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1 bed flat for sale

£73,500

Bessemer Road, Welwyn Garden City, Hertfordshire AL7

1 bed flat for sale 1

Images may include optional upgrades at additional cost

Interested in this property? Call +44 20 8022 7451 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • One bedroom apartment
  • Modern kitchen
  • Allocated parking
  • Good travel links
  • Available for 35% share
  • 5% deposit minimum

Property description



This bright, modern, well decorated one bedroom apartment is now available in Welwyn Garden City through Shared Ownership.

The property on the second floor comprises an entrance hall, a living room with a modern kitchen, one bedroom and a bathroom.

Outside, there is allocated parking and a shared garden area. Perfect for couples or a single person.

Key Information Document

Available for £73,500 for 35% share based on the marketing figure of £210,000.

Monthly rent - £471.10
Monthly Service Charge - £139.96
Total Monthly Charge - £611.06 plus mortgage required for 35% share.

An annual rent increase takes place every April

Location

The property is located just outside Welwyn Garden City's town centre, in a new developmental area, and about 15 minutes away walking from the railway station. The train travels to Kings Cross, in Central London, in less than an hour.

The close A1 motorway is 10 minutes away, making road travel convenient. Welwyn Garden City is a recently developed area with several shops, pubs and restaurants and other local amenities.

The town is famous for its long garden on the main road, which is beautiful, especially in spring and summer.

Many schools of all levels can be found nearby, several within walking distance.

With its convenient commuting location and nearby services, Welwyn Garden City is a fantastic place to live.

EPC rating

Energy rating band - D
Environmental impact band - D

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

Floorplan(s): Floorplan 1

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Property value data/graphs for AL7

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £562,681 £333 3.6 £614,947
Semi-detached £506,167 £343 3.1 £466,748
Terraced £502,448 £334 2.9 £408,409
Flats £253,428 £316 1.6 £239,921

Current asking prices in AL7

Average: £359,278
Avg. current asking prices in AL7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £262,000
(5)
£377,500
(8)
£461,428
(49)
£613,800
(25)
£825,000
(1)
Flats £185,231
(40)
£249,506
(40)
- - -
All £193,761
(45)
£270,839
(48)
£461,428
(49)
£613,800
(25)
£825,000
(1)

Current asking rents in AL7

Average: £1,664 pcm
Avg. current asking prices in AL7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £1,549 pcm
(2)
£1,880 pcm
(5)
£2,399 pcm
(2)
-
Flats £1,134 pcm
(3)
£1,300 pcm
(2)
- - -
All £1,134 pcm
(3)
£1,424 pcm
(4)
£1,880 pcm
(5)
£2,398 pcm
(2)
-

Fun facts for AL7

Highest value in AL7
Highest value streets Zed-Index
Wyton £788,544
Westcott £777,885
Bennett Close £758,889
Northwood £733,179
Mendlesham £697,374
Highest turnover in AL7
Highest turnover streets Turnover
Stapleford 50.0%
Elsons Mews 45.5%
Hazel Grove 40.0%
The Squirrels 38.9%
Duncan Close 38.6%
Arrange Viewing

For more information about this property, please contact
SO Resi - Resale, TW1 on +44 20 8022 7451 * (local rate)

Monthly running costs Beta

£361 Monthly total

Mortgage

Purchase price
Deposit (10%) 7,350
Repayment term 25
Interest rate 2.0
Your payment £280 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Contents value up to £75,000 Average insurance cost £15/mo (£175/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £16 Electricity £31 Estimated energy cost £47/mo

Similar properties could save up to £139

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6100 kWh/year
Electricity: 2000 kWh/year

Source: National Energy Efficiency Data Framework

Water

Supply £9 Sewerage £10 Estimated water cost £19 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact SO Resi - Resale about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by SO Resi - Resale, and do not constitute property particulars. Please contact SO Resi - Resale for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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