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Lower High Street

Watford

2 Bedrooms

1 Bathroom

Retirement property

Offers over £110,000
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Offers over £110,000
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Property Details

Key features

  • NO UPPER CHAIN
  • OVER 60'S RETIREMENT FLAT
  • AFFORDABLE HOME OWNERSHIP SCHEME
  • TOWN CENTRE LOCATION
  • WELL-PRESENTED THROUGHOUT
  • TWO WELL-PROPORTIONED BEDROOMS
  • EXCELLENT TRANSPORT LINKS
  • COMMUNAL FACILITIES, GARDENS & RESIDENTS PARKING

Council Tax Band: B

Tenure: Leasehold

    Leasehold Information:

  • Number of years left on lease: 80 years
  • Annual service charge: £3,200
  • Annual ground rent: £0
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch

** NO UPPER CHAIN ** OVER 60'S RETIREMENT FLAT ** AFFORDABLE HOME OWNERSHIP SCHEME ** TOWN CENTRE LOCATION ** WELL-PRESENTED THROUGHOUT ** TWO WELL-PROPORTIONED BEDROOMS ** EXCELLENT TRANSPORT LINKS ** COMMUNAL FACILITIES, GARDENS & RESIDENTS PARKING **

**NO UPPER CHAIN ** A well-presented first floor over 60's retirement flat ideally located in Central Watford, a 'stone's throw' from Watford High Street. The property comprises of a spacious living room, a fitted kitchen, two bedrooms and a shower room. Benefits include an on-site scheme manager, communal facilities for residents, gas central heating and off-street parking for residents and visitors.

For more information or to arrange a viewing, please contact Connells today.

** Affordable home ownership scheme: price based on 70% shared equity of the open market value. The 30% share not purchased is a 'payment discount' which is locked into the property. Owners do not pay any rent to Home Group on the percentage not purchased but they must pay a service charge. **




Communal Entrance Hall
Communal entrance door, phone entry system, lift and stairs to all floors.

Entrance Hall
Front door, security entry-phone, storage cupboard.

Lounge
13' 1" MAX x 14' 7" MAX ( 3.99m MAX x 4.45m MAX )
Window to side and rear aspect, radiator, telephone point, television point, door leading to kitchen.

Kitchen
10' 8" x 7' 2" ( 3.25m x 2.18m )
Fitted kitchen comprising wall and base units with work surfaces to complement, stainless steel sink with drainer, cooker point, cooker hood, space for fridge/freezer.

Bedroom One
12' 4" x 14' 7" MAX ( 3.76m x 4.45m MAX )
Window to rear aspect, fitted wardrobes and radiator.

Bedroom Two
6' 8" x 11' 1" ( 2.03m x 3.38m )
Window to rear aspect, radiator.

Shower Room
Wet room fitted with power shower, tiling to walls, wash hand basin, extractor fan, low level WC.

Outside


Communal Gardens
Access to landscaped communal gardens.

Communal Facilities
Laundry room comprised of washing machines for resident's. Communal lounge area hosting an array of social activities.

Parking
Off-street parking for residents and visitors.


Agents Note
** Affordable home ownership scheme: you only pay 70% of the open market value. The 30% share not purchased is a 'payment discount' which is locked into the property. Owners do not pay any rent to Home Group on the percentage not purchased but they must pay a service charge. **

Requirement:
Minimum age: 60
Not intending to own any other properties post-completion
All owners to also be occupiers and capable of independent living
All applicants need to pass the financial assessment* and Medical Status Review (GP to complete our independent living tickbox questionnaire)
The fixed price is determined by a RICS valuation.

** NO UPPER CHAIN ** OVER 60'S RETIREMENT FLAT ** AFFORDABLE HOME OWNERSHIP SCHEME ** TOWN CENTRE LOCATION ** WELL-PRESENTED THROUGHOUT ** TWO WELL-PROPORTIONED BEDROOMS ** EXCELLENT TRANSPORT LINKS ** COMMUNAL FACILITIES, GARDENS & RESIDENTS PARKING **

**NO UPPER CHAIN ** A well-presented first floor over 60's retirement flat ideally located in Central Watford, a 'stone's throw' from Watford High Street. The property comprises of a spacious living room, a fitted kitchen, two bedrooms and a shower room. Benefits include an on-site scheme manager, communal facilities for residents, gas central heating and off-street parking for residents and visitors.

For more information or to arrange a viewing, please contact Connells today.

** Affordable home ownership scheme: price based on 70% shared equity of the open market value. The 30% share not purchased is a 'payment discount' which is locked into the property. Owners do not pay any rent to Home Group on the percentage not purchased but they must pay a service charge. **




Communal Entrance Hall
Communal entrance door, phone entry system, lift and stairs to all floors.

Entrance Hall
Front door, security entry-phone, storage cupboard.

Lounge
13' 1" MAX x 14' 7" MAX ( 3.99m MAX x 4.45m MAX )
Window to side and rear aspect, radiator, telephone point, television point, door leading to kitchen.

Kitchen
10' 8" x 7' 2" ( 3.25m x 2.18m )
Fitted kitchen comprising wall and base units with work surfaces...

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
(2) These particulars do not constitute part or all of an offer or contract.
(3) The measurements indicated are supplied for guidance only and as such must be considered incorrect.
(4) Potential buyers are advised to recheck the measurements before committing to any expense.
(5) Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
(6) Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

MORTGAGE CALCULATOR

Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.

Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.

If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.

** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 01/03/2024 and is correct as at 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.

BOOK A MORTGAGE APPOINTMENT

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. **THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.

 
 

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.