Guide price
£50,000
2 bed flat for saleGrove Road, Hitchin SG4
2 beds
1 bath
1 reception
EPC Rating: C
- Shared ownership
- Leasehold
Keller Williams
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About this property
Shared Ownership Share Available: 25%
Price for 25% Share: £58,750
Full Market Value: £235,000
Minimum Deposit £2,937.50
Monthly Rent on Unowned Share £612.81
Monthly Lease Management Fee £26.23
Monthly Service Charge £161.26
Total Monthly Cost Before Mortgage £800.30
Bedrooms: Two
Tenure: Leasehold
This well-presented two-bedroom apartment on Grove Road, Hitchin is available through the Shared Ownership scheme, offering buyers the opportunity to purchase a 25% share for £58,750, based on a full market value of £235,000.
For those in a position to do so, the property is also available for 100% outright purchase.
Designed to offer a practical and comfortable living environment, the apartment extends to approximately 624 sq ft and forms part of a purpose-built development constructed in 2006. The accommodation includes a welcoming reception room, ideal for both relaxing and entertaining, alongside two well-proportioned bedrooms, making it suitable for couples, small families or those needing space for home working.
The bathroom is neatly arranged and functional, complementing the modern layout of the apartment. Overall, the property offers a bright, contemporary feel and is well suited to buyers seeking a low-maintenance home.
Located in a highly desirable part of Hitchin, the apartment benefits from excellent access to a wide range of local amenities, including shops, cafés, restaurants and green spaces. Hitchin’s strong community feel, combined with its convenient transport links and vibrant town centre, makes it a popular choice for first-time buyers and downsizers alike.
This property represents an excellent opportunity to secure an affordable home through shared ownership, or to purchase outright in a sought-after Hertfordshire location.
Early enquiry is advised
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More information
Tenure
Leasehold (91 years)
Service charge
£1,935 per year
Council tax band
B
Ground rent
£300
Ground rent date of next review
Shared ownership percentage owned
25%
Shared ownership rent
£613 per month