Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Empire House, 2 bed homes


Bessemer Road, Welwyn Garden City, Welwyn Hatfield, AL7 1FY

Shared ownership

Starting prices

35% share from
£122,500
Full price
£350,000
Monthly rent
£518
Monthly service charge
£115

Overview

Key Features

2 bedroom duplex apartment with balcony / terrace
Allocated parking space
Video entry system
M25 within 10 miles and A1M within 2 miles
Welwyn Garden City town centre and train station approx. 800m
Approx gross internal floor area 77sqm
Approx. 124 years unexpired lease term remaining (Unverified, subject to confirmation from solicitors)
Available for a 35% share price of £122,500 of £350,000

SO Resi Monthly Payment - £517.82
Monthly Service Charge - £114.62
Total Monthly Charge - £632.44 PLUS MORTGAGE REQUIRED FOR 35% SHARE

Available now through shared ownership scheme is this stunning two bedroom duplex apartment in Welwyn Garden City situated over the 3rd and 4th Floor. It has a fully fitted kitchen including oven, hob and extractor hood. The main bathroom has a modern white suite and ceramic tiles. The property also benefits from the addition on an en-suite bathroom. The lounge and bedrooms are fully carpeted. The apartment is also fully double glazed.

Empire House is part of the Times Square Development and the building is conveniently located within a 10 minutes walk away from the town centre and station.

EPC Rating

Energy Rating Band - D
Environmental Impact Band -D

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.


Local area information

Welwyn Garden City has an abundance of shops and travel routes including the A1M, the A414, A1000 / A1001 to Hatfield and the B1000 to Hertford. There is also a good bus service. The nearest railway station is Welwyn Garden City station within the town centre. Trains run south to London Finsbury Park, Kings Cross, and Moorgate and north to Hitchin, Cambridge, Peterborough and Stevenage. 


Housing Provider

SO Resi
Shared ownership

Starting prices

35% share from
£122,500
Full price
£350,000
Monthly rent
£518
Monthly service charge
£115