£178,750
2 bed flat for saleWoolworth House, Welwyn Garden City, Hertfordshire AL7
2 beds
Shared ownership
Leasehold
About this property
Two bed apartment
Juliet balcony
Shared garden
Off-street parking
Available for 55% share
5% minimum deposit only
This beautiful and well-decorated two bedroom apartment is now available in Welwyn Garden City through Shared Ownership.
The property on the fourth (top) floor features an entrance hall with built in storage, a spacious living room with an open plan kitchen, two bedrooms and a bathroom.
Outside, there is a Juliet balcony, allocated off-street parking and a shared garden area. Perfect for couples and small families.
Available for £178,750 for 55% share based on the marketing figure of £325,000.
Monthly rent - £459.28
Monthly Service Charge - £189.37
Total Monthly Charge - £648.65 plus mortgage required for 55% 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 within a well-established residential development, conveniently positioned close to the heart of Welwyn Garden City.
A wide range of everyday amenities are easily accessible, including supermarkets, pubs, and several schools, all within a short drive or a brief bus journey.
The area benefits from excellent transport links, with a bus stop just a 3 minute walk away offering regular services across the local area. Welwyn Garden City train station is also within easy reach, approximately a 15 minute walk or 5 minute drive, providing Great Northern and Thameslink services with direct connections into central London. In addition, the A1(M) is nearby, making travel by car simple and efficient.
Welwyn Garden City town centre offers a range of shops, supermarkets, cafés, and restaurants, as well as a variety of leisure and entertainment options, including a cinema, library, roller skating rink, and several gyms.
EPC rating
Energy rating band - B
Environmental rating 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.
The property on the fourth (top) floor features an entrance hall with built in storage, a spacious living room with an open plan kitchen, two bedrooms and a bathroom.
Outside, there is a Juliet balcony, allocated off-street parking and a shared garden area. Perfect for couples and small families.
Available for £178,750 for 55% share based on the marketing figure of £325,000.
Monthly rent - £459.28
Monthly Service Charge - £189.37
Total Monthly Charge - £648.65 plus mortgage required for 55% 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 within a well-established residential development, conveniently positioned close to the heart of Welwyn Garden City.
A wide range of everyday amenities are easily accessible, including supermarkets, pubs, and several schools, all within a short drive or a brief bus journey.
The area benefits from excellent transport links, with a bus stop just a 3 minute walk away offering regular services across the local area. Welwyn Garden City train station is also within easy reach, approximately a 15 minute walk or 5 minute drive, providing Great Northern and Thameslink services with direct connections into central London. In addition, the A1(M) is nearby, making travel by car simple and efficient.
Welwyn Garden City town centre offers a range of shops, supermarkets, cafés, and restaurants, as well as a variety of leisure and entertainment options, including a cinema, library, roller skating rink, and several gyms.
EPC rating
Energy rating band - B
Environmental rating 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.
Mortgage calculator
Monthly repayment
£894 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (117 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
Shared ownership percentage owned
55%



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