* Leasehold
_Property reference number: 1638883_
Parachute Grove is a two - bed property located in an apartment block built in
2020. The lease remaining on the property is 122 years.
Local buses serve the area and the night buses provide links to the city.
Local amenities are located 0, 1 miles away. For leisure and enjoyment, Bars
and restaurants are within 0, 2 miles.
* _Nearest Station: _ Arlesey and Watford
* _Bus routes nearby: _ 74, W1, W4, W5, W06, W7, W8, 9C, 74, W4
_The property comprises: _
* _Entrance: _ Hallway with one large storage cupboards and entry phone system.
* _Living room: _ Spacious lounge with lots of natural light and open plan kitchen. Carpet flooring.
* _Kitchen: _ High gloss white base and wall units with integrated appliances in very good condition. Laminate flooring.
* _Bedroom one: _ Double bedroom. Carpet flooring.
* _Bedroom two: _ Double bedroom. Carpet flooring.
* _Bathroom: _ Off - white suite comprising panelled bath with shower head, WC and hand washbasin with shelving and large mirror over. Laminate flooring.
* _Outside: _ Allocated parking space, communal garden and secure cycle storage.
_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: 122 years
• Annual ground rent amount: £0
• Ground rent review period: No ground rent to pay until final staircasing.
• Annual service charge amount: £1, 345. 32
• Service charge review period: Annually
• Council tax band: B
*Financial information correct as of 12. 08. 2023

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