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21 Hanstead Park

Shared ownership

8 Dower House, St. Albans, AL2 3FY

For salenew home
Shared ownership
Plot  gallery image
Live from space album cover

from

£173,250

with min. deposit

£8,663

45% Share from
£173,250
Full market price
£385,000
Minimum deposit
£8,663
Monthly rent
£485
Monthly service charge
£85

2 bedroom flat

Wonderful 2 bedroom apartment in the Hanstead Park development. The price advertised represents purchasing a 45% share of the home.

 

About the Development

 

Hanstead Park is a fabulous new development, perfectly placed within the thriving Hertfordshire village of Bricket Wood, close to excellent transport links and with easy access to Watford, St Albans and London. It also benefits from a range of local amenities, including nursery and primary schools, shops, post office, medical centre and dental practice. Further to this, a couple of great local pubs, a community centre and a social club, plus a host of church and community activities add to …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Tenureleasehold

from

£173,250

with min. deposit

£8,663

45% Share from
£173,250
Full market price
£385,000
Minimum deposit
£8,663
Monthly rent
£485
Monthly service charge
£85
Sage Housing

Sage Housing

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

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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