Summary - Coddington Close, Ware, SG12 SG12 9FN
2 bed 1 bath Flat
Modern two-bed flat, commuter-friendly and offered as a 25% shared ownership opportunity..
Two bedrooms with private balcony accessed from master bedroom
Open-plan living/kitchen, large windows, laminate flooring
Allocated off-street parking space included
Available via Shared Ownership: 25% share for £81,250
Monthly rent £710.65; total monthly cost approx £888.12
Annual service charge c. £2,129.64; regular annual rent increase
Leasehold with 121 years remaining; mortgage needed for share
Close to Ware station — about a 4-minute walk to trains
Bright two-bedroom apartment presented via Shared Ownership, aimed at buyers seeking an affordable step onto the property ladder. The open-plan living room and integrated kitchen benefit from large windows and laminate floors, with a private balcony off the master bedroom and an allocated off-street parking space. The property sits in a well-connected Ware location, about a 4-minute walk to the train station with regular services to London.
The purchase price shown is for a 25% share (£81,250) of a marketed value of £325,000. Monthly costs include rent of £710.65 and a service charge of £177.47, giving a total monthly outgoings of approximately £888.12 (mortgage required for the share). The lease has 121 years remaining and the EPC is band B for both energy and environmental ratings.
Shared Ownership brings specific rules and costs: annual rent increases each April, a substantial annual service charge (circa £2,129.64), and provider allocation policies that can affect eligibility. Prospective buyers should check eligibility, confirm mortgage availability for shared ownership, and take legal and financial advice about leasehold implications and future staircasing options.
Overall, this apartment offers a modern, commuter-friendly base with clear affordability benefits for first-time buyers, tempered by recurring service charges, rent reviews, and the limitations typical of shared-ownership leasehold homes.
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