2 bedroom apartment for sale
Empire House, Bessemer Road, AL7 1FY
Share percentage 35%, full price £340,000, £5,950 Min Deposit.
Share percentage 35%, full price £340,000, £5,950 Min Deposit
Monthly Cost: £1,499
Rent £667,
Service charge £169,
Mortgage £663*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Welwyn Garden City, Hertfordshire
Description
This bright, well-decorated two-bedroom apartment is now available in Welwyn Garden City through Shared Ownership.
The property on the third and fourth floors comprises an entrance hall, a spacious living room a modern kitchen, two bedrooms (one en-suite), a toilet and a bathroom.
Outside, there is a private balcony, allocated off-street parking and a shared garden area. Perfect for couples and small families.
Available for £119,000 for 35% share based on the marketing figure of £340,000.
Monthly rent - £667.40
Monthly Service Charge - £168.96
Total Monthly Charge - £836.36 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationLiving in Welwyn Garden City is a unique experience that combines modern convenience with community charm in..
The well-connected transport links make commuting to London effortless, while the local amenities, including shops, parks, and schools, enhance daily life. Residents enjoy the comfort of spacious apartments and communal areas, fostering a sense of belonging.
Furthermore, the vibrant atmosphere and friendly neighbours create a welcoming environment, making it an ideal place for families and young professionals alike.
EPC ratingEnergy rating band - D
Environmental impact band - D
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
- Two bedroom apartment
- Private balcony
- En-suite bedroom
- Off-street parking
- Available for 35% 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 35%, full price £340,000, £5,950 Min Deposit. Calculated using a representative rate of 5.03%
