***AVAILABLE TO BE RESERVED OFF PLAN***
(Build complete estimated to be Spring 2025)
***SHARED OWNERSHIP***
Stonebridge Shaw, on behalf of Paradigm Living, are pleased to be offering this property for sale available on the popular Shared Ownership Scheme.
These new build homes are available to purchase through the Shared Ownership Scheme. This new development at High Leigh consists of 4 bedroom semi-detached houses located in Hoddesdon, Hertfordshire. The properties are situated just off the A10 and just a short drive into the centre of Hoddesdon with a range of local amenities.
Full market value - £565,000
Shares available 25% - 75% depending on affordability and the property
Advertised price of £282,500 relates to a 50% share. Rent payable on the remaining 50% would be £649.62 and approximate monthly service charges £102.62
Minimum 25% share £141,250 monthly rent payable on the remaining 75% share is £974.43 and approximate monthly service charges £102.62
The service charge is approximate for the first year and is subject to annual review. The service charge includes buildings insurance and Paradigm Management Fee.
PROPERTY DIMENSIONS
KITCHEN
19'0" x 9'11" 5.80m x 3.03m
LIVING ROOM
15'5" x 15'1" 4.70m x 4.60m
BEDROOM ONE
11'8" x 10'9" 3.58m x 3.28m
BEDROOM TWO
11'4" x 11'2" 3.47m x 3.42m
BEDROOM THREE
8'0" x 7'3" 2.46m x 2.23m
BEDROOM FOUR
11'2" x 7'5" 3.41m x 2.28m
Property is 1,160 square feet
Leasehold: 125 year term from the date of completion
Key Features:
To qualify for one of these properties under the Shared Ownership Scheme, you must meet the following criteria.
You cannot currently own a property or have a legal interest in a property (either in the UK or abroad).
We may consider applicants who are currently selling their property, but you must be nearing exchange of contracts, proof of this will be required.
You must be a first-time buyer or existing shared owner.
If you are / have been a homeowner & meet all other criteria, we can submit an exception form to the council for their approval.
Your annual household income must be less than £80,000.
You should not be able to afford to buy the property you are interested in, on the open market.
You must be able to demonstrate that you have a good credit history and can afford the regular payments and costs involved in buying a home.
Must have a living or working connection to the Borough of Broxbourne, please see attached map for reference.
The Borough of Broxbourne Council has updated its housing allocations scheme to consider applicants who have lived in the borough or have a reasonable connection to the area, even if they don't currently reside there.
Please note that, these properties are still in the process of being built therefore a viewing can't be arranged & the properties are only available to be reserved off plan.
***Due to varying stages of construction photographs may be of similar properties and are intended to give an idea of the finish of the properties being built but may not represent the final finishes***
Note from the team at Stonebridge Shaw
We always aim to ensure our properties are displayed accurately with the photos, virtual tour, floor plans and descriptions provided. However these are intended as a guide and purchasers must satisfy themselves by viewing the property in person.