2 Bedroom Flat

Offered for sale on a 75% Shared Ownership basis at £217,500, with a full market value of £290,000, this two bedroom apartment at Roundwood House offers a brilliant opportunity to secure a comfortable, well maintained home in Hemel Hempstead. There is something really appealing about a home that feels easy from the moment you walk through the door, and this one does exactly that.

Set within a well maintained development, the apartment offers a great balance of comfortable living space, practical features and well cared for communal surroundings. For a first time buyer, couple or someone looking for a lower maintenance home, it is a property that makes a lot of sense.

Inside, the accommodation is well laid out, with a bright and comfortable living space that gives you plenty of room to relax, entertain or simply switch off at the end of the day. The kitchen comes with a number of useful appliances included in the sale, including a full length fridge and freezer, dishwasher and washer dryer, making it that little bit easier for the next owner to move straight in and settle down.

There are two bedrooms, giving you flexibility whether you need a second bedroom for guests, a home office or simply some extra space to grow into.

Outside the apartment itself, the development has clearly been looked after. The communal areas are cleaned twice a week, the communal windows are cleaned and there is a shared garden maintained by Hightown. There is also a secure communal bicycle store with coded access.

Parking is another real benefit. The apartment comes with one allocated parking space and there are also visitor and guest spaces available within the development.

The remaining 25% is owned by Hightown Housing Association, with the current rent on that share being £222.12 per month.

In addition to the rent, the current monthly charges payable to Hightown are £116.08, which includes the service charge, buildings insurance, management fee and reserve fund contribution. The total current monthly payment to Hightown is therefore £338.20.

The property is leasehold, with a 125 year lease granted from 2021, and there is the option to staircase up to 100% ownership in the future.

For buyers who have perhaps assumed that owning a home of their own is still slightly out of reach, Shared Ownership can offer another route onto the property ladder, and this apartment combines that opportunity with a genuinely comfortable and well maintained place to call home.

Material Information

75% Shared Ownership share: £217,500

Full market value: £290,000

Monthly rent on remaining 25% share: £222.12

Service charge: £65.97 per month

Buildings insurance: £11.78 per month

Management fee: £23.33 per month

Reserve fund contribution: £15.00 per month

Total monthly payment to Hightown: £338.20

Tenure: Leasehold Shared Ownership

Lease: 125 years from 2021

Maximum staircasing: 100%

Council Tax Band: C

Parking: One allocated parking space, with visitor and guest parking available

Pets: Pets are not permitted under the current lease terms

All Shared Ownership purchases are subject to Hightown Housing Association's eligibility and affordability requirements.

Important Notice

General: While we strive to provide sales particulars that are fair, accurate, and reliable, please be aware that they serve as a general guide to the property. Therefore, if there is any aspect of particular importance to you, we kindly request that you contact our office. We will be delighted to verify the details, especially if you plan to travel a significant distance to view the property.

Measurements: The measurements provided are intended for guidance purposes only and should not be regarded as precise.

Services: It is essential to note that we have not conducted tests on the services or any of the equipment or appliances within this property. Consequently, we strongly recommend that prospective buyers arrange for their independent survey or service reports before finalising their offer to purchase.

Disclaimer: These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. Any matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Akeman Residential Limited nor any of its employees or agents holds authority to make or provide any representation or warranty concerning this property.