2 bedroom apartment for sale
Elliman Court, Gowers Yard, HP23 4FH
Share percentage 25%, full price £280,000, £3,500 Min Deposit.
Share percentage 25%, full price £280,000, £3,500 Min Deposit.
Monthly Cost: £1,162
Rent £572,
Service charge £200,
Mortgage £390*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Tring, Hertfordshire
Description
Brick-made spacious two-bedroom apartment now available in Tring through Shared Ownership.
The property is on the ground floor and comprises a wide living room with open-plan fitted kitchen, an ensuite bedroom and a smaller one; plenty of storage rooms. This could be ideal for a couple or a small family.
Allocated parking space is available.
Available for £70,000 for 25% share based on the marketing figure of £280,000.
Monthly rent - £572.09
Monthly Service Charge - £200.40
Total Monthly Charge - £772.49 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property is located in the small town of Tring, with all amenities nearby and great travel links.
The high street can be reached on foot with shops, restaurants and pubs. There's also a bus stop right in front of the residential court, allowing to travel around the town and to other villages nearby.
Road travel is also convenient thanks to the A41 highway, just a few minutes' drive away.
There are also plenty of natural and green areas, with Tring Park and other countryside areas.
Plenty of schools are available, many well within walking distance.
EPC ratingEnergy rating band - C
Environmental impact band - D
Years remaining on lease: 107
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.
Key Features
- Two-bedroom apartment
- Ensuite bedroom
- Ground floor
- Allocated parking
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 £280,000, £3,500 Min Deposit. Calculated using a representative rate of 5.03%
