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1 bed Flat For Sale £52,500
Cotterells, Hemel Hempstead HP1


Description
Property summary

The property is available on a 25% shared ownership basis - please note that buyers will need to meet certain criteria set out by Hightown Housing Association which are detailed below.
Entrance hall


Doors to all rooms, and a large built-in storage cupboard housing the gas boiler and a pressurised hot water system.
Kitchen / lounge / dining area


An open plan space with a window to the rear aspect. The kitchen incorporates a built-in electric hob with oven and extractor, and there is space / plumbing for additional appliances. A large window overlooks the main plaza area.
Bedroom


A double bedroom with a window overlooking the plaza area.
Bathroom


Suite comprises a close-coupled WC, a hand basin with mixer tap, and a panel bath with mixer tap and shower attachment.

Parking

An allocated space in the residents' car park.

Energy rating - tbc

lease information & monthly charges

Unexpired term - 88 yearsService charge - £162.84Water charge - £16.25Management fee - £23.33Planned maintenance - £23.00Rent - £394.00

hightown's eligibility criteria

The eligibility for a Shared Ownership property is if;

* you can’t afford to buy a house on the open market
* you are a British, EU or eea citizen or have ‘indefinite leave to remain’ in the UK
* you have a permanent contract of employment and not within a probationary period
* you have at least three years’ of audited accounts if you are self employed
* your income fits affordability for the property you wish to buy
* you have savings to cover the mortgage deposit plus approximately £3,000 for legal, survey and mortgage fees plus stamp duty (if applicable).

Check any possible stamp duty fees with your solicitor at the time of purchase.

If you don’t need a mortgage to purchase your share you will need enough funds to cover the above costs, less the mortgage fees.

Follow the link for more information:
        
zoopla.co.uk

  
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