2 bedroom apartment for sale
103 Watersmeet, Grove Road, SG4 0AW
Share percentage 25%, full price £300,000, £7,500 Min Deposit.
Share percentage 25%, full price £300,000, £7,500 Min Deposit.
Monthly Cost: £1,310
Rent £802,
Service charge £129,
Mortgage £379*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Beautiful 2 Bedroom Maisonette Located on Watersmeet
Description
*25% shared ownership *
A very well presented 25% shared ownership maisonette located on Watersmeet in Hitchin. This two bedroom duplex maisonette is a great opportunity for first time buyers to get on the property ladder. Hitchin is well located for access to London via Hitchin train station and the A1(m). The property comprises, entrance hallway with stairs leading to first floor accommodation, kitchen/ breakfast room, lounge/ diner with French doors overlooking the river, master bedroom with French doors leading to balcony, second bedroom, family bathroom and underground parking. Please note that the rent and service charges are combined at £957.24 per month with 111 years remaining on the lease. There is also a ground rent payable for £300 per annum.
A viewing is strongly recommended to avoid disappointment.
Particulars
Tenure: Leasehold
Lease Length: 111 years
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
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 £300,000, £7,500 Min Deposit. Calculated using a representative rate of 4.59%
