£240,000
1 bed flat for sale
The Gateway, Watford WD18Leasehold
1 bed
Key information
Tenure
Leasehold (82 years)
Service charge
£85 per month
Council tax band
C
Ground rent
£0
Ground rent date of next review
Shared ownership percentage owned
33%
Shared ownership rent
£271 per month
About this property
Property reference number: 1639037
This property is well-located near Watford High Street offering the perfect blend of urban convenience and suburban charm. The town offers excellent transport links from Warford's three stations as well as Bushey station providing quick access to London, making it ideal for commuters.
The local high street is bustling with a good mix of local shops and restaurants, with nearby Cassiobury Park offering a picturesque escape with sprawling green spaces and woodland walks.
- Nearest stations: Watford (0.9 miles), Watford High Street (1.7 miles), Watford Junction (1.8 miles), Bushey (2 miles)
The property comprises:
- Entrance: Hallway with storage cupboard. Carpeted flooring.
- Living room: Spacious living area with a view of the park opening into open-plan kitchen. Carpeted flooring.
- Kitchen: Grey units with wood worktop and tiled splashback. Freestanding appliances.
- Bedroom: Double bedroom with a view of the park. Light-brown carpeted flooring.
- Bathroom: White and almond white suite with shower over bath. Partially tiled.
- Outside: Private parking space and communal garden.
What happens after I register my interest?
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact and our team will be able to help you.
What is Resale Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Financial information
• Tenure: Leasehold
• Remaining lease term: 82 years
• Annual ground rent amount: £0
• Ground rent review period: No ground rent until final staircasing
• Annual service charge amount: £1,018.92
• Service charge review period: Annually
• Council tax band: C
*Financial information correct as of 07/11/2023
More information
Listed by
Peabody - Resale
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