£280,000
Modern and bright two-bedroom apartment now available in Welwyn Garden City through Shared Ownership.
The property features an entrance hall, kitchen, lounge and dining room leading to the wrap-around balcony, two bedrooms and two bathrooms.
The property offers residents an allocated parking space and access to a shared garden area.
Available for £280,000 for 80% share based on the marketing figure of £350,000.
Monthly rent - £215.05
Monthly Service Charge - £149.70
Total Monthly Charge - £364.75 plus mortgage required for 80% share.
An annual rent increase takes place every April
LocationThe property is located close to the centre of Welwyn Garden City and benefits from close proximity to all local amenities including schools, supermarkets, shops, and restaurants. The property is situated close to the A1(M) and the nearest train station, Welwyn Garden City, is only 0.5 miles away and offers a fast connection to London Kings Cross.
EPC ratingEnergy rating band - B
Environmental rating band - B
Lease informationYears 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.
Other informationThis property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.
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