Shared Ownership
This superb modern home is available to buy from as little as £180,000 with a 50% share!
This well proportioned ground floor maisonette offers a smart and functional layout and centres around a bright reception/dining room, providing a versatile living space with direct access to the rear garden. A separate fitted kitchen sits just off the main living area. There are two bedrooms, a modern bathroom to complete the internal accommodation. Outside is parking at the front and a private enclosed garden to the rear.
Situated in the sought-after Mill End area of Rickmansworth, the property benefits from a peaceful residential setting while remaining close to a range of local amenities. Nearby you’ll find convenience stores, cafés, schools and green open spaces, with the Aquadrome and Grand Union Canal offering excellent opportunities for walking and outdoor leisure. Rickmansworth town centre is also within easy reach, providing a wider selection of shops, restaurants and everyday essentials.
The location is particularly well connected, with Rickmansworth station offering both Metropolitan Line and Chiltern Rail services into London, making it ideal for commuters. There is also easy access to the M25 and A41, providing strong road links across Hertfordshire and into central London. Regular bus routes serve the surrounding areas, ensuring convenient travel whether by car or public transport.
PRICING & AFFORDABILITY
Full Market Value: £360,000
50% Share Price: £180,000 (rent £542.91pcm)
Minimum 5% Mortgage Deposit (50% share): £9,000
Approximate Service Charges: £43.53pcm*
Lease: 120 years remaining
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
The location is particularly well connected, with Rickmansworth station offering both Metropolitan Line and Chiltern Rail services into London, making it ideal for commuters. There is also easy access to the M25 and A41, providing strong road links across Hertfordshire and into central London. Regular bus routes serve the surrounding areas, ensuring convenient travel whether by car or public transport.
