2 bed Flat For Sale £80,000
Modern, well-presented two-bedroom apartment in Welwyn Garden City available through Shared Ownership. This ground-floor apartment comprises an entrance hall with utility storage cupboards, an open-plan kitchen and lounge area, two bedrooms, and a bathroom with a shower over the bath. The property also benefits from allocated off-street parking space, and access to communal areas and rear patio area.
Minimum income required: £33,517
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £80,000 for 25% share based on the marketing figure of £320,000.
Monthly rent - £579.54
Monthly Service Charge - £100.77
Total Monthly Charge - £680.31 plus mortgage required for 25% share.
An annual rent increase takes place every April
EPC rating
Energy Rating Band - B
Environmental Impact Band - B
Other information
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.
Minimum income required: £33,517
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £80,000 for 25% share based on the marketing figure of £320,000.
Monthly rent - £579.54
Monthly Service Charge - £100.77
Total Monthly Charge - £680.31 plus mortgage required for 25% share.
An annual rent increase takes place every April
EPC rating
Energy Rating Band - B
Environmental Impact Band - B
Other information
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.
