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29 Bridgewater Gardens

Shared ownership

Bridgewater Gardens, Hoddesdon, EN11 0FG

Sale under offer
Shared ownership
Photo of 29 Bridgewater Gardens
Live from space album cover

from

£150,000

with min. deposit

£7,500

50% Share from
£150,000
Full market price
£300,000
Minimum deposit
£7,500
Monthly rent
£270
Monthly service charge
£180
Reservation free
£500

2 bedroom flat

ONE 2-bedroom apartment is through Shared Ownership Resales.

This well-presented 2 bedroom apartment found on the second floor, in the sought after development of Bridgewater Gardens in Hoddesdon.

The property is 71m2/764.23ft2 and comprises of a fully fitted kitchen with open plan living area, two double bedroom with ensuite to the master and the main bathroom. The property is well presented, and it has the added benefit of a private balcony overlooking the river.

The property has secure underground parking with 2 allocated parking space.

Local Area Information

Commuting couldn't be easier with Rye House train station on your doorstep, taking …

Features

Allocated parking

Balcony

Bedrooms2
Bathrooms2
Reception rooms1
Furniture statusunfurnished
Floor area71
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years125
EER Current84
EIR Current84

from

£150,000

with min. deposit

£7,500

50% Share from
£150,000
Full market price
£300,000
Minimum deposit
£7,500
Monthly rent
£270
Monthly service charge
£180
Reservation free
£500
B3Living

B3Living

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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