Regents House, Frogmore Road, Hemel Hempstead, Hertfordshire, HP3 9GP

Overview

A spacious and high specification third floor one bedroom apartment in immaculate condition, within this popular development, constructed in 2021, just a short walk from Apsley mainline train station. 

Now available as Shared Ownership & Out--Right Sale. 

This property comprises of an open-plan kitchen / living room, one double bedroom and a bathroom. The kitchen comprises a range of wall and base units, a stainless-steel sink / drainer, an integrated oven with induction hob and spaces for other appliances. A  door off the living area provides access onto a balcony overlooking the communal garden. 

The property benefits a large & bright bedroom space, with lots of space for storage.  The lovely bathroom is fitted a white suite, comprising pedestal wash handbasin, WC and a bath with a shower screen. An additional utility room is also included within the property. 

The building is situated adjacent to the Grand Union Canal. A modern residential development in the area of Apsley to the south-west of Hemel Hempstead. approximately one mile from the town centre, while the nearest mainline railway station is Apsley, which is approximately 15 minutes' walk away and provides a regular train service into London and Milton Keynes. 

Affordability

Property Value: £275,000

Share %: 40%

Share Value £: £110,000

Monthly Rent: £419.51 ( Based on the share amount not owned)

Monthly Service Charge: £78.96

Lease term remaining: 125 years from 2020

ELIGIBILITY

You must be at least 18 years old.

Outside of London your annual household income must be less than £80,000.

You cannot own another home. Shared Ownership purchasers are often first-time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it. 

You should not be able to afford to buy a home suitable for your housing needs on the open market.

You must show you are not in mortgage or rent arrears.

You must be able to demonstrate that you have a good credit history.