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Popular
Total views:  2500+
Shared ownership
£148,500

1 bedroom apartment for sale

Broadwater Road, Welwyn Garden City, Hertfordshire
Chain-free
Apartment
1 bed
1 bath
Added > 14 days

Key information

TenureLeasehold | unconfirmed share | 988 yrs left
Service charge£1,522.68 per annum
Council taxAsk agent
BroadbandUltra-fast 1800Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Stunning shared ownership apartment
  • One double bedroom
  • First floor
  • Ample storage
  • Fitted kitchen open plan with living space
  • No onward chain
  • Private balcony
Shared Ownership

This superb modern home is available to buy from as little as £148,500 with a 55% share!

A beautiful first floor apartment with a private balcony and no onward chain complications. This immaculate property provides bright and spacious accommodation consisting of an entrance hall with ample storage, a large double bedroom, contemporary bathroom and a stunning fully fitted kitchen open plan with a fabulous living space with a door on to the balcony. Further benefits include a 988 year lease and no onward chain.

Huntington House sits just a short drive from of the town of Welwyn Garden City which offers a wide range of amenities and shops including John Lewis, Waitrose and the Howard Centre. The town has a mainline railway station with fast and frequent services into London Kings Cross and Moorgate. Providing good transport links via road is the A1(M) which is within easy access. Sports clubs, Gosling Sports Park, Stanborough Lakes and The Campus West for theatre, cinema and library are also situated within close proximity of the property.

PRICING & AFFORDABILITY

Full Market Value: £270,000

55% Share Price: £148,500 (rent £334.59pcm)
Minimum 5% Mortgage Deposit (% share): £7,425
Approximate Service Charges: £126.89 pcm*
Lease: 988 years

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

* This home can also be purchased outright (100% of the value) which is £270,000 and a purchaser would not need to meet the eligibility criteria listed above.

Property information from this agent

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About this agent

SOWN - National
SOWN - National
Crowthorne House, Nine Mile Ride Wokingham RG40 3GZ
023 8221 9179
Full profileProperty listings
Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared ownership, which allows us to give the shared ownership market the attention it deserves. We're currently operating out of hubs in Wokingham, London and Nottingham. At SOWN, we take care of everything. As part of the 40-year-strong Leaders Romans Group, we offer a comprehensive range of property services for landlords, buyers, sellers, property developers and Housing Associations. Whether it's residential sales and auctions, mortgages and financial advice, build to rent, new homes, surveys, lettings, or planning and architecture; our experts will guide you every step of the way. Our formula for getting shared ownership right is setting up dedicated and highly experienced teams for every stage of the process. Our Pre-sales team handles all enquiries, which are then passed onto the Move Managers (sales progressors). We can also provide buyers with access to surveyors, legal services and our specialist mortgage advisor, Mortgage Scout, for support and up-to-the-minute advice. Ready to start your shared ownership journey? To find out how SOWN can help you find your dream home, contact us today.
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