1 bedroom apartment for sale

Available

Mead Lane, SG13 7GA

£130,000 · Shared Ownership Resale

Share percentage 50%, full price £260,000, £13,000 Min Deposit.

Available
1 bedroom
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£130,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £260,000, £13,000 Min Deposit.

Monthly Cost: £1,307
Rent £454, Service charge £197, Mortgage £656*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if: You have a gross household income of no more than £80,000 per annum. You are unable to purchase a suitable home to meet your housing needs on the open market. You do not already own a home or you will have sold your current home before you purchase or rent.

Summary

A smart, one bedroom resale apartment is now on the market. This apartment is available for £130,000 at a 50% share with a full market value of £260,000.

Description

A smart, one bedroom resale apartment is now on the market. This apartment is available for £130,000 at a 50% share with a full market value of £260,000. It is situated in a fantastic location, within a two-minute walk of Herford East train station and five minutes to the town centre. The beautiful River Lea is on your doorstep with access to Hartham Common and a well-equipped sports centre with swimming pool and gym.

The apartment, measuring 50 m2 and located on the top floor of a four-storey building, offers a high standard of accommodation. An open plan lounge with double aspect windows extends to a well equipped, fitted kitchen with the addition of new tiling. The double bedroom is fitted with mirror wardrobe and neutral carpet. The bathroom features a sleek, modern finish with stylish fittings. The apartment has been maintained to a high standard by the current owner, recently freshly painted and has an EPC rating of 'B' making it energy efficient.

The apartment includes its own allocated parking space within the development.

Local Area

Your new home benefits from excellent road, rail and bus links, plus a whole host of useful amenities and leisure attractions.

Hertford stands as a captivating and historically rich market town, renowned as one of the most sought-after residential destinations in the UK. The town is graced by the gentle flow of four rivers, offering extensive routes for walking and cycling, along with riverside pubs.
The development is superbly connected for travel links to destinations like London, Welwyn Garden City, St Albans, Stevenage and Cambridge. This makes it the ideal location for an excellent work/life balance. Your new home is short walk from Hertford East train station, from where you can reach London Liverpool Street in under an hour. Onward travel via the underground is extremely straight forward.
Hertford North Station is also conveniently accessible with a 20-minute walk from your home to reach London Kings Cross in less than an hour.

The A1 (M) is a 15-minute drive from your home, connecting you to both London and the North. The A10 provides easy access for journeys to Cambridge and London, while the M25 opens up access to the broader motorway network. For international travel, Stansted Airport is approximately 35 minutes away with Luton Airport also within 40 minutes. Explore the surroundings on foot, where a 24-hour Tesco superstore is just a 2-minute walk away, Hertford East Station is also a 2-minute walk, and both Hartham Common and Hertford Town Centre are reachable in a short 5-minute walk.

Key Features

● Open plan kitchen/lounge/diner
● Designer kitchen featuring gloss white units and soft grey worktops
● Integrated fridge/freezer and dishwasher
● Laminate flooring in hall and kitchen/lounge/dining area and carpet in bedroom
● Double glazed windows throughout
● Gas fired central heating
● EPC rating ‘B’
● 1 allocated parking space in a private car park
● 117 years remain on the lease

Particulars

Tenure: Leasehold
Lease Length: 117 years
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Hertford East (0.02 miles) Hertford North (0.88 miles) Ware (1.95 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

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.

£130,000
Shared Ownership Resale
Estimated Monthly Cost:£1,307
Rent £454
Service Charge £197
Mortgage £656

Share percentage 50%, full price £260,000, £13,000 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.