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Parachute Grove

Shared ownership

Parachute Grove Henlow , SG16 6GT

For sale
Shared ownership
Lounge Area_Pic_3 (4).jpg
Live from space album cover

from

£114,000

with min. deposit

£11,400

40% Share from
£114,000
Full market price
£285,000
Minimum deposit
£11,400
Monthly rent
£386
Monthly service charge
£112.11
Reservation free
£0
Administration free
£0

2 bedroom flat

Property reference number: 1638883
 
Parachute Grove is a two-bed property located in an apartment block built in 2020. The lease remaining on the property is 122 years. 

Local buses serve the area and the night buses provide links to the city. Local amenities are located 0,1 miles away. For leisure and enjoyment, Bars and restaurants are within 0,2 miles.
  • Nearest Station: Arlesey and Watford
  • Bus routes nearby: 74, W1, W4, W5, W06, W7, W8, 9C, 74, W4
The property comprises:
  • Entrance: Hallway with one large storage cupboards and entry phone system.
  • Living room: Spacious lounge with lots of natural light and open plan kitchen. Carpet flo…

Features

Central heating

Double Glazing

Lift access

Pets allowed

Wheelchair accessible

Communal Garden

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area81
Number of floors1
Entrance floorGround floor
Tenurefreehold
EER Current71
EER Potential71

from

£114,000

with min. deposit

£11,400

40% Share from
£114,000
Full market price
£285,000
Minimum deposit
£11,400
Monthly rent
£386
Monthly service charge
£112.11
Reservation free
£0
Administration free
£0
Peabody

Peabody

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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