Mead Lane, Hertford

Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 1

Agent: William H Brown - Hertford Phone: 01992 843424

<br/><b>SUMMARY</b><br/>*SHARED OWNERSHIP 45% SHARE*A well-presented, bright and spacious one double bedroom second floor apartment, ideally situated just a stone's throw from Hertford East station, Hertford town centre and the picturesque Hartham Common.<br/><br/><br/><b>DESCRIPTION</b><br/>This impressive dual-aspect apartment offers contemporary open-plan living, featuring a modern kitchen/living/dining room complete with integrated appliances, creating the perfect space for both relaxing and entertaining. The property further benefits from a generous double bedroom with fitted wardrobes, a stylish modern bathroom and ample storage throughout.<br/><br/>Additional benefits include double glazing, gas central heating, allocated parking and a long lease, making this an ideal first-time purchase, investment opportunity or convenient commuter home.<br/><br/>This property is currently under shared ownership in conjunction with Sovereign Network Group (SNG) who have criteria for any purchase, the advertised price is for the sellers 45% share. £531.70 per month is paid to the Housing Association as rent for the retained share. Service Charge is £228.85 per month and there is no Ground Rent. Please <br/>contact Sovereign Network Group Housing Association for guidance on <br/>purchase requirements & eligibility.<br/><br/><b>-Accommodation Overview-</b> <br/><br/><b>Entrance Hall</b> <br/><br/><b>Open Plan Living / Kitchen</b> 21' 9" x 11' 4" ( 6.63m x 3.45m )<br/><br/><b>Kitchen</b> <br/><br/><b>Bedroom One</b> 13' 3" x 10' 10" including wardrobes ( 4.04m x 3.30m including wardrobes )<br/><br/><b>Bathroom</b> <br/><br/><b>-Exterior-</b> <br/><br/><b>Parking: </b> <br/>Allocated parking space.<br/><br/><b>Agent Note: </b> <br/>In addition, Sovereign Network Group Housing Association have advised that they <br/>would be prepared to staircase a transaction to 100% Freehold <br/>ownership. This would mean that any potential purchaser would<br/>buy the vendor’s 45% share and the remaining 55% share from<br/> Sovereign Network Group Housing Association providing a Freehold purchase on <br/>completion. Your conveyancer will advise with regard to the <br/>timescales involved and you should satisfy yourself in regard to <br/>lending affordability.<br/><br/>There are associated leases to this property. Your conveyancers can take the necessary steps and advise you accordingly. Please note there is restrictions on sub-letting, keeping boats, caravans or mobile homes and holiday home use.<br/><br/><br/>We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.<br/><br/><br/><br/>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. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.