£192,500

This bright, charming, well-decorated two-bedroom apartment is now available in Welwyn Garden City through Shared Ownership.

The property is a split-level apartment. On the third floor, there is an entrance hall, a spacious living room with a modern open-plan kitchen and a WC. On the fourth floor, there are two bedrooms (one en-suite) and a bathroom.

Outside, there is a roof balcony and allocated off-street parking. Perfect for couples and small families.

Available for £192,500 for 55% share based on the marketing figure of £350,000.

Monthly rent - £435.83
Monthly Service Charge - £152.38
Total Monthly Charge - £588.21 plus mortgage required for 55% 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.

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.