Teale House, Colthurst Gardens, Hoddesdon, Hertfordshire - 25% share (£52,500)

Full price: £210,000 The full value of the property

Share value: 25% - £52,500

Estimated monthly cost*: £810

Estimated Monthly Mortgage*: £263

SO Resi Monthly Payment: £394.52 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £153.25 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.

** Monthly service charges are an estimate but include (where applicable); buildings insurance, ground rent, management and audit fees, cleaning, lighting, landscaping and general maintenance of communal areas.

Years on lease: 106

Eligibility: Live or Work in Local Authority

This well-presented second floor flat comprises hallway, living room, new fitted kitchen, two bedrooms and bathroom.The residents can take advantage of the allocated parking space and the nature reserve that the property is located close to.


The property is located two miles away from town centre, close to nature reserve. Rye House train station is within a 3 minute walking distance from the property;close to A10 and A414


Key Features

  • Two bedroom second floor flat
  • Good condition
  • Safe entry system
  • Double glazed
  • Gas central heating system
  • Close to local amenities in Hoddesdon
  • Full Description

    A two bedroom second floor flat located in Hoddesdon available through Shared Ownership Scheme
    Available for £52,500 for 25% share based on the marketing figure of £210,000

    SO Resi Monthly Payment - £394.52
    Monthly Service Charge - £153.25
    Total Monthly Charge - £547.77 PLUS MORTGAGE REQUIRED FOR 40% SHARE

    To buy more shares increase to 60% or 80% or 100%

    The property comprises a two bedroom, second floor purpose built flat within a four storey block containing eight units. The accommodation comprises as follows: hallway, living room, new fitted kitchen, two bedrooms and bathroom. The property also benefits from an allocated parking space.

    EPC Rating
    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 refer to Resale Team for up to date information.

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