
Map
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
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 £325,000, £8,125 Min Deposit. Calculated using a representative rate of 4.59%