2 bedroom apartment for sale
Rainbow House, WD17 2AP
Share percentage 60%, full price £425,000, £25,500 Min Deposit.
Share percentage 60%, full price £425,000, £25,500 Min Deposit
Monthly Cost: £1,848
Rent £335,
Service charge £226,
Mortgage £1,287*
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.
Summary
Discover this beautifully presented two-bedroom, third-floor resale apartment in Watford, available through Shared Ownership.
Description
Discover this beautifully presented two-bedroom, third-floor resale apartment in Watford, available through Shared Ownership. This apartment is now available for £255,000 for a 60% share, with a full market value of £425,000, this home offers an excellent opportunity for buyers seeking modern, stylish living.
Designed with comfort in mind, the apartment features a spacious open-plan lounge, dining, and kitchen area—perfect for both relaxation and entertaining. Both bedrooms include fitted wardrobes, while the main bedroom benefits from an en-suite. A contemporary family bathroom adds to the stylish and functional layout.
The modern kitchen is fitted with sleek white units and comes fully equipped with essential appliances, including a fridge freezer and dishwasher. The apartment also boasts a partially covered balcony accessible from the living area—an ideal spot to unwind. Additionally, a designated basement parking space provides both convenience and security.
Local area
The local area is vibrant with shops, restaurants, and other amenities. Watford is also known for its green spaces like Cassiobury Park, it is one of the largest public parks in Hertfordshire and covers approximately 190 acers. Cassiobury Park offers various sports facilities, including football pitches, tennis courts, and a bowling green. These amenities make the park a hub for sports enthusiasts and community events. Watford is a popular shopping destination, with the Atria Watford shopping centre offering a wide range of stores, restaurants, and entertainment options. Just 0.8 miles away from the apartment is Watford Junction high street station which is served by the London Overground service between Watford Junction and London Euston. This station provides good transport links for residents traveling between Watford and Central London. Additionally, there are several London Underground stations in the area, including Watford Metropolitan line station which is 1.6 miles away from the apartment. Watford is close to several motorway junctions such as the M1 motorway and the M25 which connects to different destinations.
Key Features
Allocated parking
EPC rating ‘B’
En-suite shower room
Fridge/freezer and dishwasher included
Communal courtyard
113 years remaining on the lease
Induction Hob oven and Microwave all built in
Particulars
Tenure: Leasehold
Lease Length: 113 years
Council Tax Band: Not specified
Property Downloads
Energy CertificateMap
Material Information
Total rooms: 2
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: Enquire with provider
Fridge/Freezer: Yes
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Balcony
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 60%, full price £425,000, £25,500 Min Deposit. Calculated using a representative rate of 4.59%
