East Terrace, Kings Road, Stevenage

Available

Full price: £180,000 The full value of the property

Share value: 35% - £63,000

Estimated monthly cost*: £724

Estimated Monthly Mortgage*: £316

SO Resi Monthly Payment: £276.75 The monthly payment you make for the share of the home that you don't own

Monthly Service Charge**: £131.09 Residents of a development pay this for maintenance of communal/external areas

* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.

** Residents of a development pay this for maintenance of communal/external areas


Years on lease: 195

A stunning one bedroom apartment located on the first floor of East Terrace which is a development of modern apartments located a short walk from Stevenage train station and town centre. Built in 2016 this modern apartment comprises entrance hall, open plan living space with modern fitted kitchen, double bedroom, modern bathroom suite, communal gardens, security entry phone system and lift access.

- Minimum income requirement £22,722

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

 

Property videos

One bedroom apartment tour

Location

Description

Key Features

  • One bedroom first floor flat
  • Good condition
  • Modern construction
  • Communal grounds
  • Secure phone entry system
  • Parking space available
  • Close to local amenities in Stevenage

Full Description

A one bedroom first floor apartment located in Stevenage available through the Shared Ownership Scheme. Available for £63,000 for 35% share based on the marketing figure of £180,000.

SO Resi Monthly Payment - £276.75
Monthly Service Charge - £131.09
Total Monthly Charge - £407.84 PLUS MORTGAGE REQUIRED FOR 35% SHARE

First Floor

Hall, living room/kitchen, bathroom/wc and one bedroom.
(44m² GIA)

Externally
Communal grounds
Parking space


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.

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