The property
gia – 86m2
Lease terms – 119 years approx
Bedroom 1
• Double room
• Ensuite
Bedroom 2
• Double room
Bathroom/WC
WC
• Toilet downstairs
Kitchen
• Fully fitted kitchen
Dining Room
• Garden entrance
Outside
• Allocated parking
• Private rear garden
Shared Ownership
Council Tax Band: D
Energy Efficiency Rating – B
Location
The property is close to all amenities, such as; train station, hospitals, schools and shops.
School nearby
Tescos 200m
Leisure centre 200m
Country Park 500m
Eligibility
Priority will be given to those who live or work in the Central Broxbourne local authority area.
Shared ownership
The scheme allows you to purchase the specified share of the property price, and pay a reduced rent on the share you do not own. You will have the opportunity to buy further shares (subject to affordability) at a later date.
As a shared owner you will be an assured tenant until you own 100% of the shares for the property, after which you will own the leasehold interest.
Sale Price and Equity
Full market value: £390,000
Monthly net rent: £467.52
Share available: 50%
Monthly service charge: £23.04
Share price: £195,000
Council Tax rates payable: £1,900.55
Ground Rent: N/A
The rent review is every April. Quoted rental figures are based on the 2022/23 financial year.