New-build shared-ownership 2-bed with EV parking, walking distance to town and station..
- 35% shared ownership offer from £96,250 (full value £275,000)
- Open-plan kitchen, dining and living with integrated appliances
- One allocated parking space with EV charger included
- Long 990-year lease and 12-year NHBC warranty
- Service charge approx. £157.07 pcm; annual £1,884.84
- Monthly rent on share approx. £409.64 pcm
- Newly built finish; practical storage and utility cupboard
- Local area records higher-than-average crime levels
A newly built, two-bedroom shared-ownership apartment in Letchworth Garden City, offered at a 35% share from £96,250. The home features an open-plan living, dining and kitchen area with integrated appliances, a large utility cupboard, contemporary finishes and a long 990-year lease — making it an accessible route onto the property ladder. An allocated off-street parking space includes an EV charger, and the development provides communal gardens, bike storage and visitor parking.
This apartment suits first-time buyers looking for low-entry ownership near the town centre and rail links. Interiors are finished to a modern mid-to-upper market standard with luxury vinyl flooring, carpets to bedrooms and practical built-in storage. The scheme carries a 12-year NHBC warranty and mains utilities; expected completion is late 2025.
Be aware of recurring costs: the advertised share carries monthly rent (£409.64) and a service charge (approx. £157.07 pcm, annual total £1,884.84). The property is offered as shared ownership so eligibility and a financial assessment are required. The wider area records higher crime levels, which prospective buyers should consider along with communal living aspects and on-going management arrangements.
Overall this is a practical, modern shared-ownership option for buyers seeking affordable access to Letchworth with fast rail links to London, contemporary fittings and low initial capital outlay, balanced by service charges, rental payments and local area considerations.
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