2 bedroom apartment for sale
Navigation Drive, Ware, SG12 9FP
Share percentage 70%, full price £325,000, £11,375 Min Deposit.
Share percentage 70%, full price £325,000, £11,375 Min Deposit.
Monthly Cost: £1,670
Rent £246,
Service charge £157,
Mortgage £1,267*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Ware, Hertfordshire
Description
Bright and modern apartment now available in Ware through Shared Ownership.
The property sits on the third floor and comprises a wide living room with a private balcony, an open-plan fitted kitchen and two bedrooms. This could be ideal for a small family or a couple.
Communal off-street parking space is available.
Available for £227,500 for 70% share based on the marketing figure of £325,000.
Monthly rent - £245.78
Monthly Service Charge - £156.65
Total Monthly Charge - £402.43 plus mortgage required for 70% share.
An annual rent increase takes place every April
LocationThe property sits in Ware's town centre and is a 10 minute walk to the train station, where a train can lead to London in less than an hour.
Road travel is also convenient, thanks to the many nearby road links, such as the A10 and A414 highways and the A1(M) and M11 motorways.
London Stansted Airport is also relatively close, about a half-hour drive away.
All amenities are nearby, with pubs, restaurants and shops on the high street.
There are also several schools in the area, some of which are within walking distance.
EPC ratingEnergy rating band - B
Environmental impact band - B
Years remaining on lease: 121
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
- Modern building (2020)
- Private balcony
- Communal off-street parking
- Available for 70% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Key Information Document Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
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
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 70%, full price £325,000, £11,375 Min Deposit. Calculated using a representative rate of 5.03%
