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Shared ownership
Leasehold

£157,500

2 bed flat for sale

Teale House, Hoddesdon, Hertfordshire EN11
2 beds
1 bath
1 reception
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£157,500

2 bed flat for sale
Teale House, Hoddesdon, Hertfordshire EN11

    • 2 beds

    • 1 bath

    • 1 reception

Shared ownership
Leasehold
Added on 03/09/2025

About this property

  • 70% Shared Ownership (£157,500 based on £225,000 full value)

  • Two Generously Sized Bedrooms

  • Allocated Parking Space

  • 99-Year Lease

  • Walking Distance to Rye House br Station

  • Easy Reach of Shops, Bus Routes & Hoddesdon Town Centre

  • Easy Access to A10

  • Ideal First Time Purchase

Teale House, Hoddesdon, En11

Situated in the sought-after Teale House development in Hoddesdon, this well-presented two-bedroom second floor flat offers a fantastic opportunity for first-time buyers or those looking to step onto the property ladder through the shared ownership scheme.

Boasting well-proportioned bedrooms, this spacious flat also features a bright and airy living space, a modern fitted kitchen, and a contemporary bathroom. The property benefits from allocated parking and a 99-year lease, offering comfort and convenience in equal measure.

Perfectly located within walking distance to Rye House br Station, with regular services into London, and just a short distance from bus routes, Hoddesdon Town Centre, and a variety of local amenities, this home provides the ideal balance between connectivity and community.

70% Shared Ownership (£157,500 based on £225,000 full value)
Monthly Rent - £213.35
Monthly Service Charge - £209.53
Total Monthly Charge - £422.88 plus mortgage required for 70% share.

An annual rent increase takes place every April

Lounge - 4.81m x 3.56m
Kitchen - 1.74m x 3.13m
Bedroom - 3.80m x 3.09m
Bedroom - 3.54m x 1.99m
Bathroom - 1.74m x 1.96m

More information

  • Tenure

    Leasehold (99 years)

  • Service charge

    £2,514 per year

  • Council tax band

    C

  • Ground rent

  • Ground rent date of next review

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Christopher Stokes

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