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18 Perrett Gardens

Shared ownership

Hertford, SG14 2LW

For sale
Shared ownership
Photo of 18 Perrett Gardens
Live from space album cover

from

£165,000

with min. deposit

£8,250

60% Share from
£165,000
Full market price
£275,000
Minimum deposit
£8,250
Monthly rent
£177
Monthly service charge
£85.21

2 bedroom flat

A chance to buy a well-loved home in the delightful, market town of Hertford. Don't miss this fantastic opportunity to purchase this two-bedroom apartment through Shared Ownership for a 60% share. 

This cosy, modern apartment can be found on the second floor, the lounge area is bright and inviting, there is a double bedroom plus an additional bedroom that is being used as a useful, study room. The apartment is located within a small purpose-built development which is three storeys high, surrounded by well-maintained communal gardens and a surfaced parking area where you can park one vehicle. This home has everything you would want nearby …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area59
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years110

from

£165,000

with min. deposit

£8,250

60% Share from
£165,000
Full market price
£275,000
Minimum deposit
£8,250
Monthly rent
£177
Monthly service charge
£85.21
Network Homes

Network Homes

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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