£112,500

This bright, colourful, well-decorated bedroom apartment is now available in Welwyn Garden City through Shred Ownership.

The property on the ground floor comprises a spacious living room with a modern open-plan kitchen, one large bedroom and a bathroom.

Outside, there is allocated parking and a shared garden area. Perfect for couples and singles.

Available for £112,500 for 45% share based on the marketing figure of £250,000.

Monthly rent - £419.07
Monthly Service Charge - £137.46
Total Monthly Charge - £556.53 plus mortgage required for 45% share.

An annual rent increase takes place every April

The property is located just outside Welwyn Garden City's town centre, in a new developmental area, and about 15 minutes away walking from the railway station. The train travels to Kings Cross, in Central London, in less than an hour.

The close A1 motorway is 10 minutes away, making road travel convenient. Welwyn Garden City is a recently developed area with several shops, pubs and restaurants and other local amenities.

The town is famous for its long garden on the main road, which is beautiful, especially in spring and summer.

Many schools of all levels can be found nearby, several within walking distance.

With its convenient commuting location and nearby services, Welwyn Garden City is a fantastic place to live.

Years remaining on lease: 118

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.