Flat 24, Chrysler House, Bessemer... 1 bed apartment for sale

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Flat 24, Chrysler House, Bessemer... 1 bed apartment for sale

Flat 24, Chrysler House, Bessemer Road, Welwyn Garden City
£63,000

Price History

Initial price £73,500
01/02/25 £70,000
26/04/25 £63,000
Price Change -14.29%

Description

This modern home in Welwyn Garden City is available for shared ownership, with a 35% share available for £63,000. The property features an open-plan kitchen, living, and dining area, a double bedroom, and a bathroom, with allocated parking and a long lease. The apartment is located just a short drive from the town center, which offers a range of amenities, shops, and transport links, including a mainline railway station with frequent services to London. The property also benefits from proximity to sports clubs, parks, and cultural attractions. The shared ownership option allows buyers to purchase a share of the property and pay rent on the remaining share, with a combined mortgage and rent payment that is often lower than the cost of buying a similar property outright. The property is eligible for shared ownership, which requires a minimum 5% deposit and a household income of £80,000 or less, and is not suitable for those who already own a property or have a mortgage on another property.