£157,500
2 bed flat for saleTeale House, Hoddesdon, Hertfordshire EN11
2 beds
1 bath
1 reception
- Shared ownership
- Leasehold
Christopher Stokes
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About this property
70% Shared Ownership (£157,500 based on £225,000 full value)
Two Generously Sized Bedrooms
Allocated Parking Space
99-Year Lease
Walking Distance to Rye House br Station
Easy Reach of Shops, Bus Routes & Hoddesdon Town Centre
Easy Access to A10
Ideal First Time Purchase
Teale House, Hoddesdon, En11
Situated in the sought-after Teale House development in Hoddesdon, this well-presented two-bedroom second floor flat offers a fantastic opportunity for first-time buyers or those looking to step onto the property ladder through the shared ownership scheme.
Boasting well-proportioned bedrooms, this spacious flat also features a bright and airy living space, a modern fitted kitchen, and a contemporary bathroom. The property benefits from allocated parking and a 99-year lease, offering comfort and convenience in equal measure.
Perfectly located within walking distance to Rye House br Station, with regular services into London, and just a short distance from bus routes, Hoddesdon Town Centre, and a variety of local amenities, this home provides the ideal balance between connectivity and community.
70% Shared Ownership (£157,500 based on £225,000 full value)
Monthly Rent - £213.35
Monthly Service Charge - £209.53
Total Monthly Charge - £422.88 plus mortgage required for 70% share.
An annual rent increase takes place every April
Lounge - 4.81m x 3.56m
Kitchen - 1.74m x 3.13m
Bedroom - 3.80m x 3.09m
Bedroom - 3.54m x 1.99m
Bathroom - 1.74m x 1.96m
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More information
Tenure
Leasehold (99 years)
Service charge
£2,514 per year
Council tax band
C
Ground rent
Ground rent date of next review