Liberty House, Bessemer Road

Available

Full price: £350,000 The full value of the property

Share value: 35% - £122,500

Estimated monthly cost*: £1,222

Estimated Monthly Mortgage*: £614

SO Resi Monthly Payment: £524.88 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £83.23 Residents of a development pay this for maintenance of communal/external areas

* Costs shown are approximate and based on a mortgage APR of 3.99% over 25 years. Minimum 5% deposit shown. An independent financial adviser will help guide you through the process.

** Residents of a development pay this for maintenance of communal/external areas


Years on lease: 121

This modern duplex flat in Welwyn Garden City is now available for sale through the Shared Ownership Scheme. The property comprises entrance hall, spacious living room with access to a private balcony, fitted kitchen and separate WC on the third floor. On the fourth floor of the flat there are two double bedrooms and two bathrooms. The property benefits from one parking space and well-kept communal gardens.

Location

Liberty House is part of the Times Square Development off Bessemer Road, Welwyn Garden City within an area of mainly residential property on the eastern side of Welwyn Garden City. The property is within walking distance of the town centre and the main line railway station.

Description

Key Features

  • Two bedroom duplex flat
  • Good condition
  • Modern construction
  • Double glazing
  • Well-maintained communal gardens
  • One allocated parking space
  • Close to local amenities in Welwyn Garden City

Full Description

A two bedroom duplex flat located in Welwyn Garden City available through the Shared Ownership Scheme

Available for £122,500 for 35% share based on the marketing figure of £350,000

SO Resi Monthly Payment - £524.88
Monthly Service Charge - £83.23
Total Monthly Charge - £608.11 PLUS MORTGAGE REQUIRED FOR 35% SHARE
Minimum income requirement - £41,963

London properties - Incomes required are based on the following assumptions: Deposit 5%, mortgage interest rate 2.99% & mortgage term 25 years. Income required will be reduced if you have a higher deposit available.

Buy more shares for a minimum of 10%

The property comprises a purpose built, duplex flat on the 3rd and 4th floor of a five-storey building. The property is situated within a large development of similar flats built.

Property Details

Third Floor
Entrance Hall, Living Room, Kitchen, Separate WC, Balcony

Fourth Floor
2 Bedrooms, 2 Bathrooms

Externally
The block is surrounded by reasonably, well maintained communal areas
Allocated parking space

EPC Rating

Energy Rating Band - D
Environmental Impact Band - D

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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