1 bedroom apartment for sale

Available

2 Lynde Lodge, Butterwick Way, AL6 9GN

£120,000 · Shared Ownership Resale

Share percentage 40%, full price £300,000, £12,000 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£120,000 Shared Ownership Resale

Share percentage 40%, full price £300,000, £12,000 Min Deposit.

Monthly Cost: £1,168
Rent £537, Service charge £25, Mortgage £606*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

£
Summary

Located in an attractive development within Wilshere Park

Description

****40% SHARED OWNERSHIP APARTMENT****
Are you a first-time buyer who is looking for everything under one roof? Then this chain free property is the one for you! Located in an attractive development within Wilshere Park, this ground floor apartment has steps leading up to the front door of the block with a welcoming communal entrance.
An immaculately presented One Bedroom ground apartment, an ideal first time purchase this light and spacious apartment comprises of: Entrance Hall, lounge/diner with a balcony, kitchen, one-bedroom, large storage cupboard and a family bathroom. The apartment further benefits from gas central heating, resident parking, a secure door entry system and a lease of approx. 124 years. This property would make a fantastic purchase either as an investment or to live in a viewing is highly recommended.

Key Features
  • 1 Bedroom
  • 1 Reception Room
  • 1 Bathroom
  • Ground Floor
  • Residential Parking
  • Leasehold
Particulars

Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Welwyn North (1.39 miles) Welwyn Garden City (1.56 miles) Knebworth (3.58 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.

£120,000
Shared Ownership Resale
Estimated Monthly Cost:£1,168
Rent £537
Service Charge £25
Mortgage £606

Share percentage 40%, full price £300,000, £12,000 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.