1 bed flat for sale

Bridge Road East, Welwyn Garden City AL7

Applications now open for a brand-new collection of beautifully designed 1-bedroom apartments at Bloom!

Choose from a selection of layouts, each featuring a bright open-plan kitchen, dining and living area with direct access to your own private balcony-perfect for relaxing or entertaining.

The spacious double bedroom is complemented by a contemporary bathroom, with ample storage throughout for added convenience.

Development details:
Introducing Bloom, where local living begins! An exciting collection of 1 & 2 bed Shared Ownership homes coming soon to the heart of Welwyn Garden City!

A quick Google tells us that the average property prices in Welwyn Garden City are around 50% higher than UK averages. Being in such a nice area, with a strong local jobs market and in such proximity to London really does drive prices up.

But sng are here to help, with Shared Ownership homes coming soon you can get a slice of Hertfordshire property by buying a 25% share in your home. That means you need a much smaller deposit too. You can decorate how you like, buy more shares when you can, and sell when you’re ready to move on, keeping your share of any equity.

What is Shared Ownership?
With Shared Ownership you buy the share you can afford and pay rent on the share that's left.

Benefits include:
- Affordable monthly mortgage payments (compared to full ownership)
- Ability to buy more shares in your home via staircasing
- Opportunity to build your equity

Purchase Example:
Full Market Value: £272,500
25% Share Price: £68,125
Rent on un-owned share £468.36pcm
Estimated service charge £241.44pcm

Shared Ownership could be for you if:
- You are over the age of 18
- Your household income is less than £80,000
- It will be the only property you own