7 Kingsbury Gardens
Flat 3, St. Albans, AL4 0FW
from
£92,500
with min. deposit
£4,625
2 bedroom flat
The accommodation includes allocated parking and comprises: entrance hall, a ‘London-style’ open plan lounge/kitchen/diner, two bedrooms and a bathroom. The shared ownership apartments are located on the ground, first and second floor.
PRICING & AFFORDABILITY
Approximate size: 72 sq m
Full Market Value - £370,000
25% Share Price: £92,500 (Rent £635.94pcm)
45% Share Price: £166,500 (Rent £466.35pcm)
60% Share Price: £222,000 (Rent £339.17pcm)
75% Share Price: £277,500 (Rent £211.98pcm)
Min 5% Mortgage Deposit (25% share): £4,625
Service Charge - £83.87 pcm
Key Features
- Brand New Shared Ownership Home
- Open-Plan Lounge/Kitchen/Diner
- Allocated Parking
- Two…
Features
Bedrooms | 2 |
Bathrooms | 1 |
Reception rooms | 1 |
Furniture status | unfurnished |
Number of floors | 1 |
Tenure | leasehold |
from
£92,500
with min. deposit
£4,625
Brochures
FAQs
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
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