1 bedroom apartment for sale
Liberty House, Bessemer Road, AL7 1FU
Share percentage 40%, full price £215,000, £4,300 Min Deposit.
Share percentage 40%, full price £215,000, £4,300 Min Deposit
Monthly Cost: £1,064
Rent £432,
Service charge £153,
Mortgage £479*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Welwyn Garden City, Hertfordshire
Description
Spacious two-bedroom apartment in Welwyn Garden City now available with Shared Ownership.
The apartment is on the second floor and comprises an open-plan living room and kitchen, a double bedroom, and a bathroom with a shower over the bathtub. This could be perfect for a couple or family.
Outside, there's also a beautiful shared garden area and the flat has an allocated off-street parking space.
Available for £86,000 for 40% share based on the marketing figure of £215,000.
Monthly rent - £432.15
Monthly Service Charge - £153.34
Total Monthly Charge - £585.49 plus mortgage required for 40% share.
An annual rent increase takes place every April
LocationThe train station is located about a 10 to 15-minute walk away in the main town. In this area, you'll find Waitrose, Sainsbury's, John Lewis, and the Howard Centre, along with many restaurants, coffee shops, gyms, and various shopping options. As it is a garden city, there are also lovely open green spaces.
The train line provides direct access to King's Cross, taking approximately 25 to 30 minutes, depending on the specific train you catch.
There are several schools nearby, and we are in the catchment area for an outstanding school. Numerous bus routes run regularly.
Additionally, the train station, as mentioned earlier, is conveniently located, and you are only about a 5 to 10-minute drive from the A1M.
EPC ratingEnergy rating band - D
Environmental impact band - C
Years remaining on lease: 116
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
- One-bedroom apartment
- Great transport links
- Off-street parking
- Modern building
- Available for 40% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
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 40%, full price £215,000, £4,300 Min Deposit. Calculated using a representative rate of 5.03%
