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Property Listing Details

Property details

  • 2 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • Leasehold
  • 40% shared ownership apartment
  • Open plan living
  • Two bedrooms
  • Parking
  • Close to local ammenities
  • Brand new home

Listing view statistics

Last 30 days: 458 page views

Since listed: 3073 page views

Description

*** shared ownership ***

This two bedroom brand new apartment is available for sale on a part-buy, part-rent basis from as little as £164,000 for a 40% share.

The accommodation includes allocated parking and comprises: Entrance hall, lounge/dining room with a ‘London-style’ open plan fitted kitchen, two bedrooms and a bathroom.

Some of the specification included as standard with these homes are: Integrated oven, hob and extractor hood, ‘Regency’ carpet in living area and bedrooms, premium vinyl in kitchen, bathroom and WC, turfed private garden and Ideal Logic Code Combi boiler.

The homes in Beaumont School are ideal for those looking for access to central London as well as open countryside to explore. They are located between the A1, M1 and M25, with local rail links allowing access to central London in approximately 40 minutes.

There are a range of primary and secondary school located on your doorstep, as well as multiple local shops, parks and amenities to keep you busy!

40% Share Price: £164,000 (Rent £563.75 pcm)
50% Share Price: £205,000 (Rent £469.79 pcm)
75% Share Price: £307,500 (Rent £234.89 pcm)

Min 5% Mortgage Deposit (40% share): £8,200

Service Charge - £79.62
*Service charges and rent will vary depending on the unit, please enquire.

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

• Your household income does not exceed £80,000 (outside of London) and £90,000 (inside of London)
• 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.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*These photos are for information purposes only and may not represent a true likeness for the units being sold. They have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.

Floorplan

Map & Nearby

Local Amenities

  • St Albans City 1.3 miles
  • St Albans Abbey 2.1 miles
  • Beaumont School 0.1 miles
  • Oakwood Primary School 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • St Albans City 1.3 miles
  • St Albans Abbey 2.1 miles
  • Beaumont School 0.1 miles
  • Oakwood Primary School 0.2 miles

Market stats

Sale activity

Average estimated value for a flat in AL4:

  • £269,072
  • Price decrease

  • -£6,017
  • (-2.187%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £259,755
  • Properties sold

    37

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom flat in AL4 is currently:

£1,114 pcm

Recent sales nearby

See all recent sales in AL4
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
11th Dec 2019 £164,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Leaders - 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 Leaders - Shared Ownership for full details and further information.