1 bedroom apartment for sale
Flat 6, Guardsman Court, McDowell Street, CM23 0AT
Share percentage 25%, full price £310,000, £7,750 Min Deposit.
Share percentage 25%, full price £310,000, £7,750 Min Deposit
Monthly Cost: £1,090
Rent £535,
Service charge £164,
Mortgage £391*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
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.
- Priority to be given to those with a living, working or family connection to East Herts, under the Councils Local Priority Cascade.
Summary
1 Bed First Floor Apartment
Description
**AVAILABLE TO BE RESERVED OFF PLAN**
Paradigm are pleased to present 9 new build homes available to purchase through the Shared Ownership Scheme. The properties consist of 1 & 2 bed apartments surrounded by picturesque countryside. The properties are only a short drive to the popular market town of Bishops Stortford equipped with a fantastic range of shops, supermarkets, pubs and restaurants, & providing a direct rail link into London in under an hour.
Please note that, these properties are still in the process of being built therefore a viewing can't be arranged & the properties are only available to be reserved off plan. Due to varying stages of construction, photographs may be of similar properties and are intended to give an idea of the finish of the properties being built.
Share available 25%-75% depending on affordability.
Key Features
- White bathroom suite with thermostatic shower
- Carpet throughout living areas
- Vinyl flooring in kitchen & bathroom
- Gas central heating
- Allocated parking space
- Fitted kitchen with integrated oven and hob, washer dryer & fridge freezer
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Brochure Price ListMap
Material Information
Total rooms: 3
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: No
Fridge/Freezer: Yes
Parking: Yes - Allocated
Outside Space/Garden: n/a
Year property was built: 2024-2025
Unit size: 678
Communal lift: Yes
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 25%, full price £310,000, £7,750 Min Deposit. Calculated using a representative rate of 4.59%
