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£108,000

2 bed terraced house for sale
Old Orchard View, Henlow, Bedfordshire SG16

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: B

  • Shared ownership
  • Leasehold

SOWN - Shared Ownership

Logo of SOWN - Shared Ownership

About this property

  • Modern shared ownership home

  • Two double bedrooms

  • Kitchen/dining room

  • Spacious reception room

  • Private garden

  • Two allocated parking spaces

  • Village location

Shared Ownership

This superb modern home is available to buy from as little as £108,000 with a 30% share!

A well-presented and thoughtfully arranged home situated in the popular village of Henlow, offering comfortable and practical accommodation across two floors.

The ground floor is arranged to provide a clear separation between living and entertaining space. A welcoming living room sits to the front of the property, offering an attractive and comfortable area for relaxation. To the rear is a kitchen/dining room that provides ample space for everyday cooking and dining, with direct access to the remainder of the ground floor. A convenient cloakroom is also located on this level, enhancing day-to-day practicality.

The first floor comprises two bedrooms, both well proportioned and suitable for a range of uses including main bedroom, guest room or home office. The principal bedroom benefits from an attractive bay feature, adding character and natural light. The accommodation is completed by a family bathroom, fitted to serve both bedrooms.

Outside, there is a private garden (accessbile via a private pathway across the back of the neighbouring gardens) and this home benefits from two allocated parking spaces in a nearby private car park.

Henlow is a highly regarded Bedfordshire village offering a pleasant balance of rural character and everyday convenience. The village benefits from a range of local amenities including shops, public houses, a primary school and village facilities, all contributing to a strong sense of community. More extensive shopping, leisure and educational options are available in nearby towns such as Hitchin, Letchworth Garden City and Biggleswade.

The area is well positioned for commuters, with Arlesey and Biggleswade mainline railway stations both within easy reach, providing fast and direct services into London St Pancras International. Road users benefit from convenient access to the A1(M), linking quickly to London, the M25 and the wider motorway network. For air travel, London Luton Airport is readily accessible, making the location particularly appealing for both domestic and international travel.

Surrounding countryside and open green spaces offer excellent opportunities for walking, cycling and outdoor recreation, while the nearby Henlow Lakes and leisure facilities further enhance the appeal of this desirable village setting.
Pricing & affordability


Full Market Value: £360,000

30% Share Price: £108,000 (rent £586.90 pcm)
Minimum 5% Mortgage Deposit (% share): £5,400
Approximate Service Charges: £43.61 pcm*
Lease: 88 years
Eligibility


Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

** This home can also be purchased outright (100% of the value) which is £360,000 and a purchaser would not need to meet the eligibility criteria listed above.

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More information

  • Tenure

    Leasehold (88 years)

  • Service charge

  • Council tax band

    A band has not yet been confirmed.

  • Ground rent

  • Ground rent date of next review

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Property descriptions and related information displayed on this page are marketing materials provided by - SOWN - Shared Ownership. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact SOWN - Shared Ownership for full details and further information.