Total views: 649
Floorplan
MapShared ownership
£173,2502 bedroom apartment for sale
Winston House, Blossom Drive, Welwyn Garden City
Recently added
Apartment
2 beds
1 bath
Key information
Tenure: Leasehold | unconfirmed share | 994 yrs left
Service charge: £895.20 per annum
Council tax: Ask agent
Broadband: Ultra-fast 1800Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Modern shared ownership home
- Second floor
- Two double bedrooms
- Open plan kitchen/living space
- Close to Welwyn Railway Station
- Long lease
- Parking
Shared Ownership
This superb modern home is available to buy from as little as £173,250 with a 55% share!
Conveniently located close to Welwyn Garden City Railway Station is this second floor apartment. The property is well presented throughout and provides bright and spacious accommodation. There is an entrance hall, two double bedrooms, a modern bathroom and an open plan kitchen/dining/living room. The property benefits from an allocated parking space and a long lease.
Welwyn Garden City 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: £315,000
55% Share Price: £173,250 (rent £373.75pcm)
Minimum 5% Mortgage Deposit (55% share): £8,663
Approximate Service Charges: £74.60 pcm*
Lease: 995 years remaining
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 superb modern home is available to buy from as little as £173,250 with a 55% share!
Conveniently located close to Welwyn Garden City Railway Station is this second floor apartment. The property is well presented throughout and provides bright and spacious accommodation. There is an entrance hall, two double bedrooms, a modern bathroom and an open plan kitchen/dining/living room. The property benefits from an allocated parking space and a long lease.
Welwyn Garden City 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: £315,000
55% Share Price: £173,250 (rent £373.75pcm)
Minimum 5% Mortgage Deposit (55% share): £8,663
Approximate Service Charges: £74.60 pcm*
Lease: 995 years remaining
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.
Property information from this agent
About this agent
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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