2 bed flat for sale

Bornedene, Potters Bar, Hertfordshire EN6

This bright and well-connected two bedroom apartment is now available in Hertfordshire through Shared Ownership.

The property on the ground floor comprises an entrance hall, a living room, separate kitchen, two bedrooms and a bathroom. Perfect for singles, couples or small families.

Outside, the property also benefits from an allocated parking space and communal grounds.

Disclaimer:

The advertised lease length is subject to a simultaneous lease extension upon completion at no cost to the buyer.

Available for £143,100 for 53% share based on the marketing figure of £270,000.

Monthly rent - £464.1
Monthly Service Charge - £166.04
Total Monthly Charge - £630.14 plus mortgage required for 53% share.

On certain properties, service charges may be billed in different frequencies. For the purposes of illustration, our advertisement will state the equivalent monthly charge. Where charges are not billed monthly, purchasers will be informed before proceeding.

An annual rent increase takes place every April

Location

The property is situated around 1.6 miles west of Potters Bar High Street and offers excellent access to the A1(M).

Potters Bar train station is approximately 19 minutes away by foot, providing National Rail services via Great Northern and Thameslink. There are several bus stops within a 7-12 minute walk.

A large supermarket is just a 5 minute drive away. The local high street is a 4 minute drive or a short bus journey, offering a mix of amenities including supermarkets, pharmacies, retail shops, hairdressers, restaurants and cafés.

Large recreational grounds, a leisure centre, a community centre and a skate park are all within a 5-10 minute walk. Ideal for leisure, community clubs and outdoor activities nearby.

In addition, there are several schools in the area. Perfect for families with small children.

EPC rating

Energy rating band - C

Environmental impact band - B

Other information

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by so Resi and mtvh

You can read the Shared Ownership allocation policy on the mtvh website. So Resi is the Shared Ownership brand of mtvh, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.