New-build 2-bed shared ownership close to station with EV charging.
35% shared ownership — 35% share price £103,250
A newly built, second-floor two-bedroom apartment in Letchworth Garden City offered as a 35% shared ownership share. The apartment has a modern open-plan living area, integrated kitchen appliances, and an ensuite to the principal bedroom — move-in ready with carpets and luxury vinyl flooring included. Practical extras include one allocated parking space with an EV charger, communal bike and bin storage, and a communal garden.
This is aimed at buyers seeking an affordable route onto the property ladder: a 35% share is priced at £103,250 with an estimated rent of £439.43 pcm and a service charge of £157.07 pcm. The long lease (990 years) and new-build NHBC warranty reduce long-term tenure risk. Location is convenient — short walk to Letchworth town centre, shops and the railway station for fast links into London.
Be clear about the ongoing costs and local context. Shared ownership carries monthly rent and service charges in addition to mortgage payments. Local data shows higher-than-average crime levels in the area and council tax is not yet specified. The property suits first-time buyers or professionals who prioritise new-build finishes, good transport links and lower initial capital outlay, but who accept shared ownership obligations and communal living.
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