Summary - Davy House, Charrington Place, St. Albans, Hertfordshire, AL1 AL1 3FL
2 bed 1 bath Apartment
Well-located two-bedroom shared ownership flat with secure parking and excellent transport links.
25% shared ownership — route onto the ladder but not full ownership
No upper chain — ready for a quick completion
Open-plan kitchen/living/dining — bright, practical 777 sq ft layout
Allocated secure underground parking — useful for central St Albans
High annual service charge £10,850.04 — significant ongoing cost
Combined monthly rent & charges approx £904.17 — affects affordability
Electric room heaters (no gas central heating) — potentially higher bills
Leasehold tenure — check lease length and staircasing terms
This modern two-bedroom ground-floor apartment in Davy House is presented as an accessible route onto the property ladder. The bright open-plan kitchen, living and dining area and sensible 777 sq ft layout make everyday living straightforward; built-in storage and an additional hall cupboard improve practicality for a first home.
Located in Charrington Place, the flat sits within easy walking distance of St Albans City station and the city centre, giving excellent rail links and local amenities. Secure allocated underground parking is included — a valuable benefit in this central location.
Buyers should note this is a 25% shared ownership sale on a leasehold basis and is offered with no upper chain. Monthly outgoings include a combined rent and service charge of approximately £904.17, and an annual service charge of £10,850.04 which is high and will affect overall affordability. Heating is electric via room heaters rather than gas central heating, so running costs may be higher than gas-heated homes.
For first-time buyers seeking a turn-key, well-located base in St Albans, this flat offers convenience and good local schools nearby. Investors or buyers needing full ownership should enquire about the full-ownership option, but factor in the leasehold/shared-ownership constraints and the elevated service charges when assessing return or long-term costs.
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