Full price: £360,000 The full value of the property
Share value: 50% - £180,000
Estimated monthly cost*: £1,376
Estimated Monthly Mortgage*: £902
SO Resi Monthly Payment: £334.80 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £139.52 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 176
This modern apartment in Stanmore is available for sale through the Shared Ownership Scheme. The property comprises entrance hall, open plan lounge, kitchen and dining room, two bedrooms and family bathroom with bath/shower. The lounge has large windows, on two walls, overlooking the grass and trees in the communal areas. The property offers an allocated parking space which is longer than average and access to a shared bike store on the ground floor. There are open communal grounds around the building and a restricted access communal garden a short walk along Capel Crescent. The restricted access gardens are accessed through a gate with a security code lock.
- Minimum income requirement - £56,629
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
The property is 15 minute walk to local shops, 5 minute drive to Stanmore train station (on the Jubilee line) and Aspire swimming pool and gym is a 5 minute walk away. 142 bus stop is 5 minute walk and that takes you to Watford town centre, Brent Cross shopping centre and Stanmore high street. Stanmore common and Bentley priory are local walks that are ideal for residents. Restaurants are a 5 minute drive away in Stanmore high street and Bushey. The flat is situated 4.5 miles from the center of Watford and 4 miles to Edgeware. There are 5 schools within 1 mile. Nearest Tube stations are Stanmore (1.2 miles), Canons Park (2.0 miles) and the nearest Train station is Elstree & Borehamwood (2.3 miles).
Gas central heating throughout
Allocated parking space
Security code lock
Close to local amenities in Stanmore
A two bedroom apartment located in Stanmore available through the Shared Ownership Scheme.
Available for £180,000 for 50% share based on the marketing figure of £360,000.
SO Resi Monthly Payment - £334.80
Monthly Service Charge - £139.52
Total Monthly Charge - £474.32 PLUS MORTGAGE REQUIRED FOR 50% SHARE.
Modern two double bedroom flat with long lease (176 years). Open plan living room and kitchen with dinning area, it’s a light and open space with large windows, over looking the communal gardens. Built in oven with gas hob and extractor fan. Master bedroom with built in wardrobe with double hanging space. Second double bedroom has a large window with a view over the green. Bathroom has a shower over the bath. Boiler under a year old in hallway storage cupboard, the cupboard has been utilised for storage.
4.14 m x 2.77 m
4.26 m x 2.63 m
2.26 m x 1.71 m
6.61 m x 4.12 m
Energy Rating Band - B
Environmental Impact Band - B
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
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