Commuter-friendly two-bedroom with balcony and allocated parking near the station.
- 35% shared ownership available; 5% minimum deposit required
- Private balcony and open-plan living-dining-kitchen
- Allocated off-street parking space included
- Long lease: 116 years remaining
- Service charge approx. £1,851.12 per year
- Annual rent increase each April; monthly rent £643.89
- Local area: above-average crime and area deprivation
- Heating electric (boiler with underfloor); EPC band D
Bright, modern two-bedroom apartment offered via Shared Ownership (35% share) in central Welwyn Garden City. The layout includes an open-plan living-dining-kitchen and a private balcony; an allocated off-street parking space adds convenience for drivers. With a long lease (116 years remaining) and new-build finishes, the flat suits buyers seeking a commuter-friendly base with low initial deposit requirements.
Costs are straightforward but material: the advertised price reflects a 35% share (£120,750) with a 5% minimum deposit, monthly rent (£643.89) and a service charge (approx. £154.26), giving total monthly outgoings before mortgage of about £798.15. There is an annual rent increase every April and an average service charge of £1,851.12 per year — factor these into affordability calculations.
The location is a major benefit: roughly eight minutes’ walk to the railway station with fast links to London, local shops and supermarkets nearby, and several primary and secondary schools within reach. Practical points to check at viewing: the marketing text references two bathrooms and a two-floor layout, but the supplied property data lists one bathroom — buyers should verify the actual room count and floor arrangement. Also note higher-than-average local crime levels and a deprived local-area classification; these affect long-term desirability and should be considered alongside the transport and amenity advantages.
Heating is electric (boiler with underfloor heating) and the EPC rating is band D, so running costs may be higher than gas-heated properties. The property is leasehold and managed under shared-ownership rules, so buyers should review allocation policies, resale rules, and speak with a solicitor and mortgage adviser about lease length and staircasing options before committing.
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