£135,000
2 bed flat for saleCoddington Close, East Herts, Hertfordshire SG12
2 beds
- Shared ownership
- Leasehold
SO Resi - Resale
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About this property
Two bedroom apartment
Modern kitchen
Private balcony
Parking available
Available for 45% share
5% minimum deposit only
This bright, modern two-bedroom apartment is now available in East Herts through Shared Ownership.
The property on the ground floor comprises an entrance hall with storage, a spacious living room with a modern open-plan kitchen, two double bedrooms and a bathroom
Outside, there is a private balcony and parking available. Perfect for couples and small families.
Available for £135,000 for 45% share based on the marketing figure of £300,000.
Monthly rent - £457.01
Monthly Service Charge - £132.65
Total Monthly Charge - £589.66 plus mortgage required for 45% share.
An annual rent increase takes place every April
Location
The property is located close to Ware town centre, which is 2.5 miles east of Hertford.
Ware offers a range of amenities including shops, supermarkets, restaurants, and 11 schools within 1 mile of the property.
Ware train station is only a 4-minute walk from the property and offers connections to London and Herford East.
EPC rating
Energy rating band - B
Environmental impact band - B
Other information
How we allocate Shared Ownership homes
We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.
If the home is managed by so Resi and mtvh
You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.
If the home is managed by another provider
Visit their website to find their allocation policy. Contact us if you have any questions.
In certain cases, 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.
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More information
Tenure
Leasehold (120 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
45%