£73,500
Modern one bedroom apartment in Welwyn Garden City available for Shared Ownership. The property comprises of entrance hall, spacious open plan living room, fitted kitchen with washing machine/dryer, fridge/ freezer, hob and oven, one double bedroom and bathroom. The property benefits from one parking space, visitor's parking and well-kept communal gardens.
- Minimum income requirement - £25,944
- Buy more shares for a minimum of 10%
- Income requirement reduces if a higher deposit's available
Available for £73,500 for 35% share based on the marketing figure of £210,000.
Monthly rent - £365.83
Monthly Service Charge - £62.86
Total Monthly Charge - £428.69 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe property is close to local amenities; Tesco's express a stone's throw away, 10 mins walk into town with an array of shops and restaurants, many schools within walking distance. The property is also within walking distance to the mainline station, serving Kings Cross. There is also easy access to A1, M25, M25, Luton, Heathrow and Stansted.
EPC ratingEnergy Rating Band - D
Environmental Impact Band - D
Sofa available if needed. Fridge, wardrobe and breakfast bar and stalls also included at extra cost.
Lease informationYears remaining on lease: 122
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.
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