1 bed flat for sale

Pearmain House, Blossom Drive, Welwyn Garden City AL7

Description

Set on the first floor of a modern and well maintained development, this beautifully presented one bedroom apartment offers bright, contemporary living in immaculate condition throughout. Built just four years ago, the property still feels fresh and modern, making it an ideal purchase for first time buyers, downsizers, or investors seeking a turnkey home.

The apartment features a spacious open-plan living and kitchen area, flooded with natural light, creating a welcoming and versatile living space. The modern kitchen is finished to a high standard and comes complete with integrated appliances, including a dishwasher, offering both style and practicality.

The bedroom is a well proportioned double, complemented by a modern bathroom finished to a good standard, providing both comfort and convenience.

Further benefits include a long lease of approximately 994 years remaining, offering long-term peace of mind for buyers.

Ideally situated close to the town centre, the property enjoys easy access to a wide range of local amenities, transport links, shops, and restaurants, making it perfectly suited for modern living.

Available on a 50% shared ownership basis, this is a fantastic opportunity to step onto the property ladder and enjoy modern apartment living in a sought after setting. The full market value of the property is £250,000, with a 50% share available to purchase at £125,000, providing a more accessible route into homeownership.

Shared Ownership Details

Percentage of Share Being Sold: 50%
Share Purchase Price: £125,000 (based on a full market value of £250,000)

Rent on Remaining Share: £410.34 per month
Service Charge: £126.16 per month

Tenure: Leasehold (994 years)
Service Charge: £126.16 per month
Shared Ownership: 50% being sold, £410.34 per month rental payments
Rent £384.04

Lease managment fee £26.30