Roe Hill Close, Hatfield, Hertfordshire AL10 9JE

£58,750 Shared Ownership

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  • Guideline Minimum Deposit £5,875
  • Guideline Income Dual £31k, Single £35.9k
  • Ground Floor
  • Approx. 650 Sqft Gross Internal Area
  • Semi-Open-Plan Reception/Kitchen
  • Built-In Wardrobe in Both Bedrooms
  • Parking Space
  • Double Glazing and Gas Central Heating

General Description

A Fantastic Opportunity to Purchase a Two Bedroom Flat, on a Shared Ownership (Part Buy/Part Rent) Basis, through Clarion Housing

 

SHARED OWNERSHIP (Advertised price represents 25% share. Full market value £235,000). This is a very well-presented flat, on the ground floor, which features a south-east-facing reception room with a good-sized, semi-open-plan kitchen. Both bedrooms are comfortable doubles and include a built-in wardrobe plus there is useful storage in the hallway. The bathroom is sleek and stylish. Energy-efficiency and environmental-impact ratings are high thanks to modern double glazing, gas central heating and insulation. The flat comes with a parking space plus there are additional visitor spaces.

 

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [HERE; http://bit.ly/2rDpdok]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

 

Tenure: Leasehold (100 years from 2005)
Share Available: 25% (£58,750)
Shared Ownership Rent: £674.00* per month
Service Charge: £116.05* per month
Guideline Minimum Household Income: £30,950**
Local Authority: Welwyn Hatfield***
Council Tax Band: C (£1561.12 for 2018-19)

The property is offered for sale on a sold-as-seen basis. Clarion Housing do not offer any warranties on the domestic appliances in the property or undertake to carry out any remedial work or redecoration work of a cosmetic nature. Pets not permitted (except assistance animals). Clarion Housing will expect you to maximise your affordability.

* The rent and service charge are subject to annual review.
** Assumes dual incomes and a 10% deposit of 25% share. Equivalent single-income figure would be £35,900.
*** Priority may be given to applicants that currently live and/or work in the Borough of Welwyn Hatfield.

Dimensions

Reception
15' 3" x 11' 9" (4.65m x 3.58m)
Kitchen
9' 5" x 8' 8" (2.87m x 2.64m)
Bedroom ( Bedroom 1 )
13' 11" x 10' (4.24m x 3.05m)
Bedroom ( Bedroom 2 )
10' 7" x 8' 9" (3.23m x 2.67m)
Bathroom
Energy Effeciency Rating

Floorplans


Shared Ownership

WHAT IS SHARED OWNERSHIP ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (GLA) in London and the Homes and Communities Agency (HCA) outside of London.

IS SHARED OWNERSHIP FOR YOU ?
The GLA and HCA set the eligibility criteria for Shared Ownership, but broadly speaking you must:
 Not own another property in the UK or any other country.
 Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
 Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
 Be in full time permanent employment.
 Be a British, EU or EEA Citizen or have indefinite leave to remain in the UK.
 Have a good credit history.
If you are still unsure about Shared Ownership or would like more information view [ Facts and Frequently Asked Questions]

Location

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