About this property

TENURE: Leasehold

  • New Homes
  • Shared Ownership

Shared Ownership

A brand new two bedroom, second floor apartment on Shared Ownership. The full market value of 380,000 is available to purchase from a 25% share at 95,000 with a deposit of 4,750. With a reservation fee of only 99. Call now to register your interest.

Plot 144 is a two bedroom apartment wonderfully placed within a collection of 1 and 2 bed apartments by Weston Homes on St Albans Road, Watford.

This in demand new home features a lift and video door entry and briefly comprises a contemporary lay out of open plan living room/kitchen/diner, two sizeable bedrooms, storage and a bathroom including a bath. One of the apartment's biggest draws however is the glorious, private, south facing terrace. The home is complemented further by its fixtures and fittings. With the specification including flooring throughout and to the bathroom; a heated towel rail and full height wall tiling to the bath area.

Financial Breakdown:

Full market value: 380,000

25% share value 95,000

5% deposit: 4,750

Rent charged on un-owned share: 2.75%

Rent on un-owned share (50%) 435.42

Estimated monthly service charge: 44

St Alban's Road is perfectly located close to the bustling Watford High Street. Declared by the office of national statistics as "The happiest place to live in the east of England" it is easy to see why with all that Watford has to offer. Watford provides so much more than just great transport links, the charming town has bundles of character with its full history, picturesque Cassiobury Park and the River Colne flowing by. Running through the heart of Watford is the shopping district with its abundant choice of shops, entertainment and eateries. There is a thriving entertainment and music scene whilst Harry Potter fans will be truly spell bound with the Harry Potter studio tour only 13 min away.

This home gives the perfect base for commuters with London Euston journey times of just 16 minutes. The local train station of Watford Junction is only a 5 minute walk and access to the M25 is less than 10 minutes away.

What is Shared Ownership?

If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

About Legal and General Affordable Homes

Legal & General Affordable Homes are a Registered Provider offering these homes for sale on a Shared Ownership basis. We are creating communities to live, grow and flourish and are committed to removing the stress and anxiety associated with moving house, whilst delivering customer satisfaction and quality new homes.

Please note, images have been used for illustrative purposes only. Specification, layout and finish may be subject to change..

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Agent details

Bairstow Eves North Finchley

  • 829 High Road
  • Finchley
  • London
  • N12 8PR
Phone IconIcon set Phone 020 3369 4276

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