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Once part of the historic Nicholson & Co garment factory, Hansell House in the Beaumont Gardens development is a refurbished Grade II listed building. The building design retains its decorative Dutch Gables and elaborate terracotta detailing.
In addition two courtyards have been included within the design, glass roofs fill the courtyards with light and the courtyards display the original trusses and the north-lights of the listed building.
The apartments make great use of the varied space and provide quirky and practical living spaces.
Hansell House is just over a mile from the centre of St Albans and only a mile from the train station. Whilst local parks, schooling, and city entertainment at the cinema, theatre, nightclubs and pubs are just a drive away.
Reasons to choose
Contemporary and traditional
1 and 2 bedroom apartments blending contemporary and traditional, some apartments feature original beams alongside impressive sky lights.
Open plan living
Open-plan living space comprising kitchen, living and dining areas; a great space for entertaining and relaxing with family and friends.
Beaumont Garden’s is within reach of a variety of green open spaces as well as modern amenities in the not-too-distant city centre.
St Albans rail station is only 1 mile away, perfect for commuters. Plus with local routes leading to the A1, M1 and the M25, the capital is easily in reach.
Help to Buy is a government scheme designed to help first time buyers who have never owned a property before to advance up the property ladder.
Who is eligible?
Help to Buy: Equity Loan (2021-2023) are available to first time buyers. The home you want to buy must be newly built with a price of up to £407,400 in East England (see the Help to Buy site for more regional caps)
How does it work?
With a Help to Buy equity loan the Government lends you up to 20% of the cost of your newly built home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest.
You must buy your home from a homebuilder registered for Help to Buy: Equity Loan.
The amount you pay for a home depends on where in England you buy it.
When getting a mortgage you will be able to borrow up to a maximum of 4.5 times your salary.
Help to Buy Equity Loan example
For a property worth £300,000
How do I pay back the Help to Buy equity loan?
You must pay back the loan after 25 years or when you sell your home - whichever comes first.
You will not be charged any interest on the 20% loan for the first five years of owning your home.
However a management fee of £1 a month will be applicable from the date of purchase for the duration of the equity loan.
From year six, a fee of 1.75% is payable on the equity loan, which rises annually by CPI (Consumer Price Index) inflation plus 2%.