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Loates Lane, Watford

Loates Lane

Watford

£100,000

Tenure: Leasehold

Ref: WAF105083

brochure floor plans

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1-bedroom first floor flat
40% shared ownership
Convenient town centre location
Open plan living & kitchen area
Modern fitted kitchen
136 years remaining on the lease
Situated just 0.5 miles from watford junction station
Communal gardens & close to local amenities

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monthly mortgage estimate

brochure floor plans

A modern 1 bedroom first floor flat in a prime Watford town centre location, offering open plan living, a contemporary kitchen, communal gardens and excellent transport links including being just 0.5 miles from Watford Junction Station.

Council Tax Band: B

Tenure: Leasehold

Years remaining: 0 years
Current ground rent: £0
Ground rent review period: Contact branch
Annual service charge: £3,266
Ground rent increase: Contact branch

Shared Ownership:

Share sold: 40%
Rent payable: £418 per month

floor plans

in detail

Situated in the heart of Watford, this 1 bedroom first floor flat offers an excellent opportunity to step onto the property ladder with 40% shared ownership. Located within the popular Ashleigh Court development, the home provides modern living in an exceptionally convenient town centre setting.

Inside, the property features a bright open plan living and kitchen area with a modern fitted kitchen offering ample storage and integrated appliances. The well proportioned double bedroom provides comfortable space for furnishings, while the contemporary bathroom includes a fitted bath with shower over, a pedestal basin and a heated towel rail. The flat also benefits from 136 years remaining on the lease, making it an ideal choice for first time buyers.

Residents enjoy access to communal gardens and are positioned close to a wide range of local amenities. Ashleigh Court sits approximately 0.5 miles from Watford Junction Station. Watford High Street Station is also close by at 0.4 miles, and the area offers excellent shopping and dining options including the Atria Watford shopping centre.

With its central location, modern layout and superb access to transport links, this property represents a fantastic opportunity for buyers seeking comfort and convenience.

Entrance

Kitchen/Reception Room

25' x 10' 8" ( 7.62m x 3.25m )

Bedroom

15' 5" x 9' 1" ( 4.70m x 2.77m )

Bathroom

8' 3" x 5' 7" ( 2.51m x 1.70m )

Agents Note

This property is currently under shared ownership in conjunction with Origin Housing Association who have criteria for any purchase. The advertised price is for the sellers 40% share. £417.97 per month is paid to the Housing Association as rent for the retained share. Service Charge is £272.18 per month; Ground Rent is £0. Please contact with Origin Housing Association for guidance on purchase requirements. Your conveyancer will advise with regard to the timescales involved and you should satisfy yourself in regard to lending affordability before proceeding. Upon offer of the percentage share available, your details will be passed to Origin Housing so that they may undertake an affordability assessment.

Agents Note

Heating to the property is served by electric heating. Please contact the branch for more details

Utilities, rights & restrictions

Utility supply:

Electric Ask agent
Water Ask agent
Heating Ask agent
Broadband Ask agent
Sewerage Ask agent

Rights and restrictions:

Private rights of way Ask agent
Public rights of way Ask agent
Listed property Ask agent
Restrictions Ask agent

Risks:

Flooded in last 5 years Ask agent
Flood defences Ask agent
Source of flood Ask agent

location

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energy efficient rating

Monthly mortgage estimate

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104 The Parade
WATFORD
Hertfordshire
WD17 1AW

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE.
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**The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.

Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.