3 Hackworth Court, 7 Bedford Street, Watford, WD24 5FX

Highlight Housing, The Affordable Homes Agency, working with L&G Affordable Homes, is pleased to present this delightful one bedroom Shared Ownership apartment at 3 Hackworth Court, Bedford Street, Watford, Hertfordshire The price shown represents purchasing a 40% share of the property.

Property Overview

This is an excellent opportunity to acquire a well-presented one bedroom apartment ideally located in the heart of North Watford, within easy reach of the town centre and outstanding transport links for commuting.

Situated within the modern Hackworth Court development, this property offers a bright and spacious, open-plan living environment, ideal for first-time buyers, or professionals commuting into London.

The home comprises a welcoming entrance hallway, a generously sized open-plan living/dining area, a modern fitted kitchen, that has access to private balcony area, a well-proportioned bedroom, leading into a contemporary bathroom. The property benefits from ample natural light and a practical layout designed for modern living.

Additional benefits include secure video entry, allocated parking, lift and well-maintained communal areas.

Financial Breakdown

• Full Market Value: £265,000
• 40% Share Value: £106,000
• Rent on unowned share: £462.20 per month
• Service charge: £135.18 per month
• Estate charge: £42.44 per month
• Buildings insurance £9.91 per month
• Management fee £34.89 per month
• Reserve fund payment: £35.81 per month
• Total monthly payment excluding rent: £260.93
• Lease Length: Approximately 245 years remaining

Local Area

Hackworth Court is ideally positioned on Bedford Street, a convenient residential road just moments from local amenities and Watford town centre.

The property is within close proximity to a wide selection of shops, supermarkets, cafés, and restaurants along St Albans Road and Watford High Street, including Tesco Express, Asda Supercentre, and a variety of retail outlets and dining options.

Watford town centre, including the Atria (Harlequin) Shopping Centre, offers an extensive range of high-street brands, leisure facilities, and entertainment venues.

Transport Links

This property is exceptionally well connected, making it ideal for commuters:

• Watford Junction Station - approx. 0.5 miles / 0.8 km away (around 5 minutes on foot)
• Direct trains to London Euston in as little as 15-20 minutes
• Watford North Station - approx. 1.4 km
• Watford High Street Station - approx. 1.2 km
• Watford Underground Station (Metropolitan Line) - offers direct Underground access into Central London

Additionally, the property is well served by local bus routes and benefits from easy access to the M1 and M25, providing excellent road connectivity.

Nearby Amenities & Facilities

• Supermarkets (Asda, Tesco Express) within 0.5-1 mile [opening-ho…s-uk.co.uk]
• Watford town centre shopping & leisure facilities within ~1 mile
• Restaurants, cafés and takeaways along St Albans Road
• Local parks and green spaces, including Cassiobury Park (short drive)
• Gyms, healthcare services, and community facilities nearby

What is Shared Ownership?

Shared Ownership offers a more accessible route to homeownership by allowing you to purchase a share of a property's value, while paying a subsidised rent on the remaining share.

The share purchase price is based on the full market value of the property, and your rent is calculated on the remaining share owned by the landlord.

Over time, you may choose to buy additional shares in your home through a process known as staircasing, potentially increasing your ownership up to 100%.

Eligibility Criteria

To be eligible for Shared Ownership, you will need to:

• Have a combined household income under £80,000 per annum
• Be unable to purchase a suitable home on the open market
• Not already own a home or you will have sold your current home before you purchase
• Meet one of the standard criteria, such as being a first time buyer or forming a new household

About Highlight Housing

We are The Affordable Homes Agency.

Finding an affordable home should not feel impossible. Highlight Housing exists to improve access to good-quality, safe, affordable homes for sale and rent across the UK, working with trusted housebuilders, housing associations, private sellers and landlords.

With over 15 years' experience across shared ownership, shared equity, mid-market rent and rent to buy, we provide clear, practical guidance that helps people understand what is genuinely within reach.

Our focus is on supporting individuals and families to move forward with confidence into a secure, well managed future home they can afford.

Shared Ownership Disclaimer

Shared Ownership is subject to eligibility, affordability checks and the terms of the lease. Rent, service charges and other costs will increase over time and should be considered carefully. Failure to meet mortgage, rent or service charge payments could put your home at risk.